Antigua and Barbuda-Barbados Bilateral Trade Analysis 2023
Complete trade statistics: $12.18M total volume •Antigua and Barbuda deficit: $7.75M
Antigua and Barbuda → Barbados
$2.22M
Exports (2023)
Barbados → Antigua and Barbuda
$9.96M
Imports (2023)
Trade Balance
$7.75M
Deficit for Antigua and Barbuda
Total Trade
$12.18M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Antigua and Barbuda and Barbados. Green line shows exports from Antigua and Barbuda, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Antigua and Barbuda-Barbados commercial relationship and competitive positioning in global markets.
Antigua and Barbuda → Barbados Exports
Export Market Intelligence
🎯 Strategic Export Focus
Antigua and Barbuda's export portfolio to Barbados demonstrates strategic specialization, with games: operated by coins, banknotes, bank cards, tokens or by other means of payment, other than billiard articles and accesssories, and automatic bowling alley equipment representing a key competitive advantage in this bilateral market.
Barbados → Antigua and Barbuda Imports
Import Dependency Profile
📦 Import Strategy Analysis
Antigua and Barbuda's import pattern from Barbados reveals significant dependencyin medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Antigua and Barbuda demonstrates competitive strength in exportinggames: operated by coins, banknotes, bank cards, tokens or by other means of payment, other than billiard articles and accesssories, and automatic bowling alley equipment to Barbados, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $12.18M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Antigua and Barbuda-Barbados Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $12.18 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Antigua and Barbuda maintains a deficit of $7.75 million
- Export Focus: Antigua and Barbuda's primary exports include games: operated by coins, banknotes, bank cards, tokens or by other means of payment, other than billiard articles and accesssories, and automatic bowling alley equipment, cranes: transporter, gantry and bridge cranes, pigments: of a kind used in the manufacture of paints, other than stamping foils
- Import Dependencies: Key imports from Barbados include medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured, margarine: excluding liquid margarine
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $12.18M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Antigua and Barbuda leveraging its comparative advantages in games: operated by coins, banknotes, bank cards, tokens or by other means of payment, other than billiard articles and accesssories, and automatic bowling alley equipment.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Antigua and Barbuda's specialization in games: operated by coins, banknotes, bank cards, tokens or by other means of payment, other than billiard articles and accesssories, and automatic bowling alley equipmentcomplements Barbados's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $12.18M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $12.18M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $12.18 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in games: operated by coins, banknotes, bank cards, tokens or by other means of payment, other than billiard articles and accesssories, and automatic bowling alley equipment and medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Antigua and Barbuda's trade deficit of $7.75 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Antigua and Barbuda and Barbados represents a total trade volume of $12.18 million in 2023. This partnership demonstrates an unfavorable trade balance for Antigua and Barbuda, with imports exceeding exportsby $7.75 million.
Export Strengths
Antigua and Barbuda's exports to Barbados total $2.22 million, with competitive advantages in games: operated by coins, banknotes, bank cards, tokens or by other means of payment, other than billiard articles and accesssories, and automatic bowling alley equipment, representing $1.47M or66.2% of bilateral exports.
Import Dependencies
Imports from Barbados amount to $9.96 million, highlighting economic interdependence in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, with Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale comprising26.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Antigua and Barbuda's strategic sourcing from Barbados. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Antigua and Barbuda and Barbados in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023