Applied tariffs
Simple average MFN applied
2021
*
11.7 %
Trade-weighted MFN average
2021
*
13.5 %
Share of MFN duty-free
2021
16.8 %
Best preference trade-weighted average
2021
*
10.0 %
Bound tariffs
Simple average bound
78.9 %
Binding coverage
95.2 %
Share of bound duty-free
0.0 %
Imports
Total imports: 1,600.4 million USD in 2024
Imports by partner
United States of America
38.1 %
609.6
million USD
Trinidad and Tobago
21.6 %
345.6
million USD
European Union
11.2 %
179.1
million USD
United Kingdom
4.5 %
71.8
million USD
China
3.8 %
60.8
million USD
Japan
2.7 %
43.4
million USD
Panama
2.2 %
35.1
million USD
Canada
2.0 %
32.1
million USD
Other Countries, n.e.s.
1.6 %
26.1
million USD
Jamaica
1.6 %
25.3
million USD
Rest of the World
10.7 %
171.5
million USD
Imports by products HS 2017
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
18.7 %
299.6
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
4.0 %
63.9
million USD
999999
Unspecified products
1.9 %
30.1
million USD
870340
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion (excl. vehicles for travelling on snow, other specially designed vehicles of subheading 8703.10 and plug-in hybrids)
1.9 %
29.9
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
1.7 %
27.3
million USD
870380
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only electric motor for propulsion (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.6 %
26.0
million USD
210690
Food preparations, n.e.s.
1.4 %
21.6
million USD
847130
Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a central processing unit, a keyboard and a display (excl. peripheral units)
0.7 %
11.1
million USD
080610
Fresh grapes
0.7 %
10.9
million USD
870421
Motor vehicles for the transport of goods, with only compression-ignition internal combustion piston engine "diesel or semi-diesel", of a gross vehicle weight <= 5 t (excl. dumpers for off-highway use of subheading 8704.10 and special purpose motor vehicles of heading 8705)
0.7 %
10.7
million USD
Rest of the products
66.8 %
1,069.2
million USD
Exports
Total exports: 386.0 million USD in 2024
Exports by destination
Other Countries, n.e.s.
28.3 %
109.3
million USD
United States of America
22.3 %
86.3
million USD
Jamaica
7.0 %
27.2
million USD
United Kingdom
6.0 %
23.2
million USD
Trinidad and Tobago
6.0 %
23.2
million USD
Guyana
4.2 %
16.1
million USD
Saint Lucia
4.1 %
15.9
million USD
Canada
4.0 %
15.5
million USD
European Union
3.3 %
12.6
million USD
Saint Vincent and the Grenadines
2.5 %
9.7
million USD
Rest of the World
12.2 %
46.9
million USD
Exports by products HS 2017
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
36.3 %
140.3
million USD
220840
Rum and other spirits obtained by distilling fermented sugar-cane products
8.3 %
32.2
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
4.9 %
18.8
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
2.9 %
11.1
million USD
190531
Sweet biscuits
2.8 %
10.7
million USD
151710
Margarine (excl. liquid)
2.5 %
9.5
million USD
711319
Articles of jewellery and parts thereof, of precious metal other than silver, whether or not plated or clad with precious metal (excl. articles > 100 years old)
2.1 %
8.1
million USD
482110
Paper or paperboard labels of all kinds, printed
1.8 %
7.0
million USD
871680
Vehicles pushed or drawn by hand and other vehicles not mechanically propelled (excl. trailers and semi-trailers)
1.8 %
6.9
million USD
720410
Waste and scrap, of cast iron (excl. radioactive)
1.8 %
6.8
million USD
Rest of the products
34.9 %
134.6
million USD
Preferential regimes provided by Barbados
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Barbados as a beneficiary based on other economies reported preferential regimes
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