Barbados Trade Summary

1998 Data

Barbados exports, imports, tariff by year.

Country / Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports

Products

TRADE SUMMARY FOR Barbados

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 259
No. Of products: 1,699
No. Of partners: 97
Importsmore »
Imports (in US$ Mil): 1,022
No. Of products: 3,912
No. Of partners: 126

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Raw cane sugar, in s ...27,589.34
Rum and tafia13,767.58
Insecticides, put up ...9,949.18
Other food preparati ...8,786.04
Other medicaments of ...8,624.15
Imports (US$ Thousands)
Automobiles with rec ...31,696.68
Automobiles with rec ...21,889.64
Other medicaments of ...20,046.73
Art. of jewellery an ...16,567.43
Coniferous wood, con ...15,134.39

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States42 16.11
United Kingdom41 15.97
Bunkers36 13.73
Trinidad and Tobago27 10.59
Jamaica20 7.75
Exporter Trade (US$ Mil) Partner share(%)
United States427 41.82
Trinidad and Tobago131 12.79
United Kingdom96 9.36
Japan74 7.28
Canada42 4.07

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials7 2.52 65 6.34 ...
Intermediate goods59 22.90 183 17.92 ...
Consumer goods111 42.81 466 45.59 ...
Capital goods41 15.85 229 22.44 ...

Trade Indicators

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HH Market concentration index: 0.11
Index of export market penetration: 1.80
World Growth: -0.47
Country Growth: -3.90

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

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GDP (current US$): 2,817
GNI per capita, Atlas method (current US$): 9,630.00
Trade Balance (% of GDP): -3.26
Trade Balance (current US$ Mil): -92.00
Trade in services (% of GDP): 44.22
Trade (% of GDP): 88.04