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Export Market

Barbados

ISO: BB / BRB

Country Profile

Capital Bridgetown
Population 268K
GDP $7.5B (2024)
GDP per Capita $26,545
Income Level High Income
Currency Barbadian dollar (BBD $)
Language English
Timezone UTC-04:00
Region North America · Caribbean

Trade Partners

Barbados Exports To

  • USA 22.0%
  • Jamaica 17.0%
  • Tobago 8.0%
  • Canada 6.0%
  • Guyana 6.0%

Key exports: liquor, refined petroleum, packaged medicine, margarine, baked goods (2023)

Barbados Imports From

  • USA 32.0%
  • Tobago 19.0%
  • Netherlands 6.0%
  • UK 6.0%
  • Guyana 5.0%

Key imports: refined petroleum, crude petroleum, cars, plastic products, ships (2023)

Economic Overview

high-income Eastern Caribbean economy; high standard of living among regional peers; key tourism, construction, and financial sectors driving recent GDP growth; declining but still very high public debt leading to IMF support programs; susceptible to natural disasters and reliance on import partners

Government: parliamentary republic; a Commonwealth realm

UK Trade Status

FTA in Force

The UK has a free trade agreement with Barbados, providing preferential market access for UK exporters.

Geographic Region

Latin America and Caribbean

Trading Bloc Memberships

Barbados is a member of the following trade agreements and economic blocs.

CARICOM Caribbean Community Economic Union UK Agreement

Export Guidance

Relevant guidance for exporting to Barbados.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇷 Argentina 🇧🇸 Bahamas FTA 🇧🇿 Belize FTA 🇧🇴 Bolivia 🇧🇷 Brazil 🇨🇱 Chile FTA 🇨🇴 Colombia FTA 🇨🇷 Costa Rica FTA

Official Resources

Government export support for Barbados.

great.gov.uk Market Guide → GOV.UK Country Information →
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