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

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $730k in 2022.

In 2017, 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 2022 to $14M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Sweden (Flag)

Barbados Exports

Sweden Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Barbados - Sweden

Flow
Scale

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

During 2022, Barbados had a large net trade with Sweden in the exports of Metals ($407k), Machines ($156k), and Instruments ($109k).

During 2017, 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).

Economic Complexity

Competitive Landscape

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

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

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