Barbados Trade at a Glance : Most Recent Values

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Barbados monthly trade data
Barbados quarterly trade data

Country / Region
Year
For viewing trade, tariff data for country or region by year 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.

TRADE SUMMARY FOR Barbados

2016

Overall Exports and Imports

Exports
Exports (in US$ Mil) 517
No. Of products 1,798
No. Of partners 141
Imports
Imports (in US$ Mil) 1,621
No. Of products 3,786
No. Of partners 175

Trade Indicator

HH Market concentration index0.10
Index of export market penetration1.61
World Growth-4.43
Country Growth-14.29

Service Indicators

Service imports (BoP, current US$)...
Service exports (BoP, current US$)...
Imports of goods and services (% of GDP)...
Exports of goods and services (% of GDP)...

Barbados top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States178 34.44
Unspecified68 13.14
Trinidad and Tobago40 7.73
Guyana23 4.50
China22 4.27
Exporter Trade (US$ Mil) Partner share(%)
United States635 39.15
Trinidad and Tobago218 13.43
China119 7.34
United Kingdom78 4.81
Japan43 2.67

Barbados Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials16 3.16 118 7.26 24.26
Intermediate goods74 14.38 171 10.55 11.95
Consumer goods387 74.85 1,027 63.33 15.96
Capital goods36 6.91 300 18.50 6.07

Top 5 Products exports imports at HS 6 digit level

Exports
Art. of jewellery an ...73,984.40
Petroleum oils, etc, ...67,929.11
Other medicaments of ...39,553.63
Rum and tafia38,901.23
Artificial parts of ...23,050.31
Imports
Petroleum oils, etc, ...239,890.36
Art. of jewellery an ...63,203.54
Other medicaments of ...45,714.27
Automobiles with rec ...26,394.87
Other food preparati ...21,486.01

Tariff and Trade Barriers for Barbados

Tariffs 2013

No. Of Tariff Agreement 3
Simple Average (%) 12.55
Duty Free Imports (US$ Thousand) 149,661.19
Maximum Rate (%) 845.23
Weighted Average (%) 14.21
Duty Free Tariff Lines Share (%) 23.65

Overall Trade Restrictiveness Index (OTRI)

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff...
Overall Trade Restrictiveness Index - Applied Tariff...

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All...

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2016 WDI »
Population284,996
GDP (current US$ Mil)4,588
GNI per capita, Atlas method (current US$)14,830.00
Trade Balance (current US$ Mil)...
Trade Balance (% of GDP)...

Doing Business

2018 Doing Business »
Ease of Doing Business Rank132
Trading Across Borders Rank129

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

LPI »
LPI Score...
LPI Rank...