Barbados Trade Summary

2004 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): 195
No. Of products: 1,516
No. Of partners: 107
Importsmore »
Imports (in US$ Mil): 1,094
No. Of products: 3,868
No. Of partners: 168

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Raw cane sugar, in s ...23,047.14
Rum and tafia22,307.52
Petroleum oils and o ...15,275.79
Portland cement (exc ...12,624.75
Wirewound variable r ...11,773.47
Imports (US$ Thousands)
Transmission apparat ...43,083.42
Automobiles with rec ...29,062.47
Other medicaments of ...28,626.77
Automobiles with rec ...15,942.06
Engines, diesel nes13,342.93

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States39 19.99
United Kingdom30 15.29
Trinidad and Tobago28 14.28
St. Lucia13 6.69
Jamaica12 6.32
Exporter Trade (US$ Mil) Partner share(%)
United States477 43.63
Trinidad and Tobago84 7.64
United Kingdom77 7.07
Japan60 5.52
Canada52 4.79

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials22 11.43 82 7.51 34.67
Intermediate goods60 30.61 175 16.00 12.77
Consumer goods78 39.78 527 48.18 17.43
Capital goods33 17.17 305 27.90 8.49

Trade Indicators

more »
HH Market concentration index: 0.23
Index of export market penetration: 1.93
World Growth: 10.49
Country Growth: 16.85

Tariffs

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No Of Tariff Agreement: 2
Maximum Rate (%): 1,767.53
Simple Average (%): 15.93
Weighted Average (%): 15.48
Duty Free Imports (US$ Thousand): 0
Duty Free Tariff Lines Share (%): 0

Development Indicators

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GDP (current US$ Mil): 3,514
GNI per capita, Atlas method (current US$): 12,650.00
Trade Balance (% of GDP): -8.50
Trade Balance (current US$ Mil): -299.00
Trade in services (% of GDP): 48.04
Trade (% of GDP): 90.22