Country export capability

Barbados
export capability

A reported view of Barbados's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

BRB1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$373.6M2024 reported value
Latest imports$2.4B2024 reported value
Trade balance-$2.0BExports minus imports
Export growth+2.5%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Barbados export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Barbados recorded $373.6M in exports and $2.4B in imports. The resulting -$2.0B trade balance gives the latest country-level position a clear context.

Exports changed +2.5% year on year and show a calculated +6.5% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

Jamaica received $59.7M in reported exports, representing 16% of the latest country total. Beverages was the largest displayed HS2 export sector at $85.2M and 22.8% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Barbados's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$7.5B2024 macro context
GDP per capita$26.5KCurrent-dollar GDP
Population282.5KReported population
Labor force154.5Reported labor force
Investment rate17.2%National investment rate
Savings rate7.7%National savings rate
Trade openness59%Exports + imports / GDP
Exports / GDP7.9%Merchandise exports / GDP
Secondary education95.5%Education context
Tertiary education11.6%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Barbados
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
JamaicaJAMWatch45.1%36.9%15.4%Buyer-market concentration is the largest observed corridor exposure
HondurasHNDHigh attention100%11.2%8.8%Buyer-market concentration is the largest observed corridor exposure
CanadaCANHigh attention95.2%30.8%3%Buyer-market concentration is the largest observed corridor exposure
ChinaCHNHigh attention98%60.6%30.2%Tariff, distance or agreement conditions create market-access friction
Trinidad and TobagoTTOWatch27.7%13.8%12.2%Buyer-market concentration is the largest observed corridor exposure
USA, Puerto Rico and US Virgin IslandsUSAWatch14.3%20.3%1.3%Buyer-market concentration is the largest observed corridor exposure
World excl. Intra-EUWXDWatch46.8%53.4%Not reportedVolatile products account for the largest observed corridor exposure
TaiwanTWNHigh attention83.2%23.2%Not reportedTariff, distance or agreement conditions create market-access friction
GuyanaGUYWatch38.8%38.9%Not reportedBuyer-market concentration is the largest observed corridor exposure
BahamasBHSWatch31.2%21.9%31.4%Volatile products account for the largest observed corridor exposure

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Barbados
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1USA, Puerto Rico and US Virgin IslandsHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$165.0B$115.5B0%Declining +1.1%
2ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Growing +10.5%
3IndiaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$130.1B$73.0B0%Accelerating -0.5%
4ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.7B0%Declining +20.6%
5ChinaHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$81.8B$61.4B0%Accelerating +4%
6USA, Puerto Rico and US Virgin IslandsHS6 851712 · Telephones for cellular networks or for other wireless networks$53.9B$53.8B0%Stable -8.8%
7USA, Puerto Rico and US Virgin IslandsHS6 847150 · Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units$53.9B$45.6B0%Declining +60.2%
8USA, Puerto Rico and US Virgin IslandsHS6 847130 · Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$42.7B$33.3B0%Stable +6.2%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Barbados.
All HS4 export lines2024 ranking
Top HS4 export lines for Barbados
RankHS4Parent HS2 sectorExportsShareActive HS6
12208HS4 detail codeBeverages (22) ↗$69.1M18.5%7
22710HS4 detail codeMineral fuels (27) ↗$40.9M10.9%4
33004HS4 detail codePharmaceutical products (30) ↗$21.1M5.7%12
48901HS4 detail codeShips and boats (89) ↗$19.1M5.1%2
52709HS4 detail codeMineral fuels (27) ↗$18.9M5%1
61905HS4 detail codePreparations of cereals (19) ↗$14.5M3.9%6
71517HS4 detail codeAnimal and vegetable fats (15) ↗$12.9M3.5%2
89021HS4 detail codeOptical and medical instruments (90) ↗$12.7M3.4%8
93808HS4 detail codeMiscellaneous chemical products (38) ↗$11.7M3.1%10
102711HS4 detail codeMineral fuels (27) ↗$11.6M3.1%6
114821HS4 detail codePaper and paperboard (48) ↗$10.4M2.8%2
122207HS4 detail codeBeverages (22) ↗$9.1M2.4%2

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Barbados combines $373.6M in exports with a broad partner network.

