Barbados Trade Summary

2012 Data

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

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): 566
No. Of products: 1,756
No. Of partners: 125
Importsmore »
Imports (in US$ Mil): 1,768
No. Of products: 3,764
No. Of partners: 164

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...137,156.95
Other medicaments of ...63,048.53
Rum and tafia41,545.41
Art. of jewellery an ...34,269.64
Petroleum oils and o ...31,978.64
Imports (US$ Thousands)
Petroleum oils, etc, ...533,918.80
Other medicaments of ...50,189.37
Automobiles with rec ...20,378.32
Other food preparati ...16,686.46
Art. of jewellery an ...16,359.53

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States149 26.32
Unspecified137 24.12
Trinidad and Tobago65 11.47
United Kingdom31 5.52
Jamaica20 3.46
Exporter Trade (US$ Mil) Partner share(%)
United States549 31.03
Trinidad and Tobago511 28.90
Suriname110 6.21
China74 4.21
United Kingdom66 3.75

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials40 7.00 109 6.17 7.84
Intermediate goods51 9.03 185 10.49 7.46
Consumer goods426 75.29 1,230 69.57 10.12
Capital goods46 8.14 238 13.45 7.69

Trade Indicators

more »
HH Market concentration index: 0.26
Index of export market penetration: 1.93
World Growth: 0.03
Country Growth: -24.39

Tariffs

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No Of Tariff Agreement: 2
Maximum Rate (%): 871.30
Simple Average (%): 12.04
Weighted Average (%): 8.42
Duty Free Imports (US$ Thousand): 134,996.09
Duty Free Tariff Lines Share (%): 14.13

Development Indicators

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GDP (current US$): 4,332
GNI per capita, Atlas method (current US$): 15,280.00
Trade Balance (% of GDP): -10.93
Trade Balance (current US$ Mil): -473.00
Trade in services (% of GDP): 40.57
Trade (% of GDP): 89.52