Barbados Trade Summary

2005 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): 361
No. Of products: 1,778
No. Of partners: 113
Importsmore »
Imports (in US$ Mil): 1,672
No. Of products: 3,912
No. Of partners: 170

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...97,359.01
Rum and tafia25,372.88
Raw cane sugar, in s ...22,178.88
Petroleum oils and o ...16,695.83
Other medicaments of ...15,757.14
Imports (US$ Thousands)
Petroleum oils, etc, ...278,726.87
Automobiles with rec ...66,635.79
Automobiles with rec ...46,196.92
Transmission apparat ...44,210.73
Other medicaments of ...40,045.50

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Bunkers95 26.23
United States48 13.42
Trinidad and Tobago39 10.82
United Kingdom32 8.79
St. Lucia22 6.13
Exporter Trade (US$ Mil) Partner share(%)
United States600 35.91
Trinidad and Tobago354 21.16
Japan128 7.64
United Kingdom91 5.43
Canada57 3.39

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials25 7.04 85 5.06 ...
Intermediate goods69 19.10 216 12.90 ...
Consumer goods217 60.19 1,043 62.37 ...
Capital goods47 12.90 322 19.24 ...

Trade Indicators

more »
HH Market concentration index: 0.08
Index of export market penetration: 1.94
World Growth: 6.13
Country Growth: -11.43

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

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GDP (current US$): 3,897
GNI per capita, Atlas method (current US$): 13,640.00
Trade Balance (% of GDP): -7.83
Trade Balance (current US$ Mil): -305.00
Trade in services (% of GDP): 54.12
Trade (% of GDP): 95.66