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2023
Exports $607kWorld Rnk 53 / 125
Flag Rnk 80 / 726
2023
Destination $252k Guyana
2022 - 2023
FASTEST GROWING MARKET $252kDominica
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.77Rnk 776 / 1025
2023
Imports $377kWorld Rnk 99 / 188
Flag Rnk 436 / 1100
2023
Origin $176 Switzerland
2022 - 2023
FASTEST GROWING ORIGIN $176United States

About

Exports In 2023, Barbados exported $607k in Bitumen and asphalt, making it the 53rd largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 80th most exported product in Barbados. The main destination of Bitumen and asphalt exports from Barbados are: Guyana ($302k), Dominica ($253k), Grenada ($29.7k), and Saint Vincent and the Grenadines ($22.6k).

The fastest growing export markets for Bitumen and asphalt of Barbados between 2022 and 2023 were Dominica ($252k) and Grenada ($29.7k).

Imports In 2023, Barbados imported $377k in Bitumen and asphalt, becoming the 99th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 436th most imported product in Barbados. Barbados imports Bitumen and asphalt primarily from: Switzerland ($369k) and United States ($7.59k).

The fastest growing import markets in Bitumen and asphalt for Barbados between 2022 and 2023 were United States ($176).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bitumen and asphalt. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$607k
IMPORTS (2023)$377k
NET TRADE (2023)$230k

In 2023, Barbados exported $607k in Bitumen and asphalt. The main destinations of Barbados exports on Bitumen and asphalt were Guyana ($302k), Dominica ($253k), Grenada ($29.7k), and Saint Vincent and the Grenadines ($22.6k).

In 2023, Barbados imported $377k in Bitumen and asphalt, mainly from Switzerland ($369k) and United States ($7.59k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Barbados WERE (2022 - 2023):
Dominica$252k (51.3k%)
Grenada$29.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Barbados WERE (2022 - 2023):
Guyana-$967k (-76.2%)
Trinidad and Tobago-$533k (-100%)
Saint Vincent and the Grenadines-$61.8k (-73.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Barbados's main exporting competitors in Bitumen and asphalt were:
United States $131M
Iraq $114M
Bahrain $52.7M
In 2023, Barbados's main importing competitors in Bitumen and asphalt were:
United Arab Emirates $140M
France $123M
Uruguay $60.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Bitumen and asphalt’s highest export potential is N/A. With an export gap of N/A.   Bitumen and asphalt’s highest import potential is N/A with an import gap of N/A.

See methodology.

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