Lifting Machinery in   Barbados

Exports In 2021, Barbados exported $608k in Lifting Machinery, making it the 96th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 69th most exported product in Barbados. The main destination of Lifting Machinery exports from Barbados are: Germany ($550k), Sweden ($43.9k), Italy ($11.8k), and Grenada ($2.18k).

The fastest growing export markets for Lifting Machinery of Barbados between 2020 and 2021 were Germany ($550k), Sweden ($43.9k), and Italy ($11.8k).

Imports In 2021, Barbados imported $11.9M in Lifting Machinery, becoming the 112th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 19th most imported product in Barbados. Barbados imports Lifting Machinery primarily from: Ireland ($7.89M), United States ($2.74M), China ($680k), Canada ($183k), and Mexico ($132k).

The fastest growing import markets in Lifting Machinery for Barbados between 2020 and 2021 were Ireland ($7.89M), United States ($1.89M), and China ($258k).

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