In 2024, Barbados recorded $373.6M in reported exports and $2.4B in imports, producing a reported trade deficit of $2.0B. Exports changed +2.5% year on year and +6.5% annualized over three years. Beverages (HS2 22) was the largest displayed export sector by value.

Destination network

Where Barbados exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Barbados
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1JamaicaJAM$59.7M16%-24.3%+16.9%
2USA, Puerto Rico and US Virgin IslandsUSA$56.7M15.2%+3.3%+4.6%
3Trinidad and TobagoTTO$27.0M7.2%-14.8%+7%
4PolandPOL$24.2M6.5%+512.2%+101.5%
5Saint LuciaLCA$22.1M5.9%+15.9%+10.7%
6GuyanaGUY$18.5M4.9%-17.4%-13.2%
7GrenadaGRD$14.0M3.7%+7.5%+9.4%
8HondurasHND$13.5M3.6%+15,048.7%+411.9%
9CanadaCAN$11.4M3.1%-27.3%-2%
10United KingdomGBR$11.2M3%+15.9%+38.1%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$484.2M
2014
$555.6M
2015
$396.1M
2016
$431.2M
2017
$491.4M
2018
$459.7M
2019
$399.9M
2020
$288.8M
2021
$309.7M
2022
$367.0M
2023
$364.6M
2024
$373.6M

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets43Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners0Country context
Shared-language partners77Country context
Average partner distance8,840 kmCalculated average
Partners with FTA15.9%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share35.2%

Covered value under attention

Critical share0%

Covered value marked critical

Below historical peak29.4%

Distance below route peaks

FTA-covered exports61.7%

Covered value with FTA context

Weighted tariff context0.1%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: Market access exposure.

Momentum score3.7

History-based indicator

Partner concentration733

Partner HHI

Product concentration422.3

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3BRB
Exports Usd$373.6M
Imports Usd$2.4B
Trade Balance Usd-$2.0B
Yoy Exports Growth Pct2.5%
Yoy Imports Growth Pct6.3%
Exports Cagr 3y Pct6.5%
Imports Cagr 3y Pct10.6%
Export Partner Hhi733
Export Product Hhi422.3
Momentum Score3.7
Risk Score5.8
Gdp Million Usd7,498.05 million USD
Gdp Per Capita Usd$26.5K
Population282,467
Labor Force154.5
Investment Rate Pct17.2%
Savings Rate Pct7.7%
Secondary Education Pct95.5%
Tertiary Education Pct11.6%
Total Factor Productivity1,042.8
Trade Openness Pct59%
Exports Gdp Pct7.9%
Num Active Partners270
Num Fta Partners43
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners0
Num Shared Language Partners77
Avg Partner Distance Km8,840 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta16
Pct Partners Shared Language29
Pct Partners Shared Border0
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km8,654
Num Border Partners0
Num Colonial Partners25
Avg Substitution Elasticity-7.8
Pct Products High Elasticity64
Pct Products Low Elasticity5
Real Market Potential62,754
Foreign Market Potential14,652.7

