Barbados Trade Summary

2001 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: 1,658
No. Of partners: 118
Importsmore »
Imports (in US$ Mil): 1,068
No. Of products: 3,901
No. Of partners: 161

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Raw cane sugar, in s ...22,024.31
Rum and tafia18,029.85
Petroleum oils, etc, ...14,904.96
Other medicaments of ...13,918.22
Other food preparati ...12,510.60
Imports (US$ Thousands)
Petroleum oils, etc, ...50,905.10
Other medicaments of ...24,901.20
Art. of jewellery an ...21,620.11
Automobiles with rec ...20,763.34
Automobiles with rec ...13,343.43

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Bunkers43 16.76
United States39 14.97
United Kingdom30 11.69
Trinidad and Tobago29 11.04
Jamaica20 7.77
Exporter Trade (US$ Mil) Partner share(%)
United States449 42.07
Trinidad and Tobago174 16.31
United Kingdom86 8.05
Japan45 4.17
Canada40 3.71

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials6 2.35 67 6.24 52.72
Intermediate goods54 20.73 152 14.25 12.41
Consumer goods120 46.18 554 51.89 23.85
Capital goods40 15.52 225 21.05 7.62

Trade Indicators

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HH Market concentration index: 0.13
Index of export market penetration: 1.97
World Growth: -1.74
Country Growth: -21.26

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 774.23
Simple Average (%): 16.30
Weighted Average (%): 20.34
Duty Free Imports (US$ Thousand): 0
Duty Free Tariff Lines Share (%): 0

Development Indicators

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GDP (current US$ Mil): 3,117
GNI per capita, Atlas method (current US$): 10,990.00
Trade Balance (% of GDP): -4.33
Trade Balance (current US$ Mil): -135.00
Trade in services (% of GDP): 47.98
Trade (% of GDP): 84.64