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Exports In 2023, Barbados exported $264k in Coffee and Tea Extracts, making it the 103rd largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 129th most exported product in Barbados. The main destination of Coffee and Tea Extracts exports from Barbados are: United States ($251k), Antigua and Barbuda ($12.9k), Dominica ($237), and Fiji ($31).

The fastest growing export markets for Coffee and Tea Extracts of Barbados between 2022 and 2023 were Fiji ($31).

Imports In 2023, Barbados imported $1.88M in Coffee and Tea Extracts, becoming the 155th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 212th most imported product in Barbados. Barbados imports Coffee and Tea Extracts primarily from: Trinidad and Tobago ($1.34M), Colombia ($201k), United States ($192k), United Kingdom ($32.6k), and Turkey ($31.1k).

The fastest growing import markets in Coffee and Tea Extracts for Barbados between 2022 and 2023 were Trinidad and Tobago ($218k), United Kingdom ($9.46k), and United States ($6k).

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 Coffee and Tea Extracts. 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)$264k
IMPORTS (2023)$1.88M
NET TRADE (2023)-$1.62M

In 2023, Barbados exported $264k in Coffee and Tea Extracts. The main destinations of Barbados exports on Coffee and Tea Extracts were United States ($251k), Antigua and Barbuda ($12.9k), Dominica ($237), and Fiji ($31).

In 2023, Barbados imported $1.88M in Coffee and Tea Extracts, mainly from Trinidad and Tobago ($1.34M), Colombia ($201k), United States ($192k), United Kingdom ($32.6k), and Turkey ($31.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Barbados WERE (2022 - 2023):Fiji$31 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Barbados WERE (2022 - 2023):
United States-$62.2k (-19.8%)
Antigua and Barbuda-$7.24k (-36%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Barbados's main exporting competitors in Coffee and Tea Extracts were:
Germany $1.05B
Spain $700M
In 2023, Barbados's main importing competitors in Coffee and Tea Extracts were:

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

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N/A
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Coffee and Tea Extracts’s highest export potential is N/A. With an export gap of N/A.   Coffee and Tea Extracts’s highest import potential is N/A with an import gap of N/A.

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