2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

Barbados-Bosnia and Herzegovina Trade: In 2022, Barbados exported $23.4k to Bosnia and Herzegovina. The main products that Barbados exported to Bosnia and Herzegovina were Orthopedic Appliances ($17.1k), Medical Instruments ($3.11k), and Hard Liquor ($2.31k). Over the past 5 years the exports of Barbados to Bosnia and Herzegovina have increased at an annualized rate of 18.1%, from $10.2k in 2017 to $23.4k in 2022.

In 2022, Barbados did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Barbados Trade: In 2022, Bosnia and Herzegovina exported $9.74k to Barbados. The main products that Bosnia and Herzegovina exported to Barbados were N/A. Over the past 5 years the exports of Bosnia and Herzegovina to Barbados have increased at an annualized rate of 131%,  from $148 in 2017 to $9.74k in 2022.

In 2022, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $23.4k to Bosnia and Herzegovina. The main products exported from Barbados to Bosnia and Herzegovina were Orthopedic Appliances ($17.1k), Medical Instruments ($3.11k), and Hard Liquor ($2.31k). During the last 5 years the exports of Barbados to Bosnia and Herzegovina have increased at an annualized rate of 18.1%, from $10.2k in 2017 to $23.4k in 2022.

In 2015, Bosnia and Herzegovina exported $9.74k to Barbados. There were not main exports from Bosnia and Herzegovina to Barbados in 2015. During the last 5 years the exports of Bosnia and Herzegovina to Barbados have increased at an annualized rate of 131%, from $148 in 2020 to $9.74k in 2015.

Exports from Barbados (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Barbados (Flag) (2022)

Latest Data

Trade between Barbados (Flag) and Bosnia and Herzegovina (Flag)

Barbados Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2022, countries that imported more from Barbados than Bosnia and Herzegovina included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

In 2022, countries that imported more from Bosnia and Herzegovina than Barbados included Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

Difference in imports from Bosnia and Herzegovina (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Barbados had a large net trade with Bosnia and Herzegovina in the exports of Instruments ($20.2k), Foodstuffs ($2.31k), and Machines ($865).

During 2015, Bosnia and Herzegovina had a large net trade with Barbados in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Barbados Bosnia and Herzegovina+N/AN/A
Top Product Potential Bosnia and Herzegovina Barbados+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Bosnia and Herzegovina (Flag) (2022)

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