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Barbados: Trade Statistics

Exporter Rank

126 / 138

Importer Rank

126 / 138

Trade Balance Rank

62 / 138

Total Trade [1]

Total Exports (2021) $350,172,911
Total Imports (2021) $1,673,255,487
Trade Balance (2021) ($1,323,082,576)
Exports of goods and services (% of GDP) (2021) [2] 30.37%
Imports of goods and services (% of GDP) (2021) [2] 40.47%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $67,365,663
Jamaica $27,040,035
Guyana $26,268,741
Trinidad and Tobago $25,663,099
Saint Lucia $17,392,724
Canada $12,256,085
France $11,696,977
Antigua and Barbuda $10,660,113
Saint Vincent and the Grenadines $10,407,427
Grenada $9,368,848

Import Partners

Top 10 Import Countries

Country Import USD$
United States $787,137,035
Trinidad and Tobago $208,979,642
United Kingdom $73,955,181
China $67,245,566
Netherlands $54,060,409
Canada $43,380,653
Panama $38,654,933
Antigua and Barbuda $38,097,266
Japan $36,787,309
Jamaica $23,871,653

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $83,506,293
(22) Beverages $59,008,760
(30) Pharmaceuticals $24,562,321
(48) Paper $18,018,417
(25) Natural Minerals & Stone $14,057,793
(15) Fats & Oils $13,908,174
(38) Chemical Products $13,747,282
(90) Precision Instruments $11,354,804
(19) Cereal, Flour & Starch $11,275,364
(71) Precious Stones & Metals $9,982,587

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $343,312,612
(84) Industrial Machinery $172,582,859
(85) Electrical Machinery $114,062,872
(87) Motor Vehicles & Parts $82,675,539
(39) Plastics $69,218,962
(30) Pharmaceuticals $47,094,986
(21) Prepared Foods $44,294,629
(22) Beverages $39,676,807
(94) Furniture $37,281,995
(48) Paper $35,696,534

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
Barbados