Exposure fields

Country Iso3BRB
All History Lane Count1,373
Current Lane Count169
Critical Lane Count0
High Attention Lane Count18
High Volatility Lane Count70
Unrecovered Drawdown Lane Count55
Declining Demand Lane Count1
Concentrated Market Lane Count73
Access Friction Lane Count26
Buyer Macro Weakness Lane Count4
Monitored Exports Current Usd$201.5M
Attention Exports Usd$70.8M
Critical Exports Usd$0.0
High Volatility Exports Usd$46.8M
Unrecovered Drawdown Exports Usd$39.8M
Non Fta Exports Usd$72.3M
Monitored Attention Share Pct35.2%
Monitored Critical Share Pct0%
Fta Covered Exports Share Pct61.7%
Export Weighted Volatility Cv0.9
Export Weighted Below Peak Pct29.4%
Export Weighted Distance Km4,507 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$373.6M
Total Imports Latest Usd$2.4B
Trade Balance Latest Usd-$2.0B
Exports Yoy Latest Pct2.5%
Exports Cagr 3y Latest Pct6.5%
Gdp Latest Million Usd7,498.05 million USD
Gdp Per Capita Latest Usd$26.5K
Population Latest282,467
Investment Rate Latest Pct17.2%
Savings Rate Latest Pct7.7%
Trade Openness Latest Pct59%
Exports Gdp Latest Pct7.9%
Active Partners Latest270
Fta Partners Latest43
Foreign Market Potential Latest14,652.7
Gdp 5y Cagr Pct4%
Gdp Per Capita 5y Cagr Pct3.9%
Population 5y Cagr Pct0.1%
Partner Hhi Latest733
Partner Top1 Share Latest Pct16%
Partner Top3 Share Latest Pct38.4%
Partner Hhi All Avg1,407.9
Partner Hhi All Max4,551.5
Product Hhi Latest422.3
Product Top1 Share Latest Pct13.4%
Product Top3 Share Latest Pct27.1%
Product Hhi All Avg445.9
Product Hhi All Max1,137.5
Total Exports Attention Share Pct19%
Total Exports Critical Share Pct0%
Attention LevelWatch
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$207.9M$600.8M-$392.9MNot reportedNot reported
1996$273.7M$675.5M-$401.8M+31.7%Not reported
1997$255.0M$982.6M-$727.6M-6.8%Not reported
1998$247.7M$828.1M-$580.4M-2.9%+6%
1999$252.8M$870.1M-$617.3M+2%-2.6%
2000$563.3M$2.1B-$1.6B+122.8%+30.2%
2001$323.6M$976.4M-$652.8M-42.6%+9.3%
2002$344.4M$894.9M-$550.5M+6.4%+10.9%
2003$370.7M$1.1B-$700.1M+7.6%-13%
2004$421.8M$1.0B-$614.1M+13.8%+9.2%
2005$422.0M$1.5B-$1.1B+0%+7%
2006$400.3M$1.6B-$1.2B-5.1%+2.6%
2007$526.0M$1.4B-$879.5M+31.4%+7.6%
2008$639.2M$2.0B-$1.3B+21.5%+14.8%
2009$967.6M$2.4B-$1.4B+51.4%+34.2%
2010$982.2M$2.2B-$1.2B+1.5%+23.1%
2011$1.1B$5.6B-$4.5B+16.4%+21.4%
2012$735.4M$3.2B-$2.4B-35.7%-8.7%
2013$484.2M$1.8B-$1.3B-34.2%-21%
2014$555.6M$1.8B-$1.2B+14.7%-21.4%
2015$396.1M$1.5B-$1.1B-28.7%-18.6%
2016$431.2M$1.4B-$952.4M+8.9%-3.8%
2017$491.4M$1.6B-$1.1B+14%-4%
2018$459.7M$1.6B-$1.2B-6.4%+5.1%
2019$399.9M$1.5B-$1.1B-13%-2.5%
2020$288.8M$1.5B-$1.2B-27.8%-16.2%
2021$309.7M$1.8B-$1.5B+7.2%-12.3%
2022$367.0M$2.1B-$1.8B+18.5%-2.8%
2023$364.6M$2.3B-$1.9B-0.7%+8.1%
2024$373.6M$2.4B-$2.0B+2.5%+6.5%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
122Beverages$85.2M22.8%10724
227Mineral fuels$76.2M20.4%10527
330Pharmaceutical products$22.7M6.1%3240
489Ships and boats$19.2M5.1%1013
590Optical and medical instruments$16.9M4.5%67139
615Animal and vegetable fats$15.8M4.2%1944
719Preparations of cereals$15.2M4.1%2219
848Paper and paperboard$13.4M3.6%4297
938Miscellaneous chemical products$12.7M3.4%3483
1076Aluminium$8.7M2.3%3134

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
12208Beverages (22)$69.1M18.5%7
22710Mineral fuels (27)$40.9M10.9%4
33004Pharmaceutical products (30)$21.1M5.7%12
48901Ships and boats (89)$19.1M5.1%2
52709Mineral fuels (27)$18.9M5%1
61905Preparations of cereals (19)$14.5M3.9%6
71517Animal and vegetable fats (15)$12.9M3.5%2
89021Optical and medical instruments (90)$12.7M3.4%8
93808Miscellaneous chemical products (38)$11.7M3.1%10
102711Mineral fuels (27)$11.6M3.1%6
114821Paper and paperboard (48)$10.4M2.8%2
122207Beverages (22)$9.1M2.4%2

