# Barbados Export Playbook for Latin America and Caribbean

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> Yugalinks regional export playbook

Compare buyer markets, access conditions, and calculated product opportunities in Latin America and Caribbean. Use this guide to prioritize research, not to treat calculated indicators as guaranteed sales.

## Navigation

- [Yugalinks home](https://www.yugalinks.com/)
- [Trade data](https://www.yugalinks.com/trade/)
- [Open country workspace](https://www.yugalinks.com/app/countries)
- [Data sources](https://www.yugalinks.com/data-sources)
- [Methodology](https://www.yugalinks.com/methodology)

## Overview

- Exporter: Barbados (BRB)
- Region: Latin America and Caribbean
- Latest trade year: 2024
- Buyer markets: 16
- Calculated three-year opportunity: $59.8B
- Reported FTA markets: 4
- Average reported distance: 2,642 km
- Average business entry indicator: 33 days

## Market comparison

| Market | ISO3 | Opportunity | Products | FTA | Distance | Entry days | Top product |
| --- | --- | ---: | ---: | --- | ---: | ---: | --- |
| Brazil | BRA | $16.1B | 9 | Not reported | 4,315 km | 17 | Product not reported |
| Chile | CHL | $9.2B | 2 | Not reported | 5,317 km | 4 | Product not reported |
| Colombia | COL | $4.2B | 3 | Not reported | 1,941 km | 10 | Telephones for cellular networks or for other wireless networks |
| Ecuador | ECU | $3.9B | 1 | Not reported | 2,558 km | 49 | Product not reported |
| Dominican Republic | DOM | $3.7B | 2 | Reported | 1,243 km | 17 | Product not reported |
| Venezuela | VEN | $3.3B | 1 | Not reported | 845 km | 230 | Product not reported |
| Bahamas | BHS | $3.0B | 2 | Reported | 2,287 km | 12 | Product not reported |
| Panama | PAN | $3.0B | 1 | Not reported | 2,220 km | 6 | Product not reported |
| Honduras | HND | $2.9B | 2 | Not reported | 2,988 km | 42 | Product not reported |
| Costa Rica | CRI | $2.6B | 2 | Not reported | 2,688 km | 23 | Product not reported |
| Peru | PER | $2.5B | 1 | Not reported | 3,401 km | 26 | Product not reported |
| Trinidad and Tobago | TTO | $2.1B | 2 | Reported | 344 km | 11 | Product not reported |
| El Salvador | SLV | $1.0B | 1 | Not reported | 3,198 km | 17 | Product not reported |
| Argentina | ARG | $854.5M | 1 | Not reported | 5,318 km | 12 | Product not reported |
| Saint Lucia | LCA | $689.2M | 1 | Reported | 180 km | 11 | Product not reported |
| Bolivia | BOL | $564.9M | 1 | Not reported | 3,426 km | 40 | Product not reported |

## Product and market opportunities

| Rank | Market | Product | Opportunity | Buyer growth | Current share |
| ---: | --- | --- | ---: | ---: | ---: |
| 1 | Chile (CHL) | HS 271019 - Product description unavailable | $7.2B | +13.8% | +0.0% |
| 2 | Brazil (BRA) | HS 271019 - Product description unavailable | $7.0B | +9.0% | +0.0% |
| 3 | Ecuador (ECU) | HS 271019 - Product description unavailable | $3.9B | +12.6% | +0.0% |
| 4 | Venezuela (VEN) | HS 271012 - Product description unavailable | $3.3B | +17.9% | +0.0% |
| 5 | Panama (PAN) | HS 271019 - Product description unavailable | $3.0B | +9.8% | +0.0% |
| 6 | Peru (PER) | HS 271019 - Product description unavailable | $2.5B | +10.0% | +0.0% |
| 7 | Chile (CHL) | HS 851712 - Telephones for cellular networks or for other wireless networks | $2.0B | +14.6% | +0.0% |
| 8 | Dominican Republic (DOM) | HS 271012 - Product description unavailable | $1.9B | +8.8% | +0.4% |
| 9 | Dominican Republic (DOM) | HS 271019 - Product description unavailable | $1.8B | +13.6% | +0.1% |
| 10 | Brazil (BRA) | HS 271012 - Product description unavailable | $1.8B | +3.6% | +0.1% |
| 11 | Colombia (COL) | HS 851712 - Telephones for cellular networks or for other wireless networks | $1.7B | +9.4% | +0.0% |
| 12 | Honduras (HND) | HS 271019 - Product description unavailable | $1.7B | +10.1% | +0.1% |
| 13 | Bahamas (BHS) | HS 271012 - Product description unavailable | $1.7B | +12.7% | +0.0% |
| 14 | Colombia (COL) | HS 271019 - Product description unavailable | $1.6B | +6.8% | +0.0% |
| 15 | Brazil (BRA) | HS 850440 - Electrical static converters | $1.6B | +10.7% | +0.0% |
| 16 | Costa Rica (CRI) | HS 271019 - Product description unavailable | $1.6B | +12.7% | +0.0% |
| 17 | Brazil (BRA) | HS 300490 - Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $1.4B | +11.8% | +0.0% |
| 18 | Brazil (BRA) | HS 880330 - Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803 | $1.4B | +10.3% | +0.0% |
| 19 | Bahamas (BHS) | HS 271019 - Product description unavailable | $1.3B | +8.6% | +0.0% |
| 20 | Honduras (HND) | HS 271012 - Product description unavailable | $1.1B | +9.7% | +1.7% |

## Sector opportunities

| Sector | Products | Reported buyer imports | Opportunity | Average growth |
| --- | ---: | ---: | ---: | ---: |
| HS2 00 - HS2 sector 00 | 21 | $52.9B | $46.9B | +10.8% |
| HS2 85 - HS2 sector 85 | 3 | $5.3B | $5.3B | +11.6% |
| HS2 84 - HS2 sector 84 | 3 | $2.6B | $2.6B | +9.0% |
| HS2 30 - HS2 sector 30 | 1 | $4.3B | $1.4B | +11.8% |
| HS2 88 - HS2 sector 88 | 1 | $1.9B | $1.4B | +10.3% |
| HS2 86 - HS2 sector 86 | 1 | $512.0M | $982.3M | +35.1% |
| HS2 39 - HS2 sector 39 | 1 | $762.2M | $653.4M | +8.4% |
| HS2 87 - HS2 sector 87 | 1 | $1.3B | $579.3M | -2.1% |

## Frequently asked questions

### Should Barbados focus on Latin America and Caribbean?

Use the market ranking as a starting point, then check product fit, buyer requirements, route costs, tariffs, standards, and competitive conditions.

### What does calculated opportunity mean?

It is a screening indicator built from demand and exporter-position signals. It is not a confirmed order, sales forecast, or guarantee of market entry.

### How should exporters use this page?

Prioritize one market and product combination, then validate buyers, compliance, logistics, pricing, and continuity before making a commercial decision.

## Method

Reported trade observations and calculated indicators are shown separately. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

Yugalinks presents derived views for research and planning. [Read the full methodology](https://www.yugalinks.com/methodology).

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.