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2022
Flag → Flag
Exports $8.46MRnk 155 / 219
2022
Flag → Flag
Top Product $3.56MJewellery
2022
Flag → Flag
Exports $146kRnk 69 / 139
2022
Flag → Flag
Top Product $84.7kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
Flag  
GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC $92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Switzerland-Barbados Trade: In 2022, Switzerland exported $8.46M to Barbados. The main products that Switzerland exported to Barbados were Jewellery ($3.56M), Base Metal Watches ($1.87M), and Bitumen and asphalt ($538k). Over the past 5 years the exports of Switzerland to Barbados have decreased at an annualized rate of 34.4%, from $69.5M in 2017 to $8.46M in 2022.

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

Barbados-Switzerland Trade: In 2022, Barbados exported $146k to Switzerland. The main products that Barbados exported to Switzerland were Hard Liquor ($84.7k), Electrical Resistors ($9.85k), and Rolled Tobacco ($8.25k). Over the past 5 years the exports of Barbados to Switzerland have decreased at an annualized rate of 65.1%,  from $28.4M in 2017 to $146k in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97),  and 17 in total exports ($402B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $8.46M to Barbados. The main products exported from Switzerland to Barbados were Jewellery ($3.56M), Base Metal Watches ($1.87M), and Bitumen and asphalt ($538k). During the last 5 years the exports of Switzerland to Barbados have decreased at an annualized rate of 34.4%, from $69.5M in 2017 to $8.46M in 2022.

In 2017, Barbados exported $146k to Switzerland. The main products exported from Barbados to Switzerland were Hard Liquor ($84.7k), Electrical Resistors ($9.85k), and Rolled Tobacco ($8.25k). During the last 5 years the exports of Barbados to Switzerland have decreased at an annualized rate of 65.1%, from $28.4M in 2022 to $146k in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Barbados (Flag)

Switzerland Exports

Barbados Exports

Market Competitiveness

Color
Switzerland
Top DestinationUnited States$61.7B
Barbados
Top DestinationUnited States$88.6M

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 2022, countries that imported more from Switzerland than Barbados included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Barbados than Switzerland included Guyana ($29.7M), Saint Lucia ($20.8M), and Trinidad and Tobago ($33.8M).

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

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 2022, Switzerland had a large net trade with Barbados in the exports of Precious Metals ($3.56M), Instruments ($2.6M), and Machines ($893k).

During 2017, Barbados had a large net trade with Switzerland in the exports of Foodstuffs ($95k), Machines ($17.2k), and Textiles ($11.9k).

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) (2022)

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