Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Barbados | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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2022
TOTAL. ALL COMMODITIESBarbadosWorldExportsValue (US$)508,446,402.00566,438,951.00467,423,520.00480,753,438.00482,751,934.00516,825,882.00485,387,947.50457,709,750.50444,085,369.00345,206,217.00350,172,911.00497,818,698.00
Value Growth, YoY (%)62.0811.40-17.482.850.417.05-6.08-5.70-2.97-22.261.4342.16
ImportsValue (US$)1,775,403,402.001,767,767,063.001,768,742,476.001,740,471,483.001,617,853,172.001,621,269,759.001,599,597,494.501,599,911,169.001,580,842,477.001,500,813,628.501,673,255,487.502,151,007,541.50
Value Growth, YoY (%)48.41-0.430.05-1.59-7.040.21-1.330.01-1.19-5.0611.4828.55

The value of merchandise exports from Barbados totalled $ 497 million in 2022. Merchandise exports from Barbados increased by 42% compared to 2021. Goods exports grew up by $ 147 million in 2022 (the value of merchandise exports from Barbados amounted to $350 million in 2021)

Barbados's exports 2022 by country

Top export destinations of commodities from Barbados in 2022:

  • Areas, nes with a share of 35% (175 million US$)
  • USA with a share of 17% (84 million US$)
  • Jamaica with a share of 7.26% (36 million US$)
  • Trinidad and Tobago with a share of 6.61% (32 million US$)
  • Guyana with a share of 5.69% (28 million US$)
  • Saint Lucia with a share of 4.19% (20 million US$)
  • Canada with a share of 3.33% (16.6 million US$)
  • Saint Vincent and the Grenadines with a share of 2.84% (14.1 million US$)
  • Grenada with a share of 2.29% (11.4 million US$)
  • Antigua and Barbuda with a share of 2.13% (10.6 million US$)

Exports structure from Barbados in 2022 represented by the following main commodity groups:

  • 40% (200 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 12.7% (63 million US$): 22 - Beverages, spirits and vinegar
  • 5.05% (25 million US$): 30 - Pharmaceutical products
  • 3.64% (18.1 million US$): 48 - Paper and paperboard; articles of paper pulp, of paper or of paperboard
  • 2.94% (14.6 million US$): 15 - Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes
  • 2.92% (14.5 million US$): 19 - Preparations of cereals, flour, starch or milk; bakers' wares
  • 2.65% (13.2 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 2.64% (13.1 million US$): 38 - Miscellaneous chemical products
  • 2.63% (13 million US$): 25 - Salt; sulfur; earths and stone; plastering materials, lime and cement
  • 2.62% (13 million US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin

What did Barbados export in 2022?

Barbados's Top Exports in 2022:

  • 35% ($175 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% ($55 million): 2208 - Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages
  • 4.75% ($23 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
  • 2.83% ($14.1 million): 4821 - Paper or paperboard lables of all kinds, whether or not printed
  • 2.82% ($14 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
  • 2.68% ($13.3 million): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 2.47% ($12.3 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)
  • 2.47% ($12.3 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
  • 2.43% ($12.1 million): 2523 - Portland cement, aluminous cement, slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers
  • 2.3% ($11.4 million): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal

The value of merchandise imports to Barbados totalled $ 2.15 billion in 2022. Merchandise imports to Barbados increased by 28% compared to 2021. Goods imports grew up by $ 477 million in 2022 (the value of merchandise imports to Barbados was equal to $1.67 billion in 2021)

Barbados's imports 2022 by country

Top trading partners (import sources) of Barbados in 2022:

  • USA with a share of 40% (865 million US$)
  • Trinidad and Tobago with a share of 19.1% (411 million US$)
  • Netherlands with a share of 4.58% (98 million US$)
  • United Kingdom with a share of 4.53% (97 million US$)
  • China with a share of 4.41% (94 million US$)
  • Canada with a share of 2.14% (46 million US$)
  • Panama with a share of 2.08% (44 million US$)
  • Japan with a share of 1.91% (41 million US$)
  • Jamaica with a share of 1.74% (37 million US$)
  • The Bahamas with a share of 1.56% (33 million US$)

Imports structure to Barbados in 2022 represented by the following main commodity groups:

  • 26% (561 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 7.79% (167 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 6.35% (136 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 4.27% (91 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.26% (91 million US$): 39 - Plastics and articles thereof
  • 2.55% (54 million US$): 22 - Beverages, spirits and vinegar
  • 2.29% (49 million US$): 48 - Paper and paperboard; articles of paper pulp, of paper or of paperboard
  • 2.23% (48 million US$): 73 - Articles of iron or steel
  • 2.23% (48 million US$): 30 - Pharmaceutical products
  • 2.18% (46 million US$): 21 - Miscellaneous edible preparations

What did Barbados import in 2022?

Barbados's Top Imports in 2022:

  • 24% ($535 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
  • 2.08% ($44 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
  • 1.9% ($40 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
  • 1.29% ($27 million): 2106 - Food preparations not elsewhere specified or included
  • 1.17% ($25 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
  • 1.01% ($21 million): 8704 - Motor vehicles for the transport of goods
  • 0.957% ($20 million): 3923 - Articles for the conveyance or packing of goods, of plastics; stoppers, lids, caps and other closures, of plastics
  • 0.912% ($19.6 million): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 0.89% ($19.1 million): 0406 - Cheese and curd
  • 0.884% ($19 million): 9403 - Other furniture and parts thereof

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Barbados | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2022