Barbados Trade Summary

2000 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): 273
No. Of products: 1,704
No. Of partners: 115
Importsmore »
Imports (in US$ Mil): 1,156
No. Of products: 3,942
No. Of partners: 161

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Raw cane sugar, in s ...26,660.16
Petroleum oils, etc, ...22,461.10
Other medicaments of ...13,343.23
Rum and tafia12,271.91
Other food preparati ...11,933.74
Imports (US$ Thousands)
Petroleum oils, etc, ...52,623.14
Automobiles with rec ...26,672.80
Other medicaments of ...25,340.53
Art. of jewellery an ...20,115.86
Automobiles with rec ...16,694.41

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Bunkers45 16.35
United States43 15.80
Trinidad and Tobago36 13.22
United Kingdom36 13.17
Jamaica19 7.03
Exporter Trade (US$ Mil) Partner share(%)
United States480 41.55
Trinidad and Tobago190 16.45
United Kingdom93 8.08
Japan60 5.20
Canada48 4.14

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials6 2.27 65 5.60 20.80
Intermediate goods60 22.06 171 14.84 15.34
Consumer goods117 43.00 590 51.06 22.39
Capital goods48 17.76 252 21.78 15.86

Trade Indicators

more »
HH Market concentration index: 0.39
Index of export market penetration: 2.05
World Growth: 7.43
Country Growth: 59.60

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 2,024.58
Simple Average (%): 21.23
Weighted Average (%): 21.01
Duty Free Imports (US$ Thousand): 43,048.82
Duty Free Tariff Lines Share (%): 4.48

Development Indicators

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GDP (current US$ Mil): 3,122
GNI per capita, Atlas method (current US$): 11,110.00
Trade Balance (% of GDP): -4.03
Trade Balance (current US$ Mil): -126.00
Trade in services (% of GDP): 48.21
Trade (% of GDP): 88.78