Exporting guide to

Barbados

Overview

Barbados is a popular tourist destination and the most eastern of all the Caribbean Islands. It is a developed country with a high quality of life and has had a long-standing trading relationship with UK.

Trade statistics

£147.0 million total UK exports to Barbados for the four quarters to the end of Q4 2022

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: April 2023)

116th largest UK export market

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: April 2023)

less than 0.1% of total UK exports for the four quarters to the end of Q4 2022

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: April 2023)

CARIFORUM-UK economic partnership agreement

The UK has signed an economic partnership agreement (EPA) with the CARIFORUM trade bloc which includes Barbados. Read our latest updates for more information on the status of this agreement and how it may benefit your business.

Top five UK goods exported to Barbados, in the four quarters to the end of Q4 2022

Goods Value (£million)
Cars 9.8
Miscellaneous electrical goods (intermediate) 4.1
Miscellaneous metal manufactures 4.0
Specialised machinery (capital) 3.6
Medicinal & pharmaceutical products 3.5

Source: ONS Trade in goods: country-by-commodity exports
Last updated: April 2023
Download the latest trade and investment factsheet for Barbados.

Barbados: at a glance

Economic growth

-13.7%

Actual figure (IMF, 2020)
The UK is -9.3% (IMF, 2020, actual figure)

GDP per capita

$16,245

Actual figure (IMF, 2020)
The UK is $41,127 (IMF, 2020, actual figure)

Currency

Barbadian dollar

Business language

English

Time zone

GMT -4

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Check for trade barriers

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Check duties and customs

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Next steps

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