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Exports In 2022, Barbados exported $250k in Concentrated Milk, making it the 116th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 136th most exported product in Barbados. The main destination of Concentrated Milk exports from Barbados are: Trinidad and Tobago ($186k), Guyana ($36.5k), Dominica ($16.1k), Grenada ($6.81k), and Antigua and Barbuda ($2.87k).

The fastest growing export markets for Concentrated Milk of Barbados between 2021 and 2022 were Trinidad and Tobago ($162k), Dominica ($16.1k), and Grenada ($6.5k).

Imports In 2022, Barbados imported $8.47M in Concentrated Milk, becoming the 137th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 44th most imported product in Barbados. Barbados imports Concentrated Milk primarily from: United Kingdom ($2.8M), New Zealand ($2.47M), Netherlands ($1.07M), Germany ($637k), and Trinidad and Tobago ($429k).

The fastest growing import markets in Concentrated Milk for Barbados between 2021 and 2022 were United States ($228k), Malaysia ($185k), and Trinidad and Tobago ($151k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Concentrated Milk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$250k
IMPORTS (2022)$8.47M
NET TRADE (2022)-$8.22M

In 2022, Barbados exported $250k in Concentrated Milk. The main destinations of Barbados exports on Concentrated Milk were Trinidad and Tobago ($186k), Guyana ($36.5k), Dominica ($16.1k), Grenada ($6.81k), and Antigua and Barbuda ($2.87k).

In 2022, Barbados imported $8.47M in Concentrated Milk, mainly from United Kingdom ($2.8M), New Zealand ($2.47M), Netherlands ($1.07M), Germany ($637k), and Trinidad and Tobago ($429k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
Dominica$16.1k (59.5k%)
Grenada$6.5k (2.12k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Barbados WERE (2021 - 2022):
Antigua and Barbuda-$66.9k (-95.9%)
Guyana-$5.63k (-13.4%)
Saint Lucia-$90 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Barbados's main exporting competitors in Concentrated Milk were:
In 2022, Barbados's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

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Concentrated Milk’s highest export potential is N/A. With an export gap of N/A.   Concentrated Milk’s highest import potential is N/A with an import gap of N/A.

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