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2023
Flag → Flag
Exports $6.9MRnk 156 / 219
2023
Flag → Flag
Top Product $2.58MJewellery
2023
Flag → Flag
Exports $310kRnk 57 / 139
2023
Flag → Flag
Top Product $215kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 1.96Rnk 3 / 132
2023
Flag  
GDP$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 125 / 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 $99,565CURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Switzerland-Barbados Trade: In 2023, Switzerland exported $6.9M to Barbados. The main products that Switzerland exported to Barbados were Jewellery ($2.58M), Base Metal Watches ($2.06M), and Precious Metal Watches ($378k). Over the past 5 years the exports of Switzerland to Barbados have decreased at an annualized rate of 15.3%, from $15.8M in 2018 to $6.9M in 2023.

In 2023, Switzerland did not export any services to Barbados.

Barbados-Switzerland Trade: In 2023, Barbados exported $310k to Switzerland. The main products that Barbados exported to Switzerland were Hard Liquor ($215k), Integrated Circuits ($33.4k), and Oscilloscopes ($32.5k). Over the past 5 years the exports of Barbados to Switzerland have decreased at an annualized rate of 56.3%,  from $19.6M in 2018 to $310k in 2023.

In 2023, Barbados did not export any services to Switzerland.

Comparison In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96),  and 17 in total exports ($398B). 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 2023, Switzerland exported $6.9M to Barbados. The main products exported from Switzerland to Barbados were Jewellery ($2.58M), Base Metal Watches ($2.06M), and Precious Metal Watches ($378k). During the last 5 years the exports of Switzerland to Barbados have decreased at an annualized rate of 15.3%, from $15.8M in 2018 to $6.9M in 2023.

In 2018, Barbados exported $310k to Switzerland. The main products exported from Barbados to Switzerland were Hard Liquor ($215k), Integrated Circuits ($33.4k), and Oscilloscopes ($32.5k). During the last 5 years the exports of Barbados to Switzerland have decreased at an annualized rate of 56.3%, from $19.6M in 2023 to $310k in 2018.

Exports from Switzerland (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to Switzerland (Flag) (2023)

Latest Data

Trade between Switzerland (Flag) and Barbados (Flag)

Switzerland Exports

Barbados Exports

Market Competitiveness

Color
Switzerland
Top DestinationGermany$53.8B
Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from Switzerland than Barbados included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

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

Difference in imports from Barbados (Flag) and Switzerland (Flag) (2023)

Comparative Advantage Switzerland - Barbados

Flow
Scale

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

During 2023, Switzerland had a large net trade with Barbados in the exports of Precious Metals ($2.58M), Instruments ($2.55M), and Mineral Products ($517k).

During 2018, Barbados had a large net trade with Switzerland in the exports of Foodstuffs ($220k), Instruments ($44.3k), and Machines ($39.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and Barbados (Flag) (2023)

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