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Barbados: Trade Statistics

Exporter Rank

114 / 127

Importer Rank

114 / 127

Trade Balance Rank

64 / 127

Total Trade [1]

Total Exports (2019) $444,085,369
Total Imports (2019) $1,580,842,477
Trade Balance (2019) ($1,136,757,108)
Exports of goods and services (% of GDP) (2019) [2] 42.01%
Imports of goods and services (% of GDP) (2019) [2] 41.68%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $92,634,813
Jamaica $31,039,034
Guyana $29,943,658
Trinidad and Tobago $28,647,529
Saint Lucia $17,314,704
Canada $15,300,374
Saint Vincent and the Grenadines $13,319,373
Antigua and Barbuda $12,313,693
Grenada $11,163,535
Hong Kong $9,746,429

Import Partners

Top 10 Import Countries

Country Import USD$
United States $594,534,061
Trinidad and Tobago $237,598,389
Netherlands $131,073,952
China $92,096,785
United Kingdom $65,908,837
Japan $39,545,219
Canada $36,987,054
Mexico $28,511,231
Germany $22,251,565
New Zealand $20,892,538

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $127,448,871
(22) Beverages $52,719,710
(30) Pharmaceuticals $27,098,420
(25) Natural Minerals & Stone $25,400,704
(71) Precious Stones & Metals $21,836,891
(90) Precision Instruments $19,523,178
(91) Clocks & Watches $18,711,875
(48) Paper $15,388,343
(15) Fats & Oils $11,909,231
(19) Cereal, Flour & Starch $10,356,470

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $364,112,000
(84) Industrial Machinery $132,470,846
(85) Electrical Machinery $93,660,815
(87) Motor Vehicles & Parts $91,701,603
(39) Plastics $50,561,326
(22) Beverages $46,253,190
(30) Pharmaceuticals $45,476,620
(48) Paper $42,798,367
(21) Prepared Foods $40,597,397
(90) Precision Instruments $33,435,310

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 10/4/2021
Barbados