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Barbados – Trade Statistics

  • Barbados is the 164th largest export economy in the world. In 2014, Barbados exported $569M and imported $1.87B, resulting in a negative trade balance of $1.3B. In 2014 the GDP of Barbados was $4.35B and its GDP per capita was $16.1k.
  • The top exports of Barbados are Refined Petroleum ($94.6M), Passenger and Cargo Ships ($69.5M), Hard Liquor ($46.4M), Packaged Medicaments ($43.7M) and Cement ($28M), using the 1992 revision of the HS (Harmonized System) classification.
  • Its top imports are Refined Petroleum ($440M), Packaged Medicaments ($61.9M), Passenger and Cargo Ships ($44.7M), Cars ($41.9M) and Railway Cargo Containers ($36.2M).
  • The top export destinations of Barbados are the Bahamas ($94.2M), the United States ($79.2M), Poland ($69.5M), Trinidad and Tobago ($59.2M) and Guyana ($29.4M).
  • The top import origins are the United States ($602M), Trinidad and Tobago ($346M), China ($127M), Canada ($77.4M) and the United Kingdom ($71M).
  • Barbados holds a place of 119th out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Laos has decreased it’s ranking from 118 to 126 and country has also decreased it’s ranking from 95 to 100 in case of ‘Starting a Business’.