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Barbados Trade Summary

2011

Barbados exports, imports, tariff by year.
Barbados monthly trade data
Barbados quarterly trade data

Country and 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


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TRADE SUMMARY FOR BARBADOS 2011

Overall Exports and Imports for Barbados 2011

Exports and imports of Barbados in 2011 are below, along with number of countries and products

  • The total value of exports (FoB) was 508 million.
  • The total value of imports (CIF) was 1,775 million.
  • At the HS6 digit level, 1,643 products were exported to 133 countries and 3,768 products were imported from 170 countries.

Barbados top 5 Export and Import partners 2011

Top five countries to which Barbados exported in 2011 are below, along with the percent of total exports that went to that country:

  1. Barbados exports to Bunkers worth US$ 131 million, with a partner share of 25.75 percent.
  2. Barbados exports to Trinidad and Tobago worth US$ 86 million, with a partner share of 16.92 percent.
  3. Barbados exports to United States worth US$ 71 million, with a partner share of 13.87 percent.
  4. Barbados exports to United Kingdom worth US$ 55 million, with a partner share of 10.82 percent.
  5. Barbados exports to St. Lucia worth US$ 19 million, with a partner share of 3.73 percent.

Top five countries from which Barbados imported goods in 2011 are below, along with percent of total imports that came from the country :

  1. Barbados imports from United States worth US$ 566 million, with a partner share of 31.87 percent.
  2. Barbados imports from Trinidad and Tobago worth US$ 471 million, with a partner share of 26.53 percent.
  3. Barbados imports from Suriname worth US$ 85 million, with a partner share of 4.76 percent.
  4. Barbados imports from China worth US$ 72 million, with a partner share of 4.08 percent.
  5. Barbados imports from United Kingdom worth US$ 72 million, with a partner share of 4.03 percent.

Barbados Top 5 Productsexports imports at HS 6 digit level 2011

The top five exported HS 6 digit level products to world by Barbados along with trade value are:

  1. Barbados exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 181,912.87 million.
  2. Barbados exported Other medicaments of mixed or unmixed products, , worth US$ 65,733.99 million.
  3. Barbados exported Rum and tafia , worth US$ 35,538.50 million.
  4. Barbados exported Petroleum oils and oils obtained from bituminou , worth US$ 19,618.51 million.
  5. Barbados exported Portland cement (excl. white) , worth US$ 11,368.65 million.

The top five imported HS 6 digit level products from world by Barbados along with trade value are

  1. Barbados imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 453,251.00 million.
  2. Barbados imported Other medicaments of mixed or unmixed products, , worth US$ 52,110.75 million.
  3. Barbados imported Automobiles with reciprocating piston engine di , worth US$ 26,056.57 million.
  4. Barbados imported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 20,295.61 million.
  5. Barbados imported Petroleum oils and oils obtained from bituminou , worth US$ 17,122.66 million.

Exports and Imports of Product Groups 2011

Exports and imports of products by stages of processing in 2011 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2011

Tariffs imposed by Barbados in 2011 are below

  • The maximum rate of tariff in percentage on any product was 908.05 percent.
  • The simple average tariff across all products was 13.78 percent.
  • The trade weighted average tariff was 13.15 .
  • The total duty free imports in thousands of US dollars were 89,665.56 and duty free tariff line items share was 4.57 percent.

Development Indicators 2011

Key Development Indicators of Barbados in 2011 are below

  • Barbados GDP in current US dollar was 4,658 million.
  • GNI per capita, Atlas method (current US$) was 15,450.00 .
  • Barbados Trade balance: as % of GDP was -10.73.
  • Trade balance in current US$ was -500.00 million.
  • Trade as percentage of GDP was 86.59 .
  • Trade in services as percentage of GDP was 39.06 .

Trade Indicators 2011

Trade Indicators for Barbados in 2011 are below

  • Hirschman Herfindahl market concentration index was 0.48.
  • Index of export market penetration was 2.02.
  • World Growth in percentage was 9.25 and Barbados Country Growth was 2.92 .