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Exports In 2022, Barbados exported $12.7M in Precious Metals, making it the 149th largest exporter of Precious Metals in the world. At the same year, Precious Metals was the 10th most exported product in Barbados. The main destination of Precious Metals exports from Barbados are: United States ($12.5M), United Kingdom ($57.4k), Saint Lucia ($20.8k), Canada ($19.3k), and Antigua and Barbuda ($17.1k).

The fastest growing export markets for Precious Metals of Barbados between 2021 and 2022 were United States ($2.92M), United Kingdom ($36.3k), and Cape Verde ($15k).

Imports In 2022, Barbados imported $19.8M in Precious Metals, becoming the 129th largest importer of Precious Metals in the world. At the same year, Precious Metals was the 17th most imported product in Barbados. Barbados imports Precious Metals primarily from: United States ($8.34M), Guyana ($6.86M), Switzerland ($3.56M), Canada ($314k), and Antigua and Barbuda ($226k).

The fastest growing import markets in Precious Metals for Barbados between 2021 and 2022 were Guyana ($6.86M), Switzerland ($2.27M), and United States ($625k).

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 Precious Metals. 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)$12.7M
IMPORTS (2022)$19.8M
NET TRADE (2022)-$7.03M

In 2022, Barbados exported $12.7M in Precious Metals. The main destinations of Barbados exports on Precious Metals were United States ($12.5M), United Kingdom ($57.4k), Saint Lucia ($20.8k), Canada ($19.3k), and Antigua and Barbuda ($17.1k).

In 2022, Barbados imported $19.8M in Precious Metals, mainly from United States ($8.34M), Guyana ($6.86M), Switzerland ($3.56M), Canada ($314k), and Antigua and Barbuda ($226k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

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THE FASTEST GROWING Precious Metals EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
United States$2.92M (30.6%)
United Kingdom$36.3k (172%)
Cape Verde$15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metals BY Barbados WERE (2021 - 2022):
Cayman Islands-$28k (-100%)
Aruba-$19.6k (-56.6%)
United Arab Emirates-$17.4k (-54.2%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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In 2022, Barbados's main exporting competitors in Precious Metals were:
In 2022, Barbados's main importing competitors in Precious Metals were:

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Trade Value of Precious Metals by Exporters

Potential Exports

Potential Exports

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

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