Barbados (BRB)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Barbados - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | USA (USA) | 20.7% $102.46M | 38.5% $833.66M | 35.2% $936.12M |
| 2 | Trinidad and Tobago (TTO) | 6.0% $29.83M | 21.1% $456.97M | 18.3% $486.81M |
| 3 | Netherlands (NLD) | 0.4% $1.76M | 6.0% $128.85M | 4.9% $130.61M |
| 4 | United Kingdom (GBR) | 5.4% $26.49M | 4.6% $100.59M | 4.8% $127.08M |
| 5 | China (CHN) | 0.6% $2.72M | 4.2% $90.64M | 3.5% $93.36M |
| 6 | Jamaica (JAM) | 6.9% $34.21M | 1.5% $32.60M | 2.5% $66.81M |
| 7 | Canada (CAN) | 4.0% $19.79M | 2.1% $45.42M | 2.5% $65.22M |
| 8 | Japan (JPN) | 0.0% $0 | 2.8% $60.75M | 2.3% $60.75M |
| 9 | Panama (PAN) | 0.3% $1.60M | 2.3% $49.70M | 1.9% $51.30M |
| 10 | France (FRA) | 2.1% $10.37M | 1.0% $21.04M | 1.2% $31.41M |
- Barbados's total trade in 2024 reached $2.7B, comprising $494.0M in exports and $2.2B in imports.
- The country posted a trade balance of -$1.7B in 2024.
- Globally, Barbados ranked 118th in total trade for the year.
- The top export destination was the United States, which received $102.5M (20.7%) of Barbados's exports.
- The United States was also the largest source of imports, accounting for $833.7M (38.5%) of the total.
- The leading export product category was Mineral fuels (HS2 27), with a total export value of $196.9M.
Exports in 2024
Barbados's exports for 2024 totaled $494.0M. The primary export partner was the United States, with a 20.7% share valued at $102.5M. Other key export markets included Jamaica ($34.2M) and Trinidad and Tobago ($29.8M). The most significant export product was Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS2 27), which constituted 39.9% of all exports at a value of $196.9M. Following this, Beverages, spirits and vinegar (HS2 22) contributed $61.5M to the export total.
Imports in 2024
In 2024, Barbados imported goods valued at $2.2B. The United States was the top import partner, supplying 38.5% of imports at a value of $833.7M. Trinidad and Tobago and the Netherlands were also major sources, with import values of $457.0M and $128.9M respectively. The most imported product category was Mineral fuels (HS2 27), accounting for 22.7% of imports at $490.4M. Other major imported goods included Machinery and mechanical appliances (HS2 84) at $197.8M and Vehicles (HS2 87) at $153.6M.
Exports
Barbados - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Barbados - export composition by product categories (Exports), 2024 (USD)
Barbados - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Barbados - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.