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Barbados Trade at a Glance : Most Recent Values

Latest trade data available from various sources.
Barbados monthly trade data
Barbados quarterly trade data

Please note: The data from various sources are not from the same year.

Year

Barbados exports, imports, trade and tariff indicators 2023

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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Barbados Trade

Overall Exports and Imports for Barbados 2024

The total value of exports (FOB) is US$ 494 million.
The total value of imports (CIF) is US$ 2,165 million.
The total trade was US$ 2,659 million.
The trade balance was US$ -1,671 million.

China Monthly Exports and imports, in Nov 2024

The total value of exports (FOB) is US$ 39,226 K.
The total value of imports (CIF) is US$ 173,805 K.
The total trade was US$ 213,031 K.
The trade balance was US$ -134,579 K.

Barbados Trade Indicators 2023

Hirschman Herfindahl Market concentration index is 0.11.
Index of export market penetration is 0.11.
World Growth in percentage is 0.11 and Barbados Country Growth is 3.90.

Barbados Service Trade data from WDI

Barbados, Service imports (BoP, current US$) is not available.
Barbados, Service exports (BoP, current US$) is not available.
Barbados, Imports of goods and services as percentage of GDP is not available.
Barbados, Exports of goods and services as percentage of GDP is not available.

Tariff and Trade Barriers

Tariffs 2022

Tariffs imposed by Barbados in 2022 are below.

The maximum rate of tariff in percentage on any product is 216.
The simple average tariff across all products is 11.87.
The trade weighted average tariff is 14.58.
The total duty free imports in thousands of US dollars are 308,299.20 and duty free tariff line items share is 27.91.

Barbados Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 9,072 million.
FDI Inward stock flow (in US$ Mil) was US$ 303 million.
FDI Outward stock (in US$ Mil) was US$ 3,885 million.
FDI Outward stock flow (in US$ Mil) was US$ 19 million.

Non-Tariff Measures (NTM)

No Of NTM Measures is not available.
No Of NTM Affected Products (HS 6 Digit) is not available.

Barbados World Development Indicators (WDI) 2023

Key Development Indicators of Barbados in 2023 are below

The population of Barbados is 286,641.
GDP in US$ is 6,721 million .
GNI per capita, Atlas method in current US dollars is 22,870.00.
Trade balance in US$ is not available.
Trade in services as percentage of GDP is not available.

WDI

Barbados Global Value Chain (GVC) 2015

GVC related output as percentage of output was not available.
GVC related trade as percentage of trade was 27 %.

GVC

Barbados Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index (Over All) for Barbados is not available.

SPRD