Barbados Trade Summary

2002 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): 215
No. Of products: 1,580
No. Of partners: 113
Importsmore »
Imports (in US$ Mil): 997
No. Of products: 3,921
No. Of partners: 155

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Raw cane sugar, in s ...18,844.33
Rum and tafia17,777.10
Other food preparati ...11,711.83
Portland cement (exc ...10,408.00
Other medicaments of ...9,905.01
Imports (US$ Thousands)
Petroleum oils, etc, ...26,352.93
Other medicaments of ...25,411.67
Automobiles with rec ...19,615.41
Art. of jewellery an ...15,281.12
Automobiles with rec ...11,790.85

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States36 16.51
United Kingdom26 11.92
Trinidad and Tobago24 10.99
Unspecified20 9.32
Jamaica15 6.98
Exporter Trade (US$ Mil) Partner share(%)
United States440 44.13
Trinidad and Tobago116 11.66
United Kingdom79 7.89
Japan45 4.52
Canada37 3.73

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials12 5.62 69 6.94 51.79
Intermediate goods52 24.07 152 15.26 12.41
Consumer goods97 44.88 520 52.22 25.45
Capital goods34 15.72 220 22.04 7.71

Trade Indicators

more »
HH Market concentration index: 0.12
Index of export market penetration: 1.98
World Growth: 2.05
Country Growth: 2.04

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 1,790.93
Simple Average (%): 16.22
Weighted Average (%): 20.78
Duty Free Imports (US$ Thousand): 0
Duty Free Tariff Lines Share (%): 0

Development Indicators

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GDP (current US$ Mil): 3,170
GNI per capita, Atlas method (current US$): 11,030.00
Trade Balance (% of GDP): -5.39
Trade Balance (current US$ Mil): -171.00
Trade in services (% of GDP): 46.11
Trade (% of GDP): 81.81