Barbados | Imports and Exports | World | Petroleum oils and oils, other than crude | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 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" from Barbados totalled $ 165 million in 2023. Sales of commodity group 2710 from Barbados decreased by 6.05% in value terms compared to 2022. exports of commodity group 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" decreased by $ 10.6 million (cumulative exports of commodity group 2710 from Barbados amounted $175 million in 2022)
Exports of commodity group 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" amounted to 34% of total exports from Barbados (cumulative merchandise exports from Barbados totalled $ 475 million in 2023). The share of commodity group 2710 in total exports from Barbados decreased by 0.605 p.p. compared to 2022 (it was 35% in 2022 and cumulative exports from Barbados were equal to $ 497 million).
Exports of commodity group 2710 amounted to 88% of total sales of group "" from Barbados in 2023 (the value of exports of commodity group from Barbados amounted to $186 million in 2023). The share of exports of commodity group 2710 in sales of commodity group from Barbados increased by 0.956 p.p. compared to 2022 (it was 87% in 2022, and exports of commodity group from Barbados were $200 million).
Where does Barbados export Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils?
Top export destinations of "Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils" from Barbados in 2023:
- Areas, nes with a share of 91% (150 million US$)
- USA with a share of 6.11% (10 million US$)
- United Kingdom with a share of 2.86% (4.73 million US$)
- Trinidad and Tobago - 1.52 thousand US$
- Saint Vincent and the Grenadines - 1.26 thousand US$
- Greece - 5 US$
- Saint Lucia - 4 US$
Exports structure of 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 - from Barbados in 2023 represented by the following main commodity groups:
- 99% (164 million US$): 271019 - Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations
The value of imports of commodity group 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" to Barbados totalled $ 513 million in 2023. Sales of commodity group 2710 to Barbados decreased by 4.13% in value terms compared to 2022. imports of commodity group 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" decreased by $ 22 million (the value of imports of commodity group 2710 to Barbados was equal to $535 million in 2022)
Imports of commodity group 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" accounted for 23% of total import flow to Barbados (in 2023, total imports to Barbados amounted to $ 2.14 billion). The share of commodity group 2710 in total imports to Barbados decreased by 0.936 p.p. compared to 2022 (it was 24% in 2022 and cumulative imports to Barbados were equal to $ 2.15 billion).
Imports of commodity group 2710 reached 96% of total imports of group "" to Barbados in 2023 (imports of commodity group to Barbados totalled $531 million in 2023). The share of purchases of commodity group 2710 in total imports of commodity group to Barbados increased by 1.27 p.p. compared to 2022 (it was 95% in 2022, and imports of commodity group to Barbados accounted for $561 million).
Where does Barbados import Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils from?
Top trading partners (import of "Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils") of Barbados in 2023:
- Trinidad and Tobago with a share of 67% (347 million US$)
- Netherlands with a share of 20% (105 million US$)
- Jamaica with a share of 4.37% (22 million US$)
- USA with a share of 3.95% (20 million US$)
- Cayman Islands with a share of 2.58% (13.2 million US$)
- Suriname - 2.75 million US$
- Japan - 605 thousand US$
- Germany - 372 thousand US$
- Singapore - 122 thousand US$
- Mexico - 98 thousand US$
Imports structure of 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 - to Barbados in 2023 represented by the following main commodity groups:
- 81% (420 million US$): 271019 - Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations
- 0.038% (199 thousand US$): 271099 - Waste oils of petroleum or obtained from bituminous minerals, not crude other than those cont. polychlorinated biphenyls (PCBs)/polychlorinated terphenyls (PCTs)/polybrominated biphenyls (PBBs)
