Loading..

Barbados Trade Summary

2013

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

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2013

Overall Exports and Imports for Barbados 2013

Exports and imports of Barbados in 2013 are below, along with number of countries and products

  • The total value of exports (FoB) was 467 million.
  • The total value of imports (CIF) was 1,769 million.
  • At the HS6 digit level, 1,680 products were exported to 128 countries and 3,787 products were imported from 175 countries.

Barbados top 5 Export and Import partners 2013

Top five countries to which Barbados exported in 2013 are below, along with the percent of total exports that went to that country:

  1. Barbados exports to Unspecified worth US$ 128 million, with a partner share of 27.37 percent.
  2. Barbados exports to United States worth US$ 85 million, with a partner share of 18.17 percent.
  3. Barbados exports to Trinidad and Tobago worth US$ 54 million, with a partner share of 11.54 percent.
  4. Barbados exports to Guyana worth US$ 21 million, with a partner share of 4.59 percent.
  5. Barbados exports to Jamaica worth US$ 21 million, with a partner share of 4.43 percent.

Top five countries from which Barbados imported goods in 2013 are below, along with percent of total imports that came from the country :

  1. Barbados imports from United States worth US$ 584 million, with a partner share of 33.03 percent.
  2. Barbados imports from Trinidad and Tobago worth US$ 464 million, with a partner share of 26.23 percent.
  3. Barbados imports from Suriname worth US$ 87 million, with a partner share of 4.92 percent.
  4. Barbados imports from China worth US$ 78 million, with a partner share of 4.43 percent.
  5. Barbados imports from United Kingdom worth US$ 72 million, with a partner share of 4.05 percent.

Barbados Top 5 Productsexports imports at HS 6 digit level 2013

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$ 128,065.43 million.
  2. Barbados exported Rum and tafia , worth US$ 43,143.72 million.
  3. Barbados exported Other medicaments of mixed or unmixed products, , worth US$ 40,756.77 million.
  4. Barbados exported Petroleum oils and oils obtained from bituminou , worth US$ 24,296.36 million.
  5. Barbados exported Portland cement (excl. white) , worth US$ 19,859.38 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$ 462,943.64 million.
  2. Barbados imported Other medicaments of mixed or unmixed products, , worth US$ 51,685.30 million.
  3. Barbados imported Automobiles with reciprocating piston engine di , worth US$ 19,525.82 million.
  4. Barbados imported Other food preparations, nes , worth US$ 17,701.66 million.
  5. Barbados imported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 14,834.83 million.

Exports and Imports of Product Groups 2013

Exports and imports of products by stages of processing in 2013 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2013

Tariffs imposed by Barbados in 2013 are below

  • The maximum rate of tariff in percentage on any product was 845.23 percent.
  • The simple average tariff across all products was 12.55 percent.
  • The trade weighted average tariff was 14.21 .
  • The total duty free imports in thousands of US dollars were 149,661.19 and duty free tariff line items share was 23.65 percent.

Development Indicators 2013

Key Development Indicators of Barbados in 2013 are below

  • Barbados GDP in current US dollar was 4,677 million.
  • GNI per capita, Atlas method (current US$) was 15,660.00 .
  • Barbados Trade balance: as % of GDP was -3.92.
  • Trade balance in current US$ was -183.00 million.
  • Trade as percentage of GDP was 87.88 .
  • Trade in services as percentage of GDP was 47.12 .

Trade Indicators 2013

Trade Indicators for Barbados in 2013 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 1.97.
  • World Growth in percentage was 1.15 and Barbados Country Growth was -19.93 .