International Trade Statistics Yearbook 2014, Volume I

Trade by Country

image of International Trade Statistics Yearbook 2014, Volume I

The 2014 International Trade Statistics Yearbook (2014 ITSY) is the sixty-third edition of this yearbook. Its objective is to inform about the detailed merchandise and services imports and exports of individual countries (areas) by commodity and service category and by partner country (volume I), the world trade in individual commodities (3-digit SITC groups) (volume II) and total world merchandise trade - up to the year 2014.




In 2014, the value of merchandise exports of Barbados increased slightly by 2.9 percent to reach 480.8 mln US$, while its merchandise imports decreased slightly by 1.6 percent to reach 1.7 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 1.3 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed North America at -553.6 mln US$ (see graph 4). Merchandise exports in Barbados were diversified amongst partners; while imports were relatively concentrated. The top 11 partners accounted for 80 percent or more of exports and 11 partners accounted for 80 percent or more of imports (see graph 5). In 2010, the value of exports of services of Barbados increased substantially by 34.2 percent, reaching 569.0 mln US$, while its imports of services decreased slightly by 3.5 percent and reached 661.0 mln US$ (see graph 2). There was a relatively small trade in services deficit of 92.0 mln US$.


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