NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $2.49MRnk 27 / 139
2023
Flag → Flag
Top Product $1.52MElectric Motor Parts
2023
Flag → Flag
Exports $18.8MRnk 119 / 216
2023
Flag → Flag
Top Product $5.3MMargarine
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Barbados-Sweden Trade: In 2023, Barbados exported $2.49M to Sweden. The main products that Barbados exported to Sweden were Electric Motor Parts ($1.52M), Other Measuring Instruments ($511k), and Gas Turbines ($107k). Over the past 5 years the exports of Barbados to Sweden have increased at an annualized rate of 27.6%, from $735k in 2018 to $2.49M in 2023.

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

Sweden-Barbados Trade: In 2023, Sweden exported $18.8M to Barbados. The main products that Sweden exported to Barbados were Margarine ($5.3M), Other Vegetable Oils ($5.12M), and Gas Turbines ($3.24M). Over the past 5 years the exports of Sweden to Barbados have increased at an annualized rate of 0.91%,  from $18M in 2018 to $18.8M in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $2.49M to Sweden. The main products exported from Barbados to Sweden were Electric Motor Parts ($1.52M), Other Measuring Instruments ($511k), and Gas Turbines ($107k). During the last 5 years the exports of Barbados to Sweden have increased at an annualized rate of 27.6%, from $735k in 2018 to $2.49M in 2023.

In 2018, Sweden exported $18.8M to Barbados. The main products exported from Sweden to Barbados were Margarine ($5.3M), Other Vegetable Oils ($5.12M), and Gas Turbines ($3.24M). During the last 5 years the exports of Sweden to Barbados have increased at an annualized rate of 0.91%, from $18M in 2023 to $18.8M in 2018.

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

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

Latest Data

Trade between Barbados (Flag) and Sweden (Flag)

Barbados Exports

Sweden Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Sweden
Top DestinationGermany$18.4B

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 2023, countries that imported more from Barbados than Sweden included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Saint Lucia ($19.5M).

In 2023, countries that imported more from Sweden than Barbados included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

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 2023, Barbados had a large net trade with Sweden in the exports of Machines ($1.72M), Instruments ($559k), and Metals ($158k).

During 2018, Sweden had a large net trade with Barbados in the exports of Animal and Vegetable Bi-Products ($11.5M), Machines ($4.86M), and Instruments ($1.66M).

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) (2023)

Keep Exploring

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