Key Market Indicators
Over the forecast period, Barbados is expected to show steady growth in truck imports. The country is projected to increase from $19,756,000 in 2021 to $21,661,000 by 2026, a 1.3% annual growth rate. Since 2002, Barbadian demand has increased by 2.2% per year on average. Barbados is also expected to experience steady growth in truck exports from 2021 to 2026. The country is projected to rise from $926,170 in 2021 to $1,151,600 by 2026, a 3.4% average annual growth rate. Since 2002, Barbadian supply has increased by 24.7% annually on average. In 2021, Barbados ranked 102nd in truck exports, being overtaken by Cameroon which reported $926,170. The United States, Germany and France came in second, third and fourth in the ranking, respectively.
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