| December 2011 |
Total Exports To Barbados
| Rank | Commodity | Total YTD Exports |
|---|---|---|
1 | Low value shipments | $37,861,328 |
2 | Jewelry, parts | $17,503,072 |
3 | Landline, cellular phone equipment | $13,759,487 |
4 | Soybeans, whether broken or not | $10,918,003 |
5 | Computers | $9,822,474 |
6 | Wood, sawed or chipped, greater than 6 meters thic | $9,541,141 |
7 | Corn | $8,619,414 |
8 | Printers, all types, parts | $7,329,111 |
9 | Wheat, meslin | $6,301,110 |
10 | Prepared foods, beverages | $6,136,835 |
Total Imports From Barbados
| Rank | Commodity | Total YTD Imports |
|---|---|---|
1 | Rum, gin, vodka, other liquors | $16,373,250 |
2 | Electrical resistors, except heating resistors | $6,399,319 |
3 | Orthopedic appliances, artificial body parts | $4,570,504 |
4 | Imports of returned exports | $3,502,251 |
5 | Ethyl alcohol | $3,227,588 |
6 | Gold | $3,031,902 |
7 | Bread, pastry, cakes | $2,375,717 |
8 | Scrap of precious metal | $997,000 |
9 | Tarpaulins, sails, awnings, tents, etc. | $654,569 |
10 | Salvage | $586,205 |
| December 2011 |
Top Barbados Trading Partners
| Rank | District | Total YTD |
|---|---|---|
1 | Miami | $289,111,663 |
2 | New Orleans | $46,200,431 |
3 | Low Value Shipments | $38,447,533 |
4 | New York City | $28,104,030 |
5 | Jacksonville/Tampa | $24,865,547 |
6 | San Juan | $17,416,751 |
7 | Mobile | $10,967,080 |
8 | Houston | $8,971,058 |
9 | Atlanta/Savannah | $6,356,354 |
10 | Cleveland | $4,176,022 |
Top US Trading Partners
| Rank | Country | Total YTD |
|---|---|---|
1 | CANADA | $597,274,944,549 |
2 | CHINA | $503,213,619,839 |
3 | MEXICO | $460,649,477,741 |
4 | JAPAN | $194,979,609,039 |
5 | GERMANY | $147,534,677,099 |
6 | UNITED KINGDOM | $107,139,897,120 |
7 | SOUTH KOREA | $100,140,537,899 |
8 | BRAZIL | $74,315,279,527 |
9 | FRANCE | $67,827,737,671 |
10 | TAIWAN | $67,226,178,764 |
Barbados’s trade rose to $485,183,973 through December
Barbados’s trade with the United States rose to $485,183,973 through the first 12 months of 2011, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 10.10 percent above its total trade during the same time period last year. Barbados’s exports increased 10.27 percent while imports rose 8.53 percent. The U.S. surplus with Barbados was $392,249,255.
Through December, Barbados’s top U.S. Customs districts for total imports and exports were No. 1 Miami, No. 2 New Orleans, No. 3 Low Value Shipments, No. 4 New York City and No. 5 Jacksonville/Tampa compared to last year when the top spots were held by No. 1 Miami, No. 2 New Orleans, No. 3 Low Value Shipments, No. 4 Jacksonville/Tampa and No. 5 New York City. In the current time period, the top five accounted for 13.70 percent of Barbados’s U.S. trade.. That compares to 3.27 percent for the nation’s top five Customs districts during the same time period.Taking a closer look at the leading U.S. gateways for U.S. trade with Barbados,:
- Trade with No. 1 Miami rose 11.52 percent to $289,111,663.
Exports rose 11.45 percent to $269,292,095. Imports rose 12.56 percent to $19,819,568. - Trade with No. 2 New Orleans rose 4.65 percent to $46,200,431.
Exports rose 12.30 percent to $39,421,718. Imports fell -25.03 percent to $6,778,713. - Trade with No. 3 Low Value Shipments rose 8.63 percent to $38,447,533.
Exports rose 9.11 percent to $37,861,328. Imports fell -15.59 percent to $586,205. - Trade with No. 4 New York City rose 35.19 percent to $28,104,030.
Exports fell -1.65 percent to $12,831,106. Imports rose 97.24 percent to $15,272,924. - Trade with No. 5 Jacksonville/tampa rose 12.75 percent to $24,865,547.
Exports rose 7.69 percent to $23,603,973. Imports rose 833.74 percent to $1,261,574.
Through December, 25 Customs districts posted trade surpluses with Barbados while 7 had deficits. That compares with 27 surpluses and 8 deficits for the same period one year ago. The top surplus was with Miami at $249,472,527, the largest deficit was with New York City at $-2,441,818.
Meanwhile, total U.S. trade with the world increased to $3,687,481,148,857, up 15.61 percent compared to the same period last year. The nation’s exports climbed 6.37 percent to $203,048,192,676; imports rose 9.24 percent to $294,837,399,059. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit was $-726,376,899,731, up compared to the same period of last year when the deficit was $-634,587,693,348.
The top five U.S. exports to Barbados by value through December were low value shipments; jewelry, parts; landline, cellular phone equipment; soybeans, whether broken or not; and computers, respectively. They accounted for 20.48 percent of total exports to Barbados.
The value of the top five U.S. imports from Barbados -- rum, gin, vodka, other liquors; electrical resistors, except heating resistors; orthopedic appliances, artificial body parts; imports of returned exports; and ethyl alcohol -- accounted for 73.33 percent of all inbound shipments.
Looking more closely at U.S. exports to Barbados:
- Low value shipments rose 9.11 percent compared to last year to $37,861,328.
- Jewelry, parts rose 59.14 percent compared to last year to $17,503,072.
- Landline, cellular phone equipment fell -4.26 percent compared to last year to $13,759,487.
- Soybeans, whether broken or not rose 39.52 percent compared to last year to $10,918,003.
- Computers fell -15.46 percent compared to last year to $9,822,474.
Looking more closely at U.S. imports from Barbados
- Rum, gin, vodka, other liquors rose 40.25 percent compared to last year to $16,373,250.
- Electrical resistors, except heating resistors rose 14.75 percent compared to last year to $6,399,319.
- Orthopedic appliances, artificial body parts fell -19.25 percent compared to last year to $4,570,504.
- Imports of returned exports fell -24.92 percent compared to last year to $3,502,251.
- Ethyl alcohol fell -41.77 percent compared to last year to $3,227,588.
In the latest annual figures available, Barbados recorded $440,676,482 in trade with the United States. At year’s end, its top five Customs districts were Miami, New Orleans, Low Value Shipments, Jacksonville/Tampa and New York City. Total U.S. exports to Barbados were $397,862,695 and imports from Barbados were $42,813,787. The U.S. surplus with Barbados was $355,048,908.