Barbados Trade Summary

2006 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): 441
No. Of products: 2,002
No. Of partners: 141
Importsmore »
Imports (in US$ Mil): 1,629
No. Of products: 3,845
No. Of partners: 170

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...114,426.09
Petroleum oils and o ...23,114.03
Rum and tafia22,207.75
Raw cane sugar, in s ...19,620.94
Other medicaments of ...17,684.06
Imports (US$ Thousands)
Petroleum oils, etc, ...283,341.20
Other medicaments of ...38,732.02
Transmission apparat ...30,443.85
Automobiles with rec ...30,414.24
Art. of jewellery an ...19,249.35

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Bunkers114 25.84
United States89 20.08
Trinidad and Tobago49 11.04
United Kingdom33 7.49
St. Lucia23 5.14
Exporter Trade (US$ Mil) Partner share(%)
United States612 37.57
Trinidad and Tobago366 22.48
United Kingdom95 5.83
Japan60 3.68
Canada60 3.66

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials35 7.87 84 5.15 29.54
Intermediate goods67 15.21 215 13.23 11.46
Consumer goods273 61.95 962 59.09 13.31
Capital goods64 14.46 359 22.07 7.76

Trade Indicators

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HH Market concentration index: 0.09
Index of export market penetration: 1.97
World Growth: 7.53
Country Growth: -7.45

Tariffs

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No Of Tariff Agreement: 4
Maximum Rate (%): 216
Simple Average (%): 15
Weighted Average (%): 12.66
Duty Free Imports (US$ Thousand): 483,966.89
Duty Free Tariff Lines Share (%): 14.90

Development Indicators

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GDP (current US$ Mil): 4,303
GNI per capita, Atlas method (current US$): 14,630.00
Trade Balance (% of GDP): -4.49
Trade Balance (current US$ Mil): -193.00
Trade in services (% of GDP): 53.34
Trade (% of GDP): 94.59