Overall Exports and Imports for Barbados 2022
- The total value of exports (FOB) is US$ 498 million.
- The total value of imports (CIF) is US$ 2,151 million.
- At the HS6 digit level, 1,396 products are exported to 98 countries and 3,584 products are imported from 138 countries.
Top 5 Products exports imports at HS 6 digit level 2022
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 175,649.53 (US$ Thousands).
- Barbados exported Rum and tafia , worth 43,064.36 (US$ Thousands).
- Barbados exported Other medicaments of mixed or unmixed products, , worth 20,257.41 (US$ Thousands).
- Barbados exported Petroleum oils and oils obtained from bituminou , worth 13,355.33 (US$ Thousands).
- Barbados exported Sweet biscuits; waffles and wafers , worth 12,832.21 (US$ Thousands).
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 535,349.72 (US$ Thousands).
- Barbados imported Other medicaments of mixed or unmixed products, , worth 37,048.44 (US$ Thousands).
- Barbados imported Other food preparations, nes , worth 27,046.20 (US$ Thousands).
- Barbados imported Automobiles nes including gas turbine powered , worth 19,926.68 (US$ Thousands).
- Barbados imported Soya beans , worth 16,689.25 (US$ Thousands).
Barbados top 5 Export and Import partners 2022
The top five countries to which Barbados exported 2022 along with the partner share in percentage are:
- Barbados exports to Unspecified worth US$ 176 million, with a partner share of 35.28 percent.
- Barbados exports to United States worth US$ 85 million, with a partner share of 17.06 percent.
- Barbados exports to Jamaica worth US$ 36 million, with a partner share of 7.26 percent.
- Barbados exports to Trinidad and Tobago worth US$ 33 million, with a partner share of 6.62 percent.
- Barbados exports to Guyana worth US$ 28 million, with a partner share of 5.69 percent.
The top five countries to which Barbados imported goods 2022 along with the share in percentage are
- Barbados imports from United States worth US$ 866 million, with a partner share of 40.26 percent.
- Barbados imports from Trinidad and Tobago worth US$ 412 million, with a partner share of 19.14 percent.
- Barbados imports from Netherlands worth US$ 99 million, with a partner share of 4.58 percent.
- Barbados imports from United Kingdom worth US$ 98 million, with a partner share of 4.54 percent.
- Barbados imports from China worth US$ 95 million, with a partner share of 4.41 percent.
Barbados Exports and Imports of Product Groups 2022
Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import.
- Barbados Raw materials exports are worth US$ 28 million, product share of 5.57%.
- Barbados Raw materials imports are worth US$ 172 million, product share of 7.99%.
- Barbados Intermediate goods exports are worth US$ 60 million, product share of 12.05%.
- Barbados Intermediate goods imports are worth US$ 249 million, product share of 11.60%.
- Barbados Consumer goods exports are worth US$ 376 million, product share of 75.46%.
- Barbados Consumer goods imports are worth US$ 1,376 million, product share of 63.99%.
- Barbados Capital goods exports are worth US$ 32 million, product share of 6.43%.
- Barbados Capital goods imports are worth US$ 342 million, product share of 15.91%.
Barbados Trade Indicators 2022
- 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 2.07.
Barbados Service Trade data from WDI 2022
- 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.