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Full trade & compliance profile

Barbados — Trade & Compliance

Barbados's trade profile consolidates its merchandise flow from CEPII BACI, the preferential agreements it has entered from the World Bank, the international cargo conventions it has ratified from the UN Treaty Collection, and its applied tariff, VAT and currency of record from the World Bank, the EU and ISO 4217.

Every figure is shown as its named source records it and dated where the source dates it; trade partners and product codes link to their own pages where logibook profiles them.

3
trade agreements
7
cargo treaties
13.94%
MFN applied tariff

Memberships & standing

Income groupHigh income
DatabookThe Record of Consolidated Knowledge
Barbados beyond logistics?
Browse databook

Trade Flow

Top export markets
  1. 1USA23.9%
  2. 2Jamaica7.7%
  3. 3United Kingdom7.1%
  4. 4Trinidad and Tobago6.8%
  5. 5Canada5.7%
CEPII BACI · 2024
Top import sources
  1. 1USA34.9%
  2. 2Trinidad and Tobago19.3%
  3. 3Netherlands5.3%
  4. 4China5.0%
  5. 5United Kingdom4.5%
CEPII BACI · 2024
Leading export goods (HS2)
  1. 1Beverages & spirits23.1%
  2. 2Mineral fuels & oils15.5%
  3. 3Pharmaceuticals6.9%
  4. 4Ships & boats4.7%
  5. 5Animal/vegetable fats & oils3.9%
CEPII BACI · 2024
Leading import goods (HS2)
  1. 1Mineral fuels & oils23.5%
  2. 2Machinery & mechanical appliances9.1%
  3. 3Vehicles7.9%
  4. 4Electrical machinery5.2%
  5. 5Plastics3.4%
CEPII BACI · 2024
Fastest-rising export markets
  1. 1Trinidad and Tobago+6.75pp
  2. 2Saint Lucia+4.76pp
  3. 3Guyana+4.39pp
CEPII BACI · 2024
Declining export markets
  1. 1China−11.76pp
  2. 2Jamaica−11.20pp
  3. 3Poland−6.64pp
CEPII BACI · 2024
Fastest-rising export goods
  1. 1Mineral fuels & oils+8.62pp
  2. 2Pharmaceuticals+5.52pp
  3. 3Animal/vegetable fats & oils+3.69pp
CEPII BACI · 2024
Declining export goods
  1. 1Beverages & spirits−17.91pp
  2. 2Optical/medical instruments−13.28pp
  3. 3Ships & boats−6.76pp
CEPII BACI · 2024

Showing the leading partners and product groups by trade share; the full bilateral flow matrix is inCEPII BACI · 2024

Preferential Trade Agreements

United Kingdom - CARIFORUM States2021
FTA & EIAGoods & Services
EU - CARIFORUM States2008
FTA & EIAGoods & Services
Caribbean Community and Common Market (CARICOM)1973
CU & EIAGoods & Services
World Bank DTA · 3 trade agreements in force

International Cargo Treaties

  • Convention on the International Maritime Organization. Geneva, 6 March 1948
    Party · 1970176 ratifications
  • Agreement relating to the implementation of Part XI of the United Nations Convention on the Law of the Sea of 10 December 1982. New York, 28 July 1994
    Party · 1994171 ratifications
  • Agreement under the United Nations Convention on the Law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction. New York, 19 June 2023
    Party · 2024148 ratifications
  • Agreement for the Implementation of the Provisions of the United Nations Convention on the Law of the Sea of 10 December 1982 relating to the Conservation and Management of Straddling Fish Stocks and Highly Migratory Fish Stocks. New York, 4 August 1995
    Party · 2000107 ratifications
  • Customs Convention on the Temporary Importation of Private Road Vehicles. New York, 4 June 1954
    Party · 197190 ratifications
  • Convention concerning Customs Facilities for Touring. New York, 4 June 1954
    Party · 197187 ratifications
  • Additional Protocol to the Convention concerning Customs Facilities for Touring, relating to the Importation of Tourist Publicity Documents and Material. New York, 4 June 1954
    Party · 197180 ratifications
UN Treaty Collection · 7 ratified

Fiscal & Tariffs

Currency
BBD
Barbados Dollar
ISO numeric 0522 minor units
ISO 4217
MFN applied tariff
13.94%
simple average (2022)
World Bank WDI

Key commodities

Top agricultural output
Sugar cane
64.9K t
FAOSTAT · 2024
Top mineral output
petroleum, crude
20K tonnes (metric)
BGS · 2023
Energy production
Primary energy production
U.S. EIA

Top item per category of 59 commodities trackedfull lists: FAOSTAT · 2026-05 · British Geological Survey · U.S. EIA

All Sources

TradeCountry Trade Facts (CEPII BACI)
etalab-2.0
TradeWorld Bank Deep Trade Agreements (DTA)
cc-by-4.0
Sanctions & complianceUN Treaty Collection — Multilateral Treaties Deposited (MTDSG)
open
fiscalWorld Bank – World Development Indicators (WDI)
cc-by-4.0
fiscalISO 4217 Currency Codes
open
commoditythe British Geological Surveythe British Geological Survey
OGL
Referencelogibook trade-bloc referencelogibook trade-bloc reference
Compiled (public facts)
commoditythe U.S. Energy Information Administrationthe U.S. Energy Information Administration
Public domain (US gov)
commodityFAOSTATFAOSTAT
CC BY 4.0 IGO
Referenceinternational organisation membership recordsinternational organisation membership records
Public (official lists)
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