Barbados Trade Summary

2010 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: 1,757
No. Of partners: 133
Importsmore »
Imports (in US$ Mil): 1,196
No. Of products: 3,764
No. Of partners: 162

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Other medicaments of ...58,356.51
Rum and tafia33,984.65
Portland cement (exc ...12,409.47
Printed paper or pap ...10,031.34
Raw cane sugar, in s ...9,646.67
Imports (US$ Thousands)
Other medicaments of ...54,705.04
Automobiles with rec ...23,126.24
Other food preparati ...15,874.87
Automobiles with rec ...11,740.54
Diesel powered truck ...11,532.54

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States78 24.92
United Kingdom53 16.78
Trinidad and Tobago26 8.44
St. Lucia18 5.79
Jamaica18 5.64
Exporter Trade (US$ Mil) Partner share(%)
United States526 43.95
Trinidad and Tobago86 7.18
United Kingdom64 5.37
China58 4.83
Canada53 4.40

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials8 2.65 96 8.02 16.62
Intermediate goods54 17.17 183 15.32 8.81
Consumer goods217 69.05 672 56.18 20.33
Capital goods32 10.10 239 20.01 7.99

Trade Indicators

more »
HH Market concentration index: 0.47
Index of export market penetration: 2.02
World Growth: 10.04
Country Growth: 3.88

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 997.16
Simple Average (%): 13.80
Weighted Average (%): 15.77
Duty Free Imports (US$ Thousand): 82,347.68
Duty Free Tariff Lines Share (%): 4.58

Development Indicators

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GDP (current US$): 4,530
GNI per capita, Atlas method (current US$): 15,960.00
Trade Balance (% of GDP): -9.07
Trade Balance (current US$ Mil): -411.00
Trade in services (% of GDP): 44.20
Trade (% of GDP): 86.92