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Exports In 2023, Barbados exported $14.8M in Margarine, making it the 48th largest exporter of Margarine in the world. At the same year, Margarine was the 5th most exported product in Barbados. The main destination of Margarine exports from Barbados are: Trinidad and Tobago ($6.36M), Saint Lucia ($3.15M), Saint Vincent and the Grenadines ($1.23M), Guyana ($787k), and Antigua and Barbuda ($753k).

The fastest growing export markets for Margarine of Barbados between 2022 and 2023 were Trinidad and Tobago ($1.58M), Saint Lucia ($722k), and Saint Vincent and the Grenadines ($377k).

Imports In 2023, Barbados imported $6.41M in Margarine, becoming the 125th largest importer of Margarine in the world. At the same year, Margarine was the 85th most imported product in Barbados. Barbados imports Margarine primarily from: Sweden ($5.3M), United States ($614k), Trinidad and Tobago ($141k), Malaysia ($138k), and Hong Kong ($68.7k).

The fastest growing import markets in Margarine for Barbados between 2022 and 2023 were Sweden ($4.8M), Hong Kong ($68.7k), and United States ($67.7k).

Latest Trends

Jan 2025

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 Margarine. 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)$14.8M
IMPORTS (2023)$6.41M
NET TRADE (2023)$8.38M

In 2023, Barbados exported $14.8M in Margarine. The main destinations of Barbados exports on Margarine were Trinidad and Tobago ($6.36M), Saint Lucia ($3.15M), Saint Vincent and the Grenadines ($1.23M), Guyana ($787k), and Antigua and Barbuda ($753k).

In 2023, Barbados imported $6.41M in Margarine, mainly from Sweden ($5.3M), United States ($614k), Trinidad and Tobago ($141k), Malaysia ($138k), and Hong Kong ($68.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Barbados WERE (2022 - 2023):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Barbados WERE (2022 - 2023):
Guyana-$115k (-12.8%)
Canada-$2.94k (-61.8%)
Ghana-$334 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Barbados's main exporting competitors in Margarine were:
In 2023, Barbados's main importing competitors in Margarine were:
China $1.08B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

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

See methodology.

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