Net trade in goods in Barbados
Barbados: Net trade in goods was -820.85 million BoP, current US$ in 2017. ◆ Volatile
Net trade in goods in Barbados, 1967–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Barbados is -820.85 million BoP, current US$, measured in 2017.
Compared with earlier readings it is down 44.1% on the previous year and up 15.0% over ten years.
Over the whole period, net trade in goods in Barbados peaked at -33.38 million BoP, current US$ in 1967 and was at its lowest, -1.05 billion BoP, current US$, in 2008.
That places Barbados 104th out of 199 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -44.07 million BoP, current US$ | -56.08 million BoP, current US$ | -33.38 million BoP, current US$ | 3 |
| 1970s | -125.09 million BoP, current US$ | -248.84 million BoP, current US$ | -71.54 million BoP, current US$ | 10 |
| 1980s | -321.26 million BoP, current US$ | -451.94 million BoP, current US$ | -257.40 million BoP, current US$ | 10 |
| 1990s | -507.62 million BoP, current US$ | -761.62 million BoP, current US$ | -305.26 million BoP, current US$ | 10 |
| 2000s | -870.34 million BoP, current US$ | -1.05 billion BoP, current US$ | -707.25 million BoP, current US$ | 10 |
| 2010s | -737.04 million BoP, current US$ | -879.29 million BoP, current US$ | -569.49 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 101 Togo -743.89 million BoP, current US$ compare
- 102 Lesotho -756.75 million BoP, current US$ compare
- 103 Seychelles -790.40 million BoP, current US$ compare
- 105 Sierra Leone -850.37 million BoP, current US$ compare
- 106 Costa Rica -924.51 million BoP, current US$ compare
- 107 Sint Maarten (Dutch part) -927.19 million BoP, current US$ compare
More economy & growth data for Barbados
- Manufacturing, value added 376.05 million current US$ (2024)
- Agriculture, forestry, and fishing, value added 92.53 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added -4.2% (2024)
- Agriculture, forestry, and fishing, value added 228.57 million constant LCU (2024)
- GDP 15.34 billion constant LCU (2025)
- GDP growth 2.7% (2025)
- Manufacturing, value added 321.87 million constant 2015 US$ (2024)
- Manufacturing, value added 4.9% (2024)
- Manufacturing, value added 747.19 million constant LCU (2024)
- Agriculture, forestry, and fishing, value added 236.25 million current LCU (2024)
Frequently asked questions
- What is net trade in goods in Barbados?
- Net trade in goods in Barbados was -820.85 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Barbados?
- The highest recorded value was -33.38 million BoP, current US$ in 1967.
- What is the lowest net trade in goods recorded in Barbados?
- The lowest recorded value was -1.05 billion BoP, current US$ in 2008.
- How does Barbados rank for net trade in goods?
- Barbados ranks 104th out of 199 countries with data for 2017.
- Is net trade in goods rising or falling in Barbados?
- Over the last ten years it is up 15.0%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.