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Exports In 2022, Barbados exported $8.43k in Navigation Equipment, making it the 161st largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 427th most exported product in Barbados. The main destination of Navigation Equipment exports from Barbados are: United States ($7.57k), Bermuda ($465), Trinidad and Tobago ($248), Netherlands ($105), and Barbados ($43).

The fastest growing export markets for Navigation Equipment of Barbados between 2021 and 2022 were United States ($3.75k), Bermuda ($438), and Trinidad and Tobago ($248).

Imports In 2022, Barbados imported $385k in Navigation Equipment, becoming the 172nd largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 444th most imported product in Barbados. Barbados imports Navigation Equipment primarily from: United States ($199k), United Kingdom ($27.5k), Trinidad and Tobago ($27.4k), Greece ($25.3k), and Italy ($18.4k).

The fastest growing import markets in Navigation Equipment for Barbados between 2021 and 2022 were United States ($52.8k), Trinidad and Tobago ($27.2k), and Greece ($25.3k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Navigation Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.43k
IMPORTS (2022)$385k
NET TRADE (2022)-$377k

In 2022, Barbados exported $8.43k in Navigation Equipment. The main destinations of Barbados exports on Navigation Equipment were United States ($7.57k), Bermuda ($465), Trinidad and Tobago ($248), Netherlands ($105), and Barbados ($43).

In 2022, Barbados imported $385k in Navigation Equipment, mainly from United States ($199k), United Kingdom ($27.5k), Trinidad and Tobago ($27.4k), Greece ($25.3k), and Italy ($18.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
United States$3.75k (98.1%)
Bermuda$438 (1.62k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Barbados WERE (2021 - 2022):
Belize-$40.9k (-100%)
Grenada-$470 (-100%)
Antigua and Barbuda-$370 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Navigation Equipment were:
In 2022, Barbados's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Navigation Equipment’s highest export potential is N/A. With an export gap of N/A.   Navigation Equipment’s highest import potential is N/A with an import gap of N/A.

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