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2022
Flag → Flag
Exports $14MRnk 123 / 217
2022
Flag → Flag
Top Product $4.4MGas Turbines
2022
Flag → Flag
Exports $730kRnk 40 / 139
2022
Flag → Flag
Top Product $207kOther Hand Tools
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
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GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Sweden-Barbados Trade: In 2022, Sweden exported $14M to Barbados. The main products that Sweden exported to Barbados were Gas Turbines ($4.4M), Margarine ($4.26M), and Other Vegetable Oils ($2.16M). Over the past 5 years the exports of Sweden to Barbados have decreased at an annualized rate of 2.32%, from $15.7M in 2017 to $14M in 2022.

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

Barbados-Sweden Trade: In 2022, Barbados exported $730k to Sweden. The main products that Barbados exported to Sweden were Other Hand Tools ($207k), Other Iron Products ($70.9k), and Oscilloscopes ($57.3k). Over the past 5 years the exports of Barbados to Sweden have decreased at an annualized rate of 13.2%,  from $1.49M in 2017 to $730k in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Sweden exported SEK551k and imported SEK57k from Barbados, resulting in a positive trade balance of SEK494k. Between September 2023 and September 2024 the exports of Sweden have decreased by SEK-2.08M (-79%) from SEK2.63M to SEK551k, while imports increased by SEK39k (217%) from SEK18k to SEK57k.

Trade In September 2024, the top exports of Sweden to Barbados were Transmissions (SEK5.61M), Other Vegetable Oils (SEK266k), Centrifuges (SEK200k), Low-voltage Protection Equipment (SEK109k), and Gaskets (SEK92k). In September 2024 the top imports of Sweden from Barbados were Chocolate (SEK1k) and Other toys (SEK1k).

Growth In September 2024, the decrease in Sweden's year-by-year exports to Barbados was explained primarily by an decrease in product exports in Centrifuges (SEK-29k or -12.7%). In August 2024, the increase in Sweden's year-by-year imports  from Barbados was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)SEK-2.08M(-79%)
IMPORT GROWTH (August 2023 - August 2024)SEK39k(217%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Barbados and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Barbados and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $14M to Barbados. The main products exported from Sweden to Barbados were Gas Turbines ($4.4M), Margarine ($4.26M), and Other Vegetable Oils ($2.16M). During the last 5 years the exports of Sweden to Barbados have decreased at an annualized rate of 2.32%, from $15.7M in 2017 to $14M in 2022.

In 2017, Barbados exported $730k to Sweden. The main products exported from Barbados to Sweden were Other Hand Tools ($207k), Other Iron Products ($70.9k), and Oscilloscopes ($57.3k). During the last 5 years the exports of Barbados to Sweden have decreased at an annualized rate of 13.2%, from $1.49M in 2022 to $730k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Sweden than Barbados included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2022, countries that imported more from Barbados than Sweden included Jamaica ($43.3M), Saint Lucia ($20.8M), and Guyana ($29.7M).

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

Comparative Advantage Sweden - Barbados

Flow
Scale

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

During 2022, Sweden had a large net trade with Barbados in the exports of Animal and Vegetable Bi-Products ($7.52M), Machines ($5.7M), and Foodstuffs ($170k).

During 2017, Barbados had a large net trade with Sweden in the exports of Metals ($407k), Machines ($156k), and Instruments ($109k).

Economic Complexity

Competitive Landscape

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

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

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