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Barbados Trade Summary

1999

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 1999

Overall Exports and Imports for Barbados 1999

Exports and imports of Barbados in 1999 are below, along with number of countries and products

  • The total value of exports (FoB) was 251 million.
  • The total value of imports (CIF) was 1,067 million.
  • At the HS6 digit level, 1,765 products were exported to 99 countries and 3,900 products were imported from 131 countries.

Barbados top 5 Export and Import partners 1999

Top five countries to which Barbados exported in 1999 are below, along with the percent of total exports that went to that country:

  1. Barbados exports to United States worth US$ 44 million, with a partner share of 17.53 percent.
  2. Barbados exports to United Kingdom worth US$ 35 million, with a partner share of 13.80 percent.
  3. Barbados exports to Trinidad and Tobago worth US$ 33 million, with a partner share of 13.05 percent.
  4. Barbados exports to Bunkers worth US$ 23 million, with a partner share of 9.02 percent.
  5. Barbados exports to Jamaica worth US$ 19 million, with a partner share of 7.48 percent.

Top five countries from which Barbados imported goods in 1999 are below, along with percent of total imports that came from the country :

  1. Barbados imports from United States worth US$ 454 million, with a partner share of 42.49 percent.
  2. Barbados imports from Trinidad and Tobago worth US$ 124 million, with a partner share of 11.61 percent.
  3. Barbados imports from United Kingdom worth US$ 89 million, with a partner share of 8.36 percent.
  4. Barbados imports from Japan worth US$ 84 million, with a partner share of 7.85 percent.
  5. Barbados imports from Canada worth US$ 46 million, with a partner share of 4.27 percent.

Barbados Top 5 Productsexports imports at HS 6 digit level 1999

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 27,720.96 (US$ Thousands).
  2. Barbados exported Wirewound variable resistors, including rheosta , worth 13,588.37 (US$ Thousands).
  3. Barbados exported Rum and tafia , worth 13,472.18 (US$ Thousands).
  4. Barbados exported Other food preparations, nes , worth 10,444.24 (US$ Thousands).
  5. Barbados exported Insecticides, put up for retail sale , worth 10,272.35 (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 33,798.05 (US$ Thousands).
  2. Barbados imported Other medicaments of mixed or unmixed products, , worth 26,908.74 (US$ Thousands).
  3. Barbados imported Automobiles with reciprocating piston engine di , worth 23,710.17 (US$ Thousands).
  4. Barbados imported Art. of jewellery and pts thereof of/o prec mtl , worth 19,976.94 (US$ Thousands).
  5. Barbados imported Coniferous wood, continuously shaped along any , worth 13,949.28 (US$ Thousands).

Exports and Imports of Product Groups 1999

Exports and imports of products by stages of processing in 1999 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1999

Tariffs imposed by Barbados in 1999 are below

  • The maximum rate of tariff in percentage on any product was 2,290.74 percent.
  • The simple average tariff across all products was 21.22 percent.
  • The trade weighted average tariff was 22.77 .
  • The total duty free imports in thousands of US dollars were 42,667.58 and duty free tariff line items share was 4.61 percent.

Development Indicators 1999

Key Development Indicators of Barbados in 1999 are below

  • Barbados GDP in current US dollar was 2,952 million.
  • GNI per capita, Atlas method (current US$) was 10,050.00 .
  • Barbados Trade balance: as % of GDP was -4.82.
  • Trade balance in current US$ was -142.00 million.
  • Trade as percentage of GDP was 88.19 .
  • Trade in services as percentage of GDP was 44.31 .

Trade Indicators 1999

Trade Indicators for Barbados in 1999 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 2.05.
  • World Growth in percentage was 2.42 and Barbados Country Growth was 5.64 .