2023
Flag  
GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC 
$23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH
23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC
$32,610CURRENT US$
Rnk 43 / 196
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195

About

Barbados-Slovenia Trade: In 2023, Barbados exported $650k to Slovenia. The main products that Barbados exported to Slovenia were Hard Liquor ($617k), Metalworking Machine Parts ($17.5k), and Knit Women's Suits ($4.87k). Over the past 5 years the exports of Barbados to Slovenia have increased at an annualized rate of 50.7%, from $83.5k in 2018 to $650k in 2023.

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

Slovenia-Barbados Trade: In 2023, Slovenia exported $215k to Barbados. The main products that Slovenia exported to Barbados were Vending Machines ($58.4k), Cellulose Fibers Paper ($35.5k), and Broadcasting Equipment ($32.2k). Over the past 5 years the exports of Slovenia to Barbados have decreased at an annualized rate of 4.55%,  from $359k in 2018 to $215k in 2023.

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

Comparison In 2023,  Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index. That same year, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $650k to Slovenia. The main products exported from Barbados to Slovenia were Hard Liquor ($617k), Metalworking Machine Parts ($17.5k), and Knit Women's Suits ($4.87k). During the last 5 years the exports of Barbados to Slovenia have increased at an annualized rate of 50.7%, from $83.5k in 2018 to $650k in 2023.

In 2018, Slovenia exported $215k to Barbados. The main products exported from Slovenia to Barbados were Vending Machines ($58.4k), Cellulose Fibers Paper ($35.5k), and Broadcasting Equipment ($32.2k). During the last 5 years the exports of Slovenia to Barbados have decreased at an annualized rate of 4.55%, from $359k in 2023 to $215k in 2018.

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

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

Latest Data

Trade between Barbados (Flag) and Slovenia (Flag)

Barbados Exports

Slovenia Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$91M
Slovenia
Top Destination
Switzerland$13.5B

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

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

In 2023, countries that imported more from Slovenia than Barbados included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

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

Comparative Advantage Barbados - Slovenia

Flow
Scale

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

During 2023, Barbados had a large net trade with Slovenia in the exports of Foodstuffs ($617k), Machines ($17.6k), and Textiles ($12.4k).

During 2018, Slovenia had a large net trade with Barbados in the exports of Machines ($130k), Paper Goods ($60.5k), and Chemical Products ($21.3k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with