Refined Petroleum in   Barbados

Exports In 2020, Barbados exported $73k in Refined Petroleum, making it the 174th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 184th most exported product in Barbados. The main destination of Refined Petroleum exports from Barbados are: Grenada ($51.3k), Bermuda ($15.9k), Saint Lucia ($2.07k), Bahamas ($1.45k), and Saint Vincent and the Grenadines ($1.12k).

The fastest growing export markets for Refined Petroleum of Barbados between 2019 and 2020 were Bermuda ($7.22k), Saint Lucia ($2.07k), and Bahamas ($1.45k).

Imports In 2020, Barbados imported $240M in Refined Petroleum, becoming the 129th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Barbados. Barbados imports Refined Petroleum primarily from: Trinidad and Tobago ($108M), United States ($79.9M), Netherlands ($31.8M), Saint Lucia ($3.87M), and France ($3.3M).

The fastest growing import markets in Refined Petroleum for Barbados between 2019 and 2020 were Saint Lucia ($3.45M), France ($2.89M), and Suriname ($2.3M).

Tariffs In 2013, the average tariff for Barbados in Refined Petroleum was 5.11%. The countries with the highest import tariffs for Refined Petroleum were Cyprus (Most Favoured Nation duty rate treatement, 5.43%), Austria (Most Favoured Nation duty rate treatement, 5.43%), Belgium (Most Favoured Nation duty rate treatement, 5.43%), Bulgaria (Most Favoured Nation duty rate treatement, 5.43%), and Czechia (Most Favoured Nation duty rate treatement, 5.43%).