Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Barbados | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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2012
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2023
TOTAL. ALL COMMODITIESBarbadosWorldExportsValue (US$)566,438,951.00467,423,520.00480,753,438.00482,751,934.00516,825,882.00485,387,947.50457,709,750.50444,085,369.00345,206,217.00350,172,911.00497,818,698.00475,842,549.00
Value Growth, YoY (%)11.40-17.482.850.417.05-6.08-5.70-2.97-22.261.4342.16-4.41
ImportsValue (US$)1,767,767,063.001,768,742,476.001,740,471,483.001,617,853,172.001,621,269,759.001,599,597,494.501,599,911,169.001,580,842,477.001,500,813,628.501,673,255,487.502,151,007,541.502,142,606,689.00
Value Growth, YoY (%)-0.430.05-1.59-7.040.21-1.330.01-1.19-5.0611.4828.55-0.39

The value of merchandise exports from Barbados totalled $ 475 million in 2023. Overall commodity exports from Barbados decreased by 4.41% compared to 2022. Merchandise exports decreased by $ 21 million (the value of merchandise exports from Barbados amounted to $497 million in 2022)

Barbados's exports 2023 by country

Top export destinations of commodities from Barbados in 2023:

  • Areas, nes with a share of 31% (150 million US$)
  • USA with a share of 18.5% (88 million US$)
  • Jamaica with a share of 7.21% (34 million US$)
  • Trinidad and Tobago with a share of 7.13% (33 million US$)
  • Guyana with a share of 5.51% (26 million US$)
  • Saint Lucia with a share of 4.1% (19.5 million US$)
  • Canada with a share of 4.01% (19 million US$)
  • Saint Vincent and the Grenadines with a share of 2.7% (12.8 million US$)
  • United Kingdom with a share of 2.29% (10.9 million US$)
  • Grenada with a share of 2.24% (10.6 million US$)

Exports structure from Barbados in 2023 represented by the following main commodity groups:

  • 39% (186 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 13.7% (65 million US$): 22 - Beverages, spirits and vinegar
  • 6.23% (29 million US$): 30 - Pharmaceutical products
  • 3.62% (17.2 million US$): 48 - Paper and paperboard; articles of paper pulp, of paper or of paperboard
  • 3.6% (17.1 million US$): 15 - Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes
  • 3.28% (15.6 million US$): 19 - Preparations of cereals, flour, starch or milk; bakers' wares
  • 3.21% (15.2 million US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 2.32% (11 million US$): 38 - Miscellaneous chemical products
  • 2.05% (9.79 million US$): 72 - Iron and steel
  • 1.77% (8.43 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

What did Barbados export in 2023?

Barbados's Top Exports in 2023:

  • 34% ($165 million): 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
  • 11.9% ($56 million): 2208 - Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages
  • 5.9% ($28 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 3.17% ($15.1 million): 1905 - Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
  • 3.13% ($14.9 million): 1517 - Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16
  • 2.69% ($12.8 million): 4821 - Paper or paperboard lables of all kinds, whether or not printed
  • 2.47% ($11.7 million): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
  • 2.18% ($10.3 million): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 2.17% ($10.3 million): 3808 - Insecticides, rodenticides, fungicides, herbicides, anti-sprouting products and plant-growth regulators, disinfectants and similar products, put up in forms or packings for retail sale or as preparations or articles (for example, sulphur-treated bands, wicks and candles, and fly-papers)
  • 2.07% ($9.87 million): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals

The value of merchandise imports to Barbados totalled $ 2.14 billion in 2023. Overall commodity imports to Barbados decreased by 0.39% compared to 2022. Merchandise imports decreased by $ 8.4 million (the value of merchandise imports to Barbados was equal to $2.15 billion in 2022)

Barbados's imports 2023 by country

Top trading partners (import sources) of Barbados in 2023:

  • USA with a share of 37% (813 million US$)
  • Trinidad and Tobago with a share of 21% (460 million US$)
  • Netherlands with a share of 6.53% (140 million US$)
  • United Kingdom with a share of 4.83% (103 million US$)
  • China with a share of 3.54% (75 million US$)
  • Japan with a share of 2.59% (55 million US$)
  • Panama with a share of 2.25% (48 million US$)
  • Jamaica with a share of 2.04% (43 million US$)
  • Canada with a share of 1.97% (42 million US$)
  • Spain with a share of 1.13% (24 million US$)

Imports structure to Barbados in 2023 represented by the following main commodity groups:

  • 24% (531 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 9.69% (207 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 6.26% (134 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 6.03% (129 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 3.21% (68 million US$): 39 - Plastics and articles thereof
  • 2.52% (54 million US$): 22 - Beverages, spirits and vinegar
  • 2.5% (53 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 2.24% (48 million US$): 21 - Miscellaneous edible preparations
  • 2.19% (47 million US$): 48 - Paper and paperboard; articles of paper pulp, of paper or of paperboard
  • 2.14% (45 million US$): 30 - Pharmaceutical products

What did Barbados import in 2023?

Barbados's Top Imports in 2023:

  • 23% ($513 million): 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
  • 3.67% ($78 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 1.95% ($41 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 1.36% ($29 million): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 1.3% ($27 million): 2106 - Food preparations not elsewhere specified or included
  • 1.12% ($24 million): 9403 - Other furniture and parts thereof
  • 0.971% ($20 million): 3923 - Articles for the conveyance or packing of goods, of plastics; stoppers, lids, caps and other closures, of plastics
  • 0.88% ($18.8 million): 8704 - Motor vehicles for the transport of goods
  • 0.83% ($17.7 million): 8479 - Machines and mechanical appliances having individual functions, not specified or included elsewhere in this Chapter
  • 0.829% ($17.7 million): 0406 - Cheese and curd

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Barbados | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023