Barbados | Imports and Exports | World | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Barbados totalled $ 186 million in 2023. Sales of commodity group 27 from Barbados decreased by 7.06% in value terms compared to 2022. exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 14.1 million (cumulative exports of commodity group 27 from Barbados amounted $200 million in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 39% of total exports from Barbados (cumulative merchandise exports from Barbados totalled $ 475 million in 2023). The share of commodity group 27 in total exports from Barbados decreased by 1.11 p.p. compared to 2022 (it was 40% in 2022 and cumulative exports from Barbados were equal to $ 497 million).
Where does Barbados export Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes?
Top export destinations of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Barbados in 2023:
- Areas, nes with a share of 80% (150 million US$)
- Jamaica with a share of 5.66% (10.5 million US$)
- USA with a share of 5.42% (10 million US$)
- Trinidad and Tobago with a share of 3.73% (6.93 million US$)
- United Kingdom with a share of 2.54% (4.73 million US$)
- Guyana with a share of 1.64% (3.05 million US$)
- Dominica - 264 thousand US$
- Saint Lucia - 88 thousand US$
- Saint Vincent and the Grenadines - 36 thousand US$
- Antigua and Barbuda - 35 thousand US$
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from Barbados in 2023 represented by the following main commodity groups:
- 88% (165 million US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 5.58% (10.3 million US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 5.3% (9.87 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.247% (460 thousand US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
- 0.142% (264 thousand US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
- 0% (336 US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0% (236 US$): 2711 - Petroleum gases and other gaseous hydrocarbons
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Barbados totalled $ 531 million in 2023. Sales of commodity group 27 to Barbados decreased by 5.4% in value terms compared to 2022. imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 30 million (the value of imports of commodity group 27 to Barbados was equal to $561 million in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 24% of total import flow to Barbados (in 2023, total imports to Barbados amounted to $ 2.14 billion). The share of commodity group 27 in total imports to Barbados decreased by 1.31 p.p. compared to 2022 (it was 26% in 2022 and cumulative imports to Barbados were equal to $ 2.15 billion).
Where does Barbados import Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes from?
Top trading partners (import of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes") of Barbados in 2023:
- Trinidad and Tobago with a share of 66% (351 million US$)
- Netherlands with a share of 19.8% (105 million US$)
- USA with a share of 5.87% (31 million US$)
- Jamaica with a share of 4.22% (22 million US$)
- Cayman Islands with a share of 2.84% (15.1 million US$)
- Suriname - 2.75 million US$
- Japan - 605 thousand US$
- Dominica - 524 thousand US$
- Switzerland - 516 thousand US$
- Germany - 434 thousand US$
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to Barbados in 2023 represented by the following main commodity groups:
- 96% (513 million US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 3.25% (17.3 million US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 0.07% (376 thousand US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
- 0.041% (222 thousand US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
- 0.036% (193 thousand US$): 2703 - Peat (including peat litter), whether or not agglomerated.
- 0.022% (120 thousand US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.016% (89 thousand US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.013% (69 thousand US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.001% (10.5 thousand US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0% (488 US$): 2706 - Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars
