Barbados | Imports and Exports | World | Sugars and sugar confectionery | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 17. Sugars and sugar confectionery | Barbados | World | Exports | Value (US$) | 11,392,257.00 | 8,182,918.00 | 9,046,151.00 | 3,795,594.00 | 3,709,047.00 | 7,273,377.50 | 575,714.50 | 527,510.00 | 578,990.50 | 1,043,335.50 | 1,124,919.00 | 3,048,016.00 |
| Value Growth, YoY (%) | 5.92 | -28.17 | 10.54 | -58.04 | -2.28 | 96.09 | -92.08 | -8.37 | 9.75 | 80.19 | 7.81 | 170.95 | ||||
| Imports | Value (US$) | 23,398,712.00 | 22,869,333.00 | 21,162,858.00 | 17,113,146.00 | 18,402,929.00 | 21,356,240.00 | 18,811,322.50 | 17,554,253.00 | 21,570,740.50 | 21,758,258.00 | 18,100,552.00 | 23,932,812.00 | |||
| Value Growth, YoY (%) | 10.15 | -2.26 | -7.46 | -19.13 | 7.53 | 16.04 | -11.91 | -6.68 | 22.88 | 0.86 | -16.81 | 32.22 |
The value of exports of commodity group 17 "Sugars and sugar confectionery" from Barbados totalled $ 3.04 million in 2023. Sales of commodity group 17 from Barbados went up by 170% compared to 2022: exports of commodity group 17 "Sugars and sugar confectionery" went up by $ 1.92 million (cumulative exports of commodity group 17 from Barbados amounted $1.12 million in 2022)
Exports of commodity group 17 "Sugars and sugar confectionery" amounted to 0.64% of total exports from Barbados (cumulative merchandise exports from Barbados totalled $ 475 million in 2023). The share of commodity group 17 in total exports from Barbados increased by 0.414 p.p. compared to 2022 (it was 0.225% in 2022 and cumulative exports from Barbados were equal to $ 497 million).
Where does Barbados export Sugars and sugar confectionery?
Top export destinations of "Sugars and sugar confectionery" from Barbados in 2023:
- Trinidad and Tobago with a share of 78% (2.4 million US$)
- USA with a share of 11% (335 thousand US$)
- Antigua and Barbuda with a share of 5.1% (155 thousand US$)
- Grenada with a share of 3% (91 thousand US$)
- United Kingdom with a share of 1.74% (53 thousand US$)
- Anguilla - 9.58 thousand US$
- British Virgin Islands - 1.1 thousand US$
- Saint Kitts and Nevis - 407 US$
- Saint Lucia - 225 US$
- France - 200 US$
Exports structure of 17 - Sugars and sugar confectionery - from Barbados in 2023 represented by the following main commodity groups:
- 92% (2.82 million US$): 1701 - Cane or beet sugar and chemically pure sucrose, in solid form
- 6.96% (212 thousand US$): 1704 - Sugar confectionery (including white chocolate), not containing cocoa
- 0.156% (4.75 thousand US$): 1703 - Molasses resulting from the extraction or refining of sugar
- 0.063% (1.92 thousand US$): 1702 - Other sugars, including chemically pure lactose, maltose, glucose and fructose, in solid form; sugar syrups not containing added flavouring or colouring matter; artificial honey, whether or not mixed with natural honey; caramel
The value of imports of commodity group 17 "Sugars and sugar confectionery" to Barbados totalled $ 23 million in 2023. Sales of commodity group 17 to Barbados went up by 32% compared to 2022: imports of commodity group 17 "Sugars and sugar confectionery" went up by $ 5.83 million (the value of imports of commodity group 17 to Barbados was equal to $18.1 million in 2022)
Imports of commodity group 17 "Sugars and sugar confectionery" accounted for 1.11% of total import flow to Barbados (in 2023, total imports to Barbados amounted to $ 2.14 billion). The share of commodity group 17 in total imports to Barbados increased by 0.275 p.p. compared to 2022 (it was 0.841% in 2022 and cumulative imports to Barbados were equal to $ 2.15 billion).
Where does Barbados import Sugars and sugar confectionery from?
Top trading partners (import of "Sugars and sugar confectionery") of Barbados in 2023:
- Mexico with a share of 36% (8.63 million US$)
- USA with a share of 19% (4.55 million US$)
- United Kingdom with a share of 16% (3.83 million US$)
- British Virgin Islands with a share of 14.3% (3.44 million US$)
- Trinidad and Tobago with a share of 6.12% (1.46 million US$)
- Spain with a share of 1.74% (417 thousand US$)
- Chile with a share of 1.27% (304 thousand US$)
- Colombia - 230 thousand US$
- Dominican Republic - 182 thousand US$
- Netherlands - 143 thousand US$
Imports structure of 17 - Sugars and sugar confectionery - to Barbados in 2023 represented by the following main commodity groups:
- 55% (13.2 million US$): 1703 - Molasses resulting from the extraction or refining of sugar
- 25% (6.13 million US$): 1701 - Cane or beet sugar and chemically pure sucrose, in solid form
- 14.5% (3.48 million US$): 1704 - Sugar confectionery (including white chocolate), not containing cocoa
- 4.3% (1.03 million US$): 1702 - Other sugars, including chemically pure lactose, maltose, glucose and fructose, in solid form; sugar syrups not containing added flavouring or colouring matter; artificial honey, whether or not mixed with natural honey; caramel
