2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Barbados-Czechia Trade: In 2022, Barbados exported $3.07M to Czechia. The main products that Barbados exported to Czechia were Hard Liquor ($2.96M), Orthopedic Appliances ($46.8k), and Medical Instruments ($19.6k). Over the past 5 years the exports of Barbados to Czechia have increased at an annualized rate of 29%, from $860k in 2017 to $3.07M in 2022.

In 2022, Barbados did not export any services to Czechia.

Czechia-Barbados Trade: In 2022, Czechia exported $622k to Barbados. The main products that Czechia exported to Barbados were Cars ($245k), Large Construction Vehicles ($57.6k), and Handguns ($46k). Over the past 5 years the exports of Czechia to Barbados have decreased at an annualized rate of 3.62%,  from $748k in 2017 to $622k in 2022.

In 2022, Czechia did not export any services to Barbados.

Comparison In 2022,  Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index. That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $3.07M to Czechia. The main products exported from Barbados to Czechia were Hard Liquor ($2.96M), Orthopedic Appliances ($46.8k), and Medical Instruments ($19.6k). During the last 5 years the exports of Barbados to Czechia have increased at an annualized rate of 29%, from $860k in 2017 to $3.07M in 2022.

In 2017, Czechia exported $622k to Barbados. The main products exported from Czechia to Barbados were Cars ($245k), Large Construction Vehicles ($57.6k), and Handguns ($46k). During the last 5 years the exports of Czechia to Barbados have decreased at an annualized rate of 3.62%, from $748k in 2022 to $622k in 2017.

Exports from Barbados (Flag) to Czechia (Flag) (2022)

Exports from Czechia (Flag) to Barbados (Flag) (2022)

Latest Data

Trade between Barbados (Flag) and Czechia (Flag)

Barbados Exports

Czechia Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Barbados than Czechia included Jamaica ($43.3M), Guyana ($29.7M), and Trinidad and Tobago ($33.8M).

In 2022, countries that imported more from Czechia than Barbados included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

Difference in imports from Czechia (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - Czechia

Flow
Scale

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

During 2022, Barbados had a large net trade with Czechia in the exports of Foodstuffs ($2.96M), Instruments ($66.4k), and Textiles ($24.9k).

During 2017, Czechia had a large net trade with Barbados in the exports of Transportation ($252k), Machines ($128k), and Stone And Glass ($59k).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Czechia (Flag) (2022)

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