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Who does Barbados rely on?

The largest supplier of Barbados in 2024 is the United States, with 31.7% of what Barbados buys. Its share was 33.7% in 2019 and 36% in 1995. 191 of the 302 products Barbados buys for more than $1 million have a supplier selling more than 50% of what Barbados buys of that product; in 77, more than 75%. In those products, purchases from each one’s dominant supplier add up to 48.6% of what Barbados buys.

Summary

Largest supplier: United States
31.7%
Concentration (HHI)
1,525
Products with a supplier above 50%
191
Products with a supplier above 75%
77

Concentration index (HHI): 1,525 out of 10,000; equivalent to splitting purchases among 7 suppliers of the same size

Trend

Trend in shares

Guyana went from 0% to 10% of what Barbados buys

Share (%)

  • United States 31.7%
  • Trinidad and Tobago 18.1%
  • Guyana 10%
  • Netherlands 5.3%
  • United Kingdom 4%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995United States36%
1996United States36.6%
1997United States37.4%
1998United States39.4%
1999United States40.5%
2000Japan42.2%
2001United States37.4%
2002United States39.4%
2003United States34.4%
2004United States35.7%
2005United States33%
2006United States33.7%
2007United States37.3%
2008United States28.2%
2009Nigeria41.9%
2010Nigeria30.1%
2011Nigeria60.1%
2012Nigeria66.6%
2013United States28.5%
2014United States31%
2015United States37.1%
2016United States37.5%
2017United States35%
2018United States36.7%
2019United States33.7%
2020United States39.9%
2021United States42.4%
2022United States38.2%
2023United States32.2%
2024United States31.7%

Its suppliers

  1. United States$799 million · 31.7%
  2. Trinidad and Tobago$455 million · 18.1%
  3. Guyana$252 million · 10%
  4. Netherlands$133 million · 5.3%
  5. United Kingdom$101 million · 4%
  6. China$100 million · 4%
  7. Japan$95 million · 3.8%
  8. Panama$49 million · 2%
  9. Canada$47 million · 1.9%
  10. Dominican Republic$34 million · 1.4%

Some of these goods may have been produced in another country: countries record origin in different ways.

Products with a dominant supplier

Of the 302 products Barbados buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
Refined petroleumTrinidad and Tobago69.8%Netherlands · 19.3%$485 million
Crude petroleumGuyana100%over 75%—$234 million
Medicines in measured doses or retail packsPanama56.9%United States · 11.8%$44 million
Cargo and cruise shipsJapan71.2%Poland · 28.6%$43 million
Other food preparationsUnited States55.4%Costa Rica · 24.6%$28 million
FurnitureUnited States57%China · 14%$25 million
ComputersUnited States89.7%over 75%Canada · 3.5%$23 million
MolassesDominican Republic84.5%over 75%United States · 12.2%$21 million
Natural gas and LPGUnited States60%Trinidad and Tobago · 23%$21 million
Soft drinksTrinidad and Tobago63.8%United States · 16.4%$16 million
Refrigerators, freezers and heat pumpsUnited States71.8%Mexico · 3.8%$14 million
Transformers and power suppliesUnited States66.4%Colombia · 6.7%$14 million
SoybeansUnited States100%over 75%Poland · 0%$14 million
Cameras and broadcast equipmentUnited States92.5%over 75%United Kingdom · 1.6%$13 million
Other plastic articlesUnited States69.1%Germany · 7.1%$13 million
Air pumps, compressors and fansUnited States66.5%China · 9.6%$12 million
Monitors and projectorsUnited States77.9%over 75%China · 7.7%$12 million
Cables and wireUnited States59.4%Trinidad and Tobago · 9.4%$12 million
Cabbage, cauliflower and broccoliUnited States99.5%over 75%United Kingdom · 0.19%$12 million
Yachts and pleasure boatsUnited States64.1%France · 11.9%$12 million
Sawn woodUnited States72.7%Guyana · 14.2%$12 million
Plastic pipes and hosesUnited States56.1%Trinidad and Tobago · 19.3%$10 million
Shipping containersGuyana72.4%United States · 11.5%$10 million
Centrifuges and filtersUnited States75.6%over 75%Canada · 3.7%$10 million
Eggs in shellUnited States82.8%over 75%Netherlands · 8.7%$9 million

and 166 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: United States
23.4%
Concentration (HHI)
860

Concentration index (HHI): 860 out of 10,000; equivalent to splitting sales among 12 customers of the same size

Trend in shares

The United Kingdom went from 25.8% to 6.3% of what Barbados sells

Share (%)

  • United States 23.4%
  • Jamaica 7.7%
  • Trinidad and Tobago 6.8%
  • United Kingdom 6.3%
  • Canada 5.8%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995United Kingdom25.8%
1996United Kingdom43.4%
1997United States17.6%
1998United States18.5%
1999United States22.9%
2000Japan57.1%
2001Guatemala22.1%
2002Guatemala27.6%
2003Guatemala39.1%
2004Guatemala44.8%
2005Slovenia18.7%
2006Slovenia19.2%
2007Slovenia23.8%
2008Nigeria30.8%
2009Nigeria65.1%
2010Nigeria62.9%
2011Nigeria63.3%
2012Nigeria39.9%
2013United States16.2%
2014Bahamas16.2%
2015United States32.9%
2016United States32.2%
2017United States21.7%
2018United States18.4%
2019United States20.2%
2020United States16.1%
2021United States18.8%
2022United States22.5%
2023United States20.9%
2024United States23.4%

34 of the 53 products Barbados sells for more than $1 million have a customer buying more than 50% of what Barbados sells of that product; in 21, more than 75%. In those products, sales to each one’s dominant customer add up to 32.5% of what Barbados sells.

ProductCustomerShareSecondValue
Refined petroleumUnited States50.5%United Kingdom · 49.4%$37 million
Cargo and cruise shipsPoland100%over 75%—$20 million
Ferrous scrapCanada64.9%United Arab Emirates · 10.8%$15 million
Crude petroleumJamaica100%over 75%Sweden · 0%$14 million
Natural gas and LPGHonduras100%over 75%—$12 million
Orthopedic and hearing devicesUnited States59.5%China · 25.8%$9 million
JewelryUnited States94.6%over 75%Curaçao · 1.3%$7 million
TrailersUnited States98.2%over 75%Germany · 1.3%$7 million
Ethyl alcohol (ethanol)Canada55.1%Jamaica · 23.4%$6 million
Gravel and crushed stoneGuyana92.8%over 75%Saint Lucia · 6.9%$5 million
Aircraft partsUnited States80.8%over 75%Canada · 11.7%$5 million
Petroleum coke and bitumenTrinidad and Tobago73.3%Guyana · 15.6%$4 million
Other wristwatchesUnited States96.7%over 75%United Kingdom · 0.81%$4 million
Paper boxes and packagingCanada69.1%Guyana · 19.1%$4 million
Steel tanks and containersJamaica89.3%over 75%United Kingdom · 4%$4 million

and 19 more

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
84Mali1,536
85Grenada1,526
86Barbados1,525
87Colombia1,457
88Kiribati1,438
89Uzbekistan1,434

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.