Barbados Trade Summary

2008 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): 454
No. Of products: 1,896
No. Of partners: 144
Importsmore »
Imports (in US$ Mil): 1,744
No. Of products: 3,820
No. Of partners: 165

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...91,588.03
Other medicaments of ...37,928.69
Rum and tafia33,329.29
Raw cane sugar, in s ...22,497.20
Petroleum oils and o ...22,284.81
Imports (US$ Thousands)
Petroleum oils, etc, ...294,099.11
Other medicaments of ...52,009.60
Automobiles with rec ...29,646.16
Art. of jewellery an ...19,850.99
Diesel powered truck ...18,652.57

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States96 21.04
Bunkers89 19.65
Trinidad and Tobago43 9.47
United Kingdom41 9.06
St. Lucia25 5.44
Exporter Trade (US$ Mil) Partner share(%)
United States642 36.82
Trinidad and Tobago345 19.81
United Kingdom93 5.30
Japan63 3.62
China61 3.50

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials36 7.95 109 6.23 ...
Intermediate goods55 12.21 247 14.14 ...
Consumer goods326 71.75 1,066 61.10 ...
Capital goods34 7.52 314 18.03 ...

Trade Indicators

more »
HH Market concentration index: 0.17
Index of export market penetration: 2.02
World Growth: 7.47
Country Growth: 10.06

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$ Mil): 4,595
GNI per capita, Atlas method (current US$): 16,090.00
Trade Balance (% of GDP): -7.47
Trade Balance (current US$ Mil): -343.00
Trade in services (% of GDP): 56.15
Trade (% of GDP): 98.45