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2020
Flag → Flag
Exports $10.2kRnk 84 / 0
2020
Flag → Flag
Exports $21.7kRnk 97 / 139
2020
Flag → Flag
Top Product $11.6kOrthopedic Appliances
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Bosnia and Herzegovina-Barbados Trade: In 2020, Bosnia and Herzegovina exported $10.2k to Barbados. The main products that Bosnia and Herzegovina exported to Barbados were N/A. Over the past 5 years the exports of Bosnia and Herzegovina to Barbados have increased at an annualized rate of 133%, from $148 in 2015 to $10.2k in 2020.

In 2020, Bosnia and Herzegovina did not export any services to Barbados.

Barbados-Bosnia and Herzegovina Trade: In 2020, Barbados exported $21.7k to Bosnia and Herzegovina. The main products that Barbados exported to Bosnia and Herzegovina were Orthopedic Appliances ($11.6k), Hard Liquor ($6.76k), and Medical Instruments ($3.13k). Over the past 5 years the exports of Barbados to Bosnia and Herzegovina have decreased at an annualized rate of 6.86%,  from $30.9k in 2015 to $21.7k in 2020.

In 2020, Barbados did not export any services to Bosnia and Herzegovina.

Comparison In 2023,  Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7),  and 105 in total exports ($9.67B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Bosnia and Herzegovina exported $10.2k to Barbados. There were not main exports from Bosnia and Herzegovina to Barbados in 2020. During the last 5 years the exports of Bosnia and Herzegovina to Barbados have increased at an annualized rate of 133%, from $148 in 2015 to $10.2k in 2020.

In 2018, Barbados exported $21.7k to Bosnia and Herzegovina. The main products exported from Barbados to Bosnia and Herzegovina were Orthopedic Appliances ($11.6k), Hard Liquor ($6.76k), and Medical Instruments ($3.13k). During the last 5 years the exports of Barbados to Bosnia and Herzegovina have decreased at an annualized rate of 6.86%, from $30.9k in 2023 to $21.7k in 2018.

Exports from Bosnia and Herzegovina (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to Bosnia and Herzegovina (Flag) (2023)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Barbados (Flag)

Bosnia and Herzegovina Exports

Barbados Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Barbados
Top DestinationUnited States$91M

This map shows whether countries import more from Bosnia and Herzegovina or Barbados. Each country is colored based on the difference in imports they receive from Bosnia and Herzegovina and Barbados or the difference in the growth in imports.

In 2023, countries that imported more from Bosnia and Herzegovina than Barbados included Germany ($1.48B), Croatia ($1.39B), and Serbia ($1.18B).

In 2023, countries that imported more from Barbados than Bosnia and Herzegovina included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Guyana ($24.6M).

Difference in imports from Barbados (Flag) and Bosnia and Herzegovina (Flag) (2023)

Comparative Advantage Bosnia and Herzegovina - Barbados

Flow
Scale

This chart compares trade between Bosnia and Herzegovina and Barbados by product, considering products traded by both, Bosnia and Herzegovina and Barbados.

During 2020, Bosnia and Herzegovina had a large net trade with Barbados in the exports of .

During 2018, Barbados had a large net trade with Bosnia and Herzegovina in the exports of Instruments ($14.7k), Foodstuffs ($6.76k), and Machines ($152).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bosnia and Herzegovina and Barbados. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Barbados. Similarly, a dot/product with the flag of Barbados indicates it has a comparative advantage over Bosnia and Herzegovina.

Product Space of Bosnia and Herzegovina (Flag) and Barbados (Flag) (2023)

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