2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

Barbados-Lebanon Trade: In 2022, Barbados exported $103k to Lebanon. The main products that Barbados exported to Lebanon were Optical Fibers and optical fibre bundles ($52.9k), Orthopedic Appliances ($37.2k), and Knit Men's Suits ($6.3k). Over the past 5 years the exports of Barbados to Lebanon have decreased at an annualized rate of 11.3%, from $188k in 2017 to $103k in 2022.

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

Lebanon-Barbados Trade: In 2022, Lebanon exported $250 to Barbados. The main products that Lebanon exported to Barbados were N/A. Over the past 5 years the exports of Lebanon to Barbados have decreased at an annualized rate of 58.5%,  from $20.3k in 2017 to $250 in 2022.

In 2022, Lebanon 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, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $103k to Lebanon. The main products exported from Barbados to Lebanon were Optical Fibers and optical fibre bundles ($52.9k), Orthopedic Appliances ($37.2k), and Knit Men's Suits ($6.3k). During the last 5 years the exports of