Loading..

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
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

Overall Exports and Imports for Barbados 2017

  • The total value of exports (FOB) is US$ 485 million.
  • The total value of imports (CIF) is US$ 1,600 million.
  • At the HS6 digit level, 1,764 products are exported to 141 countries and 3,765 products are imported from 178 countries.

Top 5 Products exports imports at HS 6 digit level 2017

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$ 94,641.16 million.
  • Barbados exported Rum and tafia , worth US$ 42,323.36 million.
  • Barbados exported Other medicaments of mixed or unmixed products, , worth US$ 29,479.10 million.
  • Barbados exported Artificial parts of the body, nes , worth US$ 16,602.02 million.
  • Barbados exported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 16,492.38 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$ 298,909.39 million.
  • Barbados imported Other medicaments of mixed or unmixed products, , worth US$ 39,913.30 million.
  • Barbados imported Automobiles with reciprocating piston engine di , worth US$ 26,643.57 million.
  • Barbados imported Automobiles with reciprocating piston engine di , worth US$ 21,090.33 million.
  • Barbados imported Other food preparations, nes , worth US$ 20,455.23 million.

Barbados top 5 Export and Import partners 2017

The top five countries to which Barbados exported 2017 along with the partner share in percentage are:

  1. Barbados exports to United States worth US$ 125 million, with a partner share of 25.84 percent.
  2. Barbados exports to Unspecified worth US$ 95 million, with a partner share of 19.50 percent.
  3. Barbados exports to Trinidad and Tobago worth US$ 37 million, with a partner share of 7.52 percent.
  4. Barbados exports to Jamaica worth US$ 28 million, with a partner share of 5.86 percent.
  5. Barbados exports to Guyana worth US$ 24 million, with a partner share of 4.93 percent.

The top five countries to which Barbados imported goods 2017 along with the share in percentage are

  1. Barbados imports from United States worth US$ 633 million, with a partner share of 39.54 percent.
  2. Barbados imports from Trinidad and Tobago worth US$ 268 million, with a partner share of 16.78 percent.
  3. Barbados imports from China worth US$ 93 million, with a partner share of 5.78 percent.
  4. Barbados imports from United Kingdom worth US$ 64 million, with a partner share of 4.00 percent.
  5. Barbados imports from Japan worth US$ 45 million, with a partner share of 2.84 percent.

Barbados Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2013

Tariffs imposed by Barbados in 2013 are below.

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

Overall Trade Restrictiveness Index (OTRI)

more »
  • Overall Trade Restrictiveness Index - Applied Tariff for the year is not available.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year is not available.

Non-Tariff Measures (NTM)

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

Temporary Trade Barriers Database (TTDB) .

more »
  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Barbados World Development Indicators (WDI) 2017

Key Development Indicators of Barbados in 2017 are below

WDI

Barbados Doing Business 2018

  • The ease of doing business rank for Barbados is 132.
  • The trade across border rank is 129.
Doing Business

Barbados Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

BarbadosLogistics Performance Index (LPI)

  • The LPI score for Barbados in is not available.
  • The LPI rank is not available.
LPI

Barbados Services Service Policy Restrictive Database (SPRD)

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