This article presents Barbados's international trade in goods and services using balance-of-payments export and import indicators.
Goods exports from Barbados were valued at $705.1 million in 2017, while service exports totaled $1.52 billion. Goods represented 31.6% of total exports and services accounted for 68.4%. Goods imports reached $1.53 billion, compared with service imports of $687.0 million. The goods trade balance was -$820.9 million, and the services trade balance was $835.9 million.
Barbados Goods and Services Trade by Year
Data source: World Bank, World Development Indicators — Goods exports, BoP, current US$ (BX.GSR.MRCH.CD); Goods imports, BoP, current US$ (BM.GSR.MRCH.CD); Service exports, BoP, current US$ (BX.GSR.NFSV.CD); Service imports, BoP, current US$ (BM.GSR.NFSV.CD); Net trade in goods and services, BoP, current US$ (BN.GSR.GNFS.CD).
License: CC BY-4.0. Retrieved 2026-07-12.
About the Indicators
Goods exports, balance of payments, current US$. The value of merchandise (physical goods) sold abroad, as recorded in the balance of payments.
Goods imports, balance of payments, current US$. The value of merchandise (physical goods) purchased from abroad, as recorded in the balance of payments.
Service exports, balance of payments, current US$. The value of services sold abroad (transport, travel, financial, IT and other services), as recorded in the balance of payments.
Service imports, balance of payments, current US$. The value of services purchased from abroad, as recorded in the balance of payments.
Net trade in goods and services, balance of payments, current US$. Exports minus imports of goods and services, as recorded in the balance of payments.