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2022
Exports $1.65MWorld Rnk 39 / 131
Flag Rnk 34 / 746
2022
Destination $234k Guyana
2021 - 2022
FASTEST GROWING MARKET $234kTrinidad and Tobago
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $544kWorld Rnk 90 / 189
Flag Rnk 394 / 1102
2022
Origin $184k Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $184kSwitzerland

About

Exports In 2022, Barbados exported $1.65M in Bitumen and asphalt, making it the 39th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 34th most exported product in Barbados. The main destination of Bitumen and asphalt exports from Barbados are: Guyana ($1.15M), Trinidad and Tobago ($485k), and Montserrat ($18k).

The fastest growing export markets for Bitumen and asphalt of Barbados between 2021 and 2022 were Trinidad and Tobago ($234k) and Montserrat ($18k).

Imports In 2022, Barbados imported $544k in Bitumen and asphalt, becoming the 90th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 394th most imported product in Barbados. Barbados imports Bitumen and asphalt primarily from: Switzerland ($538k) and United States ($6.26k).

The fastest growing import markets in Bitumen and asphalt for Barbados between 2021 and 2022 were Switzerland ($184k).

Latest Trends

Oct 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 (2022)$1.65M
IMPORTS (2022)$544k
NET TRADE (2022)$1.11M

In 2022, Barbados exported $1.65M in Bitumen and asphalt. The main destinations of Barbados exports on Bitumen and asphalt were Guyana ($1.15M), Trinidad and Tobago ($485k), and Montserrat ($18k).

In 2022, Barbados imported $544k in Bitumen and asphalt, mainly from Switzerland ($538k) and United States ($6.26k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
Trinidad and Tobago$234k (93%)
Montserrat$18k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Barbados WERE (2021 - 2022):
Guyana-$639k (-35.8%)
Saint Vincent and the Grenadines-$69.3k (-100%)
Grenada-$764 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Barbados's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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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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