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Barbados Trade Summary

1997

Barbados exports, imports, tariff by year.

Country and 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 1997

Overall Exports and Imports for Barbados 1997

Exports and imports of Barbados in 1997 are below, along with number of countries and products

  • The total value of exports (FoB) was 283 million.
  • The total value of imports (CIF) was 995 million.
  • At the HS6 digit level, 1,403 products were exported to 88 countries and 2,707 products were imported from 119 countries.

Barbados top 5 Export and Import partners 1997

Top five countries to which Barbados exported in 1997 are below, along with the percent of total exports that went to that country:

  1. Barbados exports to United Kingdom worth US$ 48 million, with a partner share of 17.12 percent.
  2. Barbados exports to Bunkers worth US$ 44 million, with a partner share of 15.58 percent.
  3. Barbados exports to United States worth US$ 41 million, with a partner share of 14.65 percent.
  4. Barbados exports to Jamaica worth US$ 20 million, with a partner share of 7.19 percent.
  5. Barbados exports to Trinidad and Tobago worth US$ 19 million, with a partner share of 6.72 percent.

Top five countries from which Barbados imported goods in 1997 are below, along with percent of total imports that came from the country :

  1. Barbados imports from United States worth US$ 452 million, with a partner share of 45.40 percent.
  2. Barbados imports from Trinidad and Tobago worth US$ 91 million, with a partner share of 9.10 percent.
  3. Barbados imports from United Kingdom worth US$ 80 million, with a partner share of 8.09 percent.
  4. Barbados imports from Japan worth US$ 68 million, with a partner share of 6.83 percent.
  5. Barbados imports from Canada worth US$ 39 million, with a partner share of 3.90 percent.

Barbados Top 5 Productsexports imports at HS 6 digit level 1997

The top five exported HS 6 digit level products to world by Barbados along with trade value are:

  1. Barbados exported Raw cane sugar, in solid form , worth 35,868.09 (US$ Thousands).
  2. Barbados exported Other food preparations, nes , worth 19,851.52 (US$ Thousands).
  3. Barbados exported Rum and tafia , worth 13,947.38 (US$ Thousands).
  4. Barbados exported Wirewound variable resistors, including rheosta , worth 12,665.67 (US$ Thousands).
  5. Barbados exported Other medicaments of mixed or unmixed products, , worth 9,237.34 (US$ Thousands).

The top five imported HS 6 digit level products from world by Barbados along with trade value are

  1. Barbados imported Automobiles with reciprocating piston engine di , worth 25,260.60 (US$ Thousands).
  2. Barbados imported Automobiles with reciprocating piston engine di , worth 18,279.50 (US$ Thousands).
  3. Barbados imported Art. of jewellery and pts thereof of/o prec mtl , worth 16,184.39 (US$ Thousands).
  4. Barbados imported Other medicaments of mixed or unmixed products, , worth 15,726.62 (US$ Thousands).
  5. Barbados imported Coniferous wood, continuously shaped along any , worth 13,465.03 (US$ Thousands).

Exports and Imports of Product Groups 1997

Exports and imports of products by stages of processing in 1997 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1997

Tariffs imposed by Barbados in 1997 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 1997

Key Development Indicators of Barbados in 1997 are below

  • Barbados GDP in current US dollar was 2,498 million.
  • GNI per capita, Atlas method (current US$) was 9,220.00 .
  • Barbados Trade balance: as % of GDP was -2.77.
  • Trade balance in current US$ was -69.00 million.
  • Trade as percentage of GDP was 95.76 .
  • Trade in services as percentage of GDP was 47.15 .

Trade Indicators 1997

Trade Indicators for Barbados in 1997 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 1.93.
  • World Growth in percentage was 3.05 and Barbados Country Growth was -2.12 .