Overall Exports and Imports for Barbados 2021
- The total value of exports (FOB) is US$ 350 million.
- The total value of imports (CIF) is US$ 1,673 million.
- At the HS6 digit level, 1,433 products are exported to 108 countries and 3,547 products are imported from 142 countries.
Top 5 Products exports imports at HS 6 digit level 2021
The top five exported HS 6 digit level products to world by Barbados along with trade value are:
- Barbados exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 73,080.37 million.
- Barbados exported Rum and tafia , worth US$ 42,314.49 million.
- Barbados exported Other medicaments of mixed or unmixed products, , worth US$ 18,829.76 million.
- Barbados exported Portland cement (excl. white) , worth US$ 13,448.03 million.
- Barbados exported Printed paper or paperboard labels of all kinds , worth US$ 12,799.58 million.
The top five imported HS 6 digit level products from world by Barbados along with trade value are
- Barbados imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 322,512.17 million.
- Barbados imported Other medicaments of mixed or unmixed products, , worth US$ 33,039.11 million.
- Barbados imported Other food preparations, nes , worth US$ 27,279.09 million.
- Barbados imported Storage units, whether or not presented with th , worth US$ 25,004.28 million.
- Barbados imported Composite diagnostic or laboratory reagents, ne , worth US$ 17,412.77 million.
Barbados top 5 Export and Import partners 2021
The top five countries to which Barbados exported 2021 along with the partner share in percentage are:
- Barbados exports to Unspecified worth US$ 73 million, with a partner share of 20.87 percent.
- Barbados exports to United States worth US$ 67 million, with a partner share of 19.24 percent.
- Barbados exports to Jamaica worth US$ 27 million, with a partner share of 7.72 percent.
- Barbados exports to Guyana worth US$ 26 million, with a partner share of 7.50 percent.
- Barbados exports to Trinidad and Tobago worth US$ 26 million, with a partner share of 7.33 percent.
The top five countries to which Barbados imported goods 2021 along with the share in percentage are
- Barbados imports from United States worth US$ 787 million, with a partner share of 47.04 percent.
- Barbados imports from Trinidad and Tobago worth US$ 209 million, with a partner share of 12.49 percent.
- Barbados imports from United Kingdom worth US$ 74 million, with a partner share of 4.42 percent.
- Barbados imports from China worth US$ 67 million, with a partner share of 4.02 percent.
- Barbados imports from Netherlands worth US$ 54 million, with a partner share of 3.23 percent.
Barbados Exports and Imports of Product Groups 2021
Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import.
- Barbados Raw materials exports are worth US$ 16 million, product share of 4.48%.
- Barbados Raw materials imports are worth US$ 132 million, product share of 7.89%.
- Barbados Intermediate goods exports are worth US$ 50 million, product share of 14.39%.
- Barbados Intermediate goods imports are worth US$ 204 million, product share of 12.18%.
- Barbados Consumer goods exports are worth US$ 255 million, product share of 72.87%.
- Barbados Consumer goods imports are worth US$ 992 million, product share of 59.27%.
- Barbados Capital goods exports are worth US$ 27 million, product share of 7.57%.
- Barbados Capital goods imports are worth US$ 337 million, product share of 20.14%.
Barbados Trade Indicators 2021
- Hirschman Herfindahl Market concentration index is 0.08.
- Index of export market penetration is 0.08.
- World Growth in percentage is 0.08 and Barbados Country Growth is 2.47.
Barbados Service Trade data from WDI 2021
- 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 40.47 %.
- Barbados, Exports of goods and services as percentage of GDP is 30.37 %.