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2022
Exports $330kWorld Rnk 99 / 186
Flag Rnk 124 / 746
2022
Destination $314k United States
2021 - 2022
FASTEST GROWING MARKET $314kUnited States
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts-0.5Rnk 703 / 1025
2022
Imports $856kWorld Rnk 169 / 221
Flag Rnk 314 / 1102
2022
Origin $135k United States
2021 - 2022
FASTEST GROWING ORIGIN $135kUnited States

About

Exports In 2022, Barbados exported $330k in Coffee and Tea Extracts, making it the 99th largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 124th most exported product in Barbados. The main destination of Coffee and Tea Extracts exports from Barbados are: United States ($314k) and Antigua and Barbuda ($16.8k).

The fastest growing export markets for Coffee and Tea Extracts of Barbados between 2021 and 2022 were United States ($314k) and Antigua and Barbuda ($6.92k).

Imports In 2022, Barbados imported $856k in Coffee and Tea Extracts, becoming the 169th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 314th most imported product in Barbados. Barbados imports Coffee and Tea Extracts primarily from: United States ($245k), Colombia ($214k), Trinidad and Tobago ($209k), Jamaica ($86.9k), and Poland ($38.5k).

The fastest growing import markets in Coffee and Tea Extracts for Barbados between 2021 and 2022 were United States ($135k), Colombia ($94.9k), and Jamaica ($77.6k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 Coffee and Tea Extracts. 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)$330k
IMPORTS (2022)$856k
NET TRADE (2022)-$525k

In 2022, Barbados exported $330k in Coffee and Tea Extracts. The main destinations of Barbados exports on Coffee and Tea Extracts were United States ($314k) and Antigua and Barbuda ($16.8k).

In 2022, Barbados imported $856k in Coffee and Tea Extracts, mainly from United States ($245k), Colombia ($214k), Trinidad and Tobago ($209k), Jamaica ($86.9k), and Poland ($38.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
United States$314k (1%)
Antigua and Barbuda$6.92k (69.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Barbados WERE (2021 - 2022):
Saint Vincent and the Grenadines-$1.87k (-100%)
Saint Lucia-$647 (-100%)
Canada-$182 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Coffee and Tea Extracts were:
Germany $992M
Brazil $722M
Spain $609M
In 2022, Barbados's main importing competitors in Coffee and Tea Extracts were:
United States $945M
Germany $594M
Philippines $539M

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Coffee and Tea Extracts’s highest export potential is N/A. With an export gap of N/A.   Coffee and Tea Extracts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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