Caribbean Export OUTLOOK 3rd Edition

Appendix 130

BARBADOS

BELIZE

292,336

360,346

Population

Population

$4.821 billion

$1.819 billion

GDP (USD)

GDP (USD)

$17,500

$8,300

GDP Per Capita (USD)

GDP Per Capita (USD)

Agriculture – 1.6% Industry – 11.2% Services – 87.1% (2017 est)

Agriculture – 9.7% Industry – 13.8% Services – 62.2% (2017 est)

GDP Contribution by Sector

GDP Contribution by Sector

$2.00

$2.00

Official Exchange Rate (per US Dollar) Merchandise Trade Export Value (USD thousand) Top 5 Exports (2017)

Official Exchange Rate (per US Dollar) Merchandise Trade Export Value (USD thousand) Top 5 Exports (2017)

$485,388

$293,256

1.

Mineral fuels and oils, distillation products, etc Beverages, spirits and vinegar Pharmaceutical products Optical, photo, technical, medical, etc apparatus Pearls, Precious Stones, Precious metals and articles thereof

1. United States of America – 26.8% 2. United Kingdom – 26.2% 3. Netherlands – 8.5% 4. Jamaica – 5.1% 5. Italy – 4.8% Sugars and sugar confectionery Edible fruit, nuts, peel of citrus fruit, melons Vegetable, fruit, nut, etc food preparations Mineral fuels, oils, distillation products etc Fish, crustaceans, molluscs, aquatic invertebrates etc 1. 2. 3. 4. 5. 1. United States of America – 35.9% 2. China – 11.3% 3. Mexico– 11.2% 4. Curaçao– 7.6% 5. Guatemala – 7% Mineral fuels, oils, distillation products etc Machinery, nuclear reactors, boilers etc Electrical, electronic equipment Vehicles Tobacco and manufactured substitutes 1. 2. 3. 4. 5. $907, 654

2. 3. 4.

5.

1. United States of America – 25.8% 2. Trinidad and Tobago – 7.5%

Top 5 Export Partners and (%) share in total exports

Top 5 Export Partners and (%) share in total exports

3. Jamaica – 5.9% 4. Guyana – 4.9% 5. Saint Lucia – 3.8%

$1,599,597

Merchandise Trade Import Value (USD thousand)

Merchandise Trade Import Value (USD thousand)

Top 5 Imports (2017)

Top 5 Imports (2017)

1. United States of America – 39.5% 2. Trinidad and Tobago – 16.8% 3. China – 5.8% 4. United Kingdom – 4% 5. Japan – 2.8% Mineral fuels, oils, distillation products, etc Machinery, nuclear reactors, boilers Electrical, electronic equipment Vehicles Plastics and articles thereof 1. 2. 3. 4. 5.

Top 5 Imports Partners and (%) share in total imports

Top 5 Imports Partners and (%) share in total imports

132

Ease of doing business rank (out of 190 economies)

121

Ease of doing business rank (out of 190 economies)

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