Crude Petroleum in   Barbados

Exports In 2021, Barbados exported $6.09M in Crude Petroleum, making it the 96th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 15th most exported product in Barbados. The main destination of Crude Petroleum exports from Barbados are: Jamaica ($6.09M) and Sweden ($101).

Imports In 2021, Barbados imported $277M in Crude Petroleum, becoming the 66th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Barbados. Barbados imports Crude Petroleum primarily from: Guyana ($276M) and Jamaica ($1.76M).

The fastest growing import markets in Crude Petroleum for Barbados between 2020 and 2021 were Guyana ($152M) and Jamaica ($1.76M).

Tariffs In 2013, the average tariff for Barbados in Crude Petroleum was 4.21%. The countries with the highest import tariffs for Crude Petroleum were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).