Merchandise exports by the reporting economy (current US$) in Barbados
Barbados: Merchandise exports by the reporting economy (current US$) was 320.52 million current US$ in 2023. ◆ Volatile
Latest (2023)
320.52 million current US$
Change on year
up 1.8%
World rank
173rd
of 206 countries
All-time high
442.24 million current US$
in 2016
All-time low
19.70 million current US$
in 1962
Years of data
62
1961–2023
Merchandise exports by the reporting economy in Barbados, 1961–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise exports by the reporting economy in Barbados stood at 320.52 million current US$.
The figure is up 1.8% on the previous year and down 3.9% over ten years.
Over the whole period, merchandise exports by the reporting economy in Barbados peaked at 442.24 million current US$ in 2016 and was at its lowest, 19.70 million current US$, in 1962.
Barbados ranks 173rd of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) in Barbados, year by year
| Year | current US$ | Change |
|---|---|---|
| 1961 | 24.30 million current US$ | — |
| 1962 | 19.70 million current US$ | -18.9% |
| 1963 | 28.90 million current US$ | +46.7% |
| 1964 | 25.20 million current US$ | -12.8% |
| 1965 | 24.80 million current US$ | -1.6% |
| 1966 | 28.70 million current US$ | +15.7% |
| 1967 | 28.83 million current US$ | +0.5% |
| 1968 | 25.20 million current US$ | -12.6% |
| 1970 | 32.75 million current US$ | +30.0% |
| 1971 | 29.19 million current US$ | -10.9% |
| 1972 | 30.58 million current US$ | +4.8% |
| 1973 | 40.38 million current US$ | +32.0% |
| 1974 | 56.97 million current US$ | +41.1% |
| 1975 | 83.91 million current US$ | +47.3% |
| 1976 | 65.82 million current US$ | -21.6% |
| 1977 | 71.83 million current US$ | +9.1% |
| 1978 | 90.70 million current US$ | +26.3% |
| 1979 | 121.31 million current US$ | +33.7% |
| 1980 | 164.09 million current US$ | +35.3% |
| 1981 | 165.31 million current US$ | +0.7% |
| 1982 | 188.94 million current US$ | +14.3% |
| 1983 | 253.43 million current US$ | +34.1% |
| 1984 | 312.47 million current US$ | +23.3% |
| 1985 | 278.27 million current US$ | -10.9% |
| 1986 | 213.07 million current US$ | -23.4% |
| 1987 | 112.63 million current US$ | -47.1% |
| 1988 | 127.16 million current US$ | +12.9% |
| 1989 | 139.65 million current US$ | +9.8% |
| 1990 | 126.67 million current US$ | -9.3% |
| 1991 | 141.22 million current US$ | +11.5% |
| 1992 | 142.37 million current US$ | +0.8% |
| 1993 | 131.90 million current US$ | -7.4% |
| 1994 | 144.97 million current US$ | +9.9% |
| 1995 | 199.23 million current US$ | +37.4% |
| 1996 | 238.82 million current US$ | +19.9% |
| 1997 | 234.43 million current US$ | -1.8% |
| 1998 | 213.50 million current US$ | -8.9% |
| 1999 | 223.41 million current US$ | +4.6% |
| 2000 | 224.10 million current US$ | +0.3% |
| 2001 | 209.68 million current US$ | -6.4% |
| 2002 | 195.53 million current US$ | -6.7% |
| 2003 | 189.31 million current US$ | -3.2% |
| 2004 | 203.91 million current US$ | +7.7% |
| 2005 | 252.50 million current US$ | +23.8% |
| 2006 | 318.30 million current US$ | +26.1% |
| 2007 | 296.51 million current US$ | -6.8% |
| 2008 | 342.48 million current US$ | +15.5% |
| 2009 | 303.83 million current US$ | -11.3% |
| 2010 | 300.39 million current US$ | -1.1% |
| 2011 | 371.51 million current US$ | +23.7% |
| 2012 | 423.97 million current US$ | +14.1% |
| 2013 | 333.63 million current US$ | -21.3% |
| 2014 | 357.60 million current US$ | +7.2% |
| 2015 | 400.55 million current US$ | +12.0% |
| 2016 | 442.24 million current US$ | +10.4% |
| 2017 | 379.93 million current US$ | -14.1% |
| 2018 | 339.26 million current US$ | -10.7% |
| 2019 | 326.80 million current US$ | -3.7% |
| 2020 | 257.24 million current US$ | -21.3% |
| 2021 | 270.45 million current US$ | +5.1% |
| 2022 | 314.88 million current US$ | +16.4% |
| 2023 | 320.52 million current US$ | +1.8% |
Barbados compared with similar countries
- Barbados's 320.52 million current US$ is below the median for high income countries, which is 42.11 billion current US$, 1% of the median. (74 countries reporting)
- Barbados's 320.52 million current US$ is below the median for Latin America & Caribbean, which is 4.67 billion current US$, 7% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 25.70 million current US$ | 19.70 million current US$ | 28.90 million current US$ | 8 |
| 1970s | 62.34 million current US$ | 29.19 million current US$ | 121.31 million current US$ | 10 |
| 1980s | 195.50 million current US$ | 112.63 million current US$ | 312.47 million current US$ | 10 |
| 1990s | 179.65 million current US$ | 126.67 million current US$ | 238.82 million current US$ | 10 |
| 2000s | 253.62 million current US$ | 189.31 million current US$ | 342.48 million current US$ | 10 |
| 2010s | 367.59 million current US$ | 300.39 million current US$ | 442.24 million current US$ | 10 |
| 2020s | 290.77 million current US$ | 257.24 million current US$ | 320.52 million current US$ | 4 |
Countries ranked near Barbados
- 170 Guinea-Bissau 426.52 million current US$ compare
- 171 Solomon Islands 399.34 million current US$ compare
- 172 North Korea 375.04 million current US$ compare
- 174 Belize 252.98 million current US$ compare
- 175 Micronesia (country) 234.60 million current US$ compare
- 176 Guam 219.73 million current US$ compare
More private sector data for Barbados
- Merchandise trade 33.1% (2025)
- Food imports 22.7% (2024)
- Manufactures imports 52.6% (2024)
- Merchandise imports 2.23 billion current US$ (2025)
- Food exports 43.5% (2024)
- Manufactures exports 39.9% (2024)
- Merchandise exports 428.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,514 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0534 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -7.16 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Barbados?
- Merchandise exports by the reporting economy in Barbados was 320.52 million current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Barbados?
- The highest recorded value was 442.24 million current US$ in 2016.
- What is the lowest merchandise exports by the reporting economy recorded in Barbados?
- The lowest recorded value was 19.70 million current US$ in 1962.
- How does Barbados rank for merchandise exports by the reporting economy?
- Barbados ranks 173rd out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Barbados?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.