HS Icon Laboratory Reagents in  Flag Barbados

2021
Exports | Imports
: $491k | $11.4M, World Rnk 92 / 210
Flag Rnk 80 / 728 | World Rnk 137 / 226
Flag Rnk 22 / 1093

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $89.2k | $2.16M, Italy |  United States

2021
PRODUCT COMPLEXITY IN Laboratory Reagents
: 1.44, Rnk 67 / 1029

Exports In 2021, Barbados exported $491k in Laboratory Reagents, making it the 92nd largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 80th most exported product in Barbados. The main destination of Laboratory Reagents exports from Barbados are: Antigua and Barbuda ($115k), Saint Vincent and the Grenadines ($113k), Italy ($89.2k), United States ($81.5k), and Grenada ($26.2k).

The fastest growing export markets for Laboratory Reagents of Barbados between 2020 and 2021 were Italy ($89.2k), United States ($71.1k), and Antigua and Barbuda ($64.3k).

Imports In 2021, Barbados imported $11.4M in Laboratory Reagents, becoming the 137th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 22nd most imported product in Barbados. Barbados imports Laboratory Reagents primarily from: United States ($5.32M), China ($1.34M), Italy ($1.09M), Panama ($930k), and United Kingdom ($697k).

The fastest growing import markets in Laboratory Reagents for Barbados between 2020 and 2021 were United States ($2.16M), China ($1.29M), and Italy ($1.09M).

Tariffs In 2013, the average tariff for Barbados in Laboratory Reagents was 4.21%. The countries with the highest import tariffs for Laboratory Reagents 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%).

Mar 2023

Subnational Monthly Trade

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The following visualization shows the latest trends on Laboratory Reagents. 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

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EXPORTS (2021): $491k

IMPORTS (2021): $11.4M

NET TRADE (2021): -$11M

In 2021, Barbados exported $491k in Laboratory Reagents. The main destinations of Barbados exports on Laboratory Reagents were Antigua and Barbuda ($115k), Saint Vincent and the Grenadines ($113k), Italy ($89.2k), United States ($81.5k), and Grenada ($26.2k).

In 2021, Barbados imported $11.4M in Laboratory Reagents, mainly from United States ($5.32M), China ($1.34M), Italy ($1.09M), Panama ($930k), and United Kingdom ($697k).

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THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Barbados WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Barbados WERE (2020 - 2021):

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Market Concentration

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In 2021, Barbados's main exporting competitors in Laboratory Reagents were:

In 2021, Barbados's main importing competitors in Laboratory Reagents were:

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