Key Market Indicators
Barbadian exports of aircraft parts are forecast to reach more than $1 million by 2026, growing at an average rate of 1.8% year-on-year. In comparison, supplies have decreased by 3.2% year-on-year since 2002, and the country was ranked 80th in 2021, behind Guyana, which had exports of $939,100. Germany, Singapore and France ranked second, third and fourth, respectively. Imports of aircraft parts in Barbados are expected to reach $362,800 by 2026, falling by 3.4% year-on-year on average. Since 2002, demand has dropped 18% year-on-year. The country ranked 116th in 2021, behind Sao Tome and Principe, with $436,800. France, Germany and Singapore were in the second, third and fourth positions, respectively.