Barbados Trade Summary

2007 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): 314
No. Of products: 1,615
No. Of partners: 130
Importsmore »
Imports (in US$ Mil): 1,299
No. Of products: 3,821
No. Of partners: 161

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...68,771.01
Rum and tafia33,774.54
Raw cane sugar, in s ...18,828.20
Other medicaments of ...17,227.16
Portland cement (exc ...14,070.63
Imports (US$ Thousands)
Other medicaments of ...36,528.02
Transmission apparat ...29,139.18
Automobiles with rec ...27,814.62
Automobiles with rec ...14,519.80
Diesel powered truck ...13,235.57

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Trinidad and Tobago87 27.77
United States45 14.21
United Kingdom29 9.10
St. Lucia21 6.59
Jamaica17 5.30
Exporter Trade (US$ Mil) Partner share(%)
United States567 43.67
United Kingdom101 7.80
Trinidad and Tobago100 7.73
Japan59 4.53
Canada57 4.42

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials82 26.25 87 6.67 27.75
Intermediate goods58 18.51 220 16.95 12.85
Consumer goods136 43.19 642 49.45 17.30
Capital goods35 11.24 343 26.45 8.08

Trade Indicators

more »
HH Market concentration index: 0.10
Index of export market penetration: 2.07
World Growth: 7.24
Country Growth: 22.68

Tariffs

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No Of Tariff Agreement: 6
Maximum Rate (%): 1,199.52
Simple Average (%): 15.13
Weighted Average (%): 14.79
Duty Free Imports (US$ Thousand): 214,658.71
Duty Free Tariff Lines Share (%): 15.53

Development Indicators

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GDP (current US$ Mil): 4,546
GNI per capita, Atlas method (current US$): 15,660.00
Trade Balance (% of GDP): -3.79
Trade Balance (current US$ Mil): -172.00
Trade in services (% of GDP): 52.12
Trade (% of GDP): 93.71