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1JamaicaJAM$59.7M16%-24.3%+16.9%
2USA, Puerto Rico and US Virgin IslandsUSA$56.7M15.2%+3.3%+4.6%
3Trinidad and TobagoTTO$27.0M7.2%-14.8%+7%
4PolandPOL$24.2M6.5%+512.2%+101.5%
5Saint LuciaLCA$22.1M5.9%+15.9%+10.7%
6GuyanaGUY$18.5M4.9%-17.4%-13.2%
7GrenadaGRD$14.0M3.7%+7.5%+9.4%
8HondurasHND$13.5M3.6%+15,048.7%+411.9%
9CanadaCAN$11.4M3.1%-27.3%-2%
10United KingdomGBR$11.2M3%+15.9%+38.1%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1Jamaica (JAM)Watch45.1%36.9%15.4%Buyer-market concentration is the largest observed corridor exposure
2Honduras (HND)High attention100%11.2%8.8%Buyer-market concentration is the largest observed corridor exposure
3Canada (CAN)High attention95.2%30.8%3%Buyer-market concentration is the largest observed corridor exposure
4China (CHN)High attention98%60.6%30.2%Tariff, distance or agreement conditions create market-access friction
5Trinidad and Tobago (TTO)Watch27.7%13.8%12.2%Buyer-market concentration is the largest observed corridor exposure
6USA, Puerto Rico and US Virgin Islands (USA)Watch14.3%20.3%1.3%Buyer-market concentration is the largest observed corridor exposure
7World excl. Intra-EU (WXD)Watch46.8%53.4%Not reportedVolatile products account for the largest observed corridor exposure
8Taiwan (TWN)High attention83.2%23.2%Not reportedTariff, distance or agreement conditions create market-access friction
9Guyana (GUY)Watch38.8%38.9%Not reportedBuyer-market concentration is the largest observed corridor exposure
10Bahamas (BHS)Watch31.2%21.9%31.4%Volatile products account for the largest observed corridor exposure

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1Honduras (HND)271112new$194.2M6%100
2Denmark (DNK)851890new$31.8M2.1%100
3Greece (GRC)740400new$332.1M0%100
4Chile (CHL)847989new$122.0M0.2%100
5Bahamas (BHS)190219new$5.0M2.7%100
6India (IND)780200new$249.9M0.1%100
7Grenada (GRD)842952new$1.3M16.8%100
8France (FRA)170114new$62.9M0.4%100
9Slovakia (SVK)854442new$237.1M0.1%100
10Saudi Arabia (SAU)281820new$56.9M0.2%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1USA, Puerto Rico and US Virgin Islands (USA)270900$165.0B$115.5B0%Declining (+1.1%)
2China (CHN)854231$158.0B$93.1B0%Growing (+10.5%)
3India (IND)270900$130.1B$73.0B0%Accelerating (-0.5%)
4China (CHN)854232$80.6B$65.7B0%Declining (+20.6%)
5China (CHN)854239$81.8B$61.4B0%Accelerating (+4%)
6USA, Puerto Rico and US Virgin Islands (USA)851712$53.9B$53.8B0%Stable (-8.8%)
7USA, Puerto Rico and US Virgin Islands (USA)847150$53.9B$45.6B0%Declining (+60.2%)
8USA, Puerto Rico and US Virgin Islands (USA)847130$42.7B$33.3B0%Stable (+6.2%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Barbados export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Barbados export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Barbados.

What is the latest reported export value for Barbados?

Barbados recorded $373.6M in reported exports in 2024.

Which markets receive the most exports from Barbados?

Jamaica leads by reported export value at $59.7M in 2024. Five destination lanes are highlighted.

Which sectors lead Barbados's exports?

Beverages leads by reported value at $85.2M. Five HS2 chapters are highlighted.

How many years of Barbados trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

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Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.