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Exports In 2022, Barbados exported $10.5M in Petroleum bitumen, making it the 52nd largest exporter of Petroleum bitumen in the world. At the same year, Petroleum bitumen was the 10th most exported product in Barbados. The main destination of Petroleum bitumen exports from Barbados are: Trinidad and Tobago ($7.84M), Guyana ($2.41M), Saint Lucia ($186k), Saint Vincent and the Grenadines ($41.1k), and Montserrat ($17.6k).

The fastest growing export markets for Petroleum bitumen of Barbados between 2021 and 2022 were Trinidad and Tobago ($6.37M), Guyana ($261k), and Montserrat ($17.6k).

Imports In 2022, Barbados imported $151k in Petroleum bitumen, becoming the 168th largest importer of Petroleum bitumen in the world. At the same year, Petroleum bitumen was the 1198th most imported product in Barbados. Barbados imports Petroleum bitumen primarily from: Poland ($142k) and Belgium ($8.92k).

The fastest growing import markets in Petroleum bitumen for Barbados between 2021 and 2022 were Poland ($142k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (21) and Diageo Beverages (5) were at the forefront of shipping Petroleum bitumen from Barbados to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Petroleum bitumen. 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)$10.5M
IMPORTS (2022)$151k
NET TRADE (2022)$10.3M

In 2022, Barbados exported $10.5M in Petroleum bitumen. The main destinations of Barbados exports on Petroleum bitumen were Trinidad and Tobago ($7.84M), Guyana ($2.41M), Saint Lucia ($186k), Saint Vincent and the Grenadines ($41.1k), and Montserrat ($17.6k).

In 2022, Barbados imported $151k in Petroleum bitumen, mainly from Poland ($142k) and Belgium ($8.92k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum bitumen EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
Trinidad and Tobago$6.37M (432%)
Guyana$261k (12.1%)
Montserrat$17.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum bitumen BY Barbados WERE (2021 - 2022):
Saint Lucia-$126k (-40.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Barbados's main exporting competitors in Petroleum bitumen were:
In 2022, Barbados's main importing competitors in Petroleum bitumen were:

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Trade Value of Petroleum bitumen by Exporters

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