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

£107.0 million total UK exports to Barbados for the four quarters to the end of Q2 2022

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2022)

121st largest UK export market

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2022)

less than 0.1% of total UK exports for the four quarters to the end of Q2 2022

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2022)

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 Q2 2022

Goods Value (£million)
Miscellaneous electrical goods (intermediate) 3.5
Miscellaneous foods 3.1
Medicinal & pharmaceutical products 3.0
Other manufactures (consumer) 2.8
Cars 2.8

Source: ONS Trade in goods: country-by-commodity exports
Last updated: November 2022
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

Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.

See current trade barriers

See resolved trade barriers

Check duties and customs

Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.

See current duties and customs procedures

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.