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Barbados: Trade Statistics

Exporter Rank

108 / 121

Importer Rank

106 / 121

Trade Balance Rank

58 / 121

Total Trade [1]

Total Exports (2017) $485,387,947
Total Imports (2017) $1,599,597,494
Trade Balance (2017) ($1,114,209,547)
Exports of goods and services (% of GDP) (2017) [2] 37%
Imports of goods and services (% of GDP) (2017) [2] 43.71%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $125,437,077
Trinidad and Tobago $36,518,833
Jamaica $28,436,686
Guyana $23,930,051
Saint Lucia $18,206,029
United Kingdom $15,908,227
Saint Vincent and the Grenadines $12,583,207
Antigua and Barbuda $11,992,532
France $11,975,662
Grenada $10,463,623

Import Partners

Top 10 Import Countries

Country Import USD$
United States $632,555,056
Trinidad and Tobago $268,336,201
China $92,515,314
United Kingdom $63,998,880
Japan $45,357,708
Canada $37,927,396
Bahamas $33,200,940
France $30,528,506
Mexico $26,743,732
Thailand $26,520,065

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $107,907,648
(22) Beverages $59,826,103
(30) Pharmaceuticals $35,482,395
(90) Precision Instruments $25,937,628
(71) Precious Stones & Metals $23,941,637
(33) Cosmetics $17,586,762
(25) Natural Minerals & Stone $16,596,604
(85) Electrical Machinery $14,589,173
(48) Paper $14,466,747
(15) Fats & Oils $11,946,641

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $313,724,370
(84) Industrial Machinery $136,706,243
(85) Electrical Machinery $97,972,748
(87) Motor Vehicles & Parts $97,066,275
(39) Plastics $52,865,319
(30) Pharmaceuticals $51,318,828
(22) Beverages $47,363,730
(94) Furniture $42,919,476
(48) Paper $39,322,921
(21) Prepared Foods $37,156,768

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 9/22/2018
Barbados