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2023
Exports $2.76MWorld Rnk 103 / 186
Flag Rnk 23 / 726
2023
Destination $1.86M Trinidad and Tobago
2022 - 2023
FASTEST GROWING MARKET $1.86MTrinidad and Tobago
2023
PRODUCT COMPLEXITY IN Raw Sugar-1.88Rnk 988 / 1025
2023
Imports $8.78MWorld Rnk 143 / 225
Flag Rnk 54 / 1100
2023
Origin $806k United Kingdom
2022 - 2023
FASTEST GROWING ORIGIN $806kColombia

About

Exports In 2023, Barbados exported $2.76M in Raw Sugar, making it the 103rd largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 23rd most exported product in Barbados. The main destination of Raw Sugar exports from Barbados are: Trinidad and Tobago ($2.4M), United States ($236k), Grenada ($73.3k), United Kingdom ($48.6k), and Ghana ($1.12k).

The fastest growing export markets for Raw Sugar of Barbados between 2022 and 2023 were Trinidad and Tobago ($1.86M), United States ($231k), and Grenada ($54.3k).

Imports In 2023, Barbados imported $8.78M in Raw Sugar, becoming the 143rd largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 54th most imported product in Barbados. Barbados imports Raw Sugar primarily from: United Kingdom ($3.27M), Colombia ($1.59M), Guatemala ($1.15M), Trinidad and Tobago ($1.08M), and United States ($919k).

The fastest growing import markets in Raw Sugar for Barbados between 2022 and 2023 were Colombia ($806k), Trinidad and Tobago ($210k), and Chile ($107k).

Latest Trends

Dec 2024

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 Raw Sugar. 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)$2.76M
IMPORTS (2023)$8.78M
NET TRADE (2023)-$6.02M

In 2023, Barbados exported $2.76M in Raw Sugar. The main destinations of Barbados exports on Raw Sugar were Trinidad and Tobago ($2.4M), United States ($236k), Grenada ($73.3k), United Kingdom ($48.6k), and Ghana ($1.12k).

In 2023, Barbados imported $8.78M in Raw Sugar, mainly from United Kingdom ($3.27M), Colombia ($1.59M), Guatemala ($1.15M), Trinidad and Tobago ($1.08M), and United States ($919k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Barbados WERE (2022 - 2023):
Trinidad and Tobago$1.86M (345%)
United States$231k (4.19k%)
Grenada$54.3k (286%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Barbados WERE (2022 - 2023):
Saint Lucia-$189k (-100%)
United Kingdom-$85.7k (-63.8%)
Cayman Islands-$931 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Barbados's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
Thailand $3.81B
In 2023, Barbados's main importing competitors in Raw Sugar were:
Indonesia $2.85B
United States $2.4B
China $2.24B

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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

See methodology.

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