Market research

Coconuts, Brazil nuts and cashews market in Barbados

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market volume for coconuts, Brazil nuts and cashews in Barbados increased from 2 713 t in 2018 to 2 804 t in 2023, reflecting overall growth despite year-to-year variations. Domestic production was consistently at 2 400 t from 2018 through 2022, before edging up to 2 419 t in 2023, while imports oscillated between 314 t and 385 t, acting as the main variable influencing total market size.

After reaching 2 773 t in 2020, the market saw a slight dip to 2 751 t in 2021 and 2 728 t in 2022, corresponding to lower import figures in those years. The market rebounded in 2023, climbing to 2 804 t as imports rose to 385 t and domestic production posted its only increase of the period. Exports were negligible throughout, so changes in market volume were almost entirely determined by the balance of local output and import inflows.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Barbados
  1. 5.1.1. Annual dynamics of production in Barbados in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Barbados in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Barbados in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Barbados by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Barbados in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Barbados by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Barbados, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Barbados by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Barbados in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Barbados by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Barbados in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Barbados by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Barbados, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Barbados by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Barbados by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Barbados in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Barbados by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Barbados, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Barbados by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Barbados by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Barbados in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Barbados by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Barbados, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Barbados by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coconuts, Brazil nuts and cashews in Barbados

In kind, 2017-2020, t

Top producers of coconuts, Brazil nuts and cashews, 2017-2020

Source: SHEV.io

World map of production of coconuts, Brazil nuts and cashews, 2017-2020

Source: SHEV.io

In 2020, Barbados produced 2 400 tonnes of coconuts, Brazil nuts, and cashews, maintaining the same level as in 2019. Looking back over the period from 2017 to 2020, production grew by 50%, which translates to an annualized growth rate of 14.5%. The highest production volume was recorded in 2018 at 2 400 tonnes. The most significant decline occurred in 2019, with a 0.0% change, while the largest increase was in 2018, at 50.0%.

Annual dynamics of production in Barbados in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	50.0%	-	-	14.5%

Source: SHEV.io

Exports coconuts, Brazil nuts and cashews from Barbados

Exports in kind, t

Barbados experienced a second consecutive year of decline in exports of coconuts, Brazil nuts, and cashews. In 2019, exports amounted to 0.4 tonnes, marking a sharp decrease of 53.3% compared to the previous year. Over the period from 2017 to 2019, exports fell by 84.7%, with a compound annual growth rate (CAGR) of -46.5%.

Annual dynamics of product's exports from Barbados in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(67.2%)	(53.3%)	n/a	-

Source: SHEV.io

From 2017 to 2020, the United States dominated Barbados's exports of coconuts, Brazil nuts, and cashews in kind, accounting for 93.4% of the total trade flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Barbados in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Barbados saw a second consecutive year of decline in the value of exports for coconuts, Brazil nuts, and cashews. In 2019, exports totaled 0.6 thousand US dollars, reflecting a dramatic drop of 89.8% compared to the previous year. Between 2017 and 2019, export value decreased by 97.9%, with a compound annual growth rate (CAGR) of -72.3%.

Annual dynamics of product's exports from Barbados in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(79.1%)	(89.8%)	n/a	-

Source: SHEV.io

From 2017 to 2020, the United States was the nearly exclusive buyer of coconuts, Brazil nuts, and cashews from Barbados in value terms, capturing 94.5% of total exports.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Barbados in value, 2017-2020

Source: SHEV.io

Imports coconuts, Brazil nuts and cashews to Barbados

Imports in kind, t

Barbados recorded a second consecutive year of increase in import volume for coconuts, Brazil nuts, and cashews. In 2020, imports reached 372.7 tonnes, showing a strong gain of 10.1% compared to 2019. However, over the broader period from 2017 to 2020, imports decreased by 11.3%, equating to an annualized decline of 3.9%. The lowest import volume was in 2018 at 314.1 tonnes, with the largest decline that year at 25.2%.

Annual dynamics of product's imports to Barbados in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(25.2%)	7.7%	10.1%	(3.9%)

Source: SHEV.io

Throughout 2017 to 2020, Saint Vincent and the Grenadines (40.8% of imports in kind), Saint Lucia (23.4% of imports in kind), and the United States (12.1% of imports in kind) were the leading sources for Barbados's imports of coconuts, Brazil nuts, and cashews in kind, together accounting for 76.2% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Barbados in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, Barbados imported 365.4 thousand US dollars worth of coconuts, Brazil nuts, and cashews, marking a sudden drop of 25.7% compared to 2019. Over the period from 2017 to 2020, import value decreased by 41%, with an annualized decline of 16.1%. The largest decline occurred in 2018 at 26.7%, while the largest increase was in 2019 at 8.2%.

Annual dynamics of product's imports to Barbados in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(26.7%)	8.2%	(25.7%)	(16.1%)

Source: SHEV.io

From 2017 to 2020, the United States (30.0% of imports in value terms), Vietnam (28.5% of imports in value terms), and Canada (19.2% of imports in value terms) were the principal suppliers of coconuts, Brazil nuts, and cashews to Barbados, jointly making up 77.6% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Barbados in value, 2017-2020

Source: SHEV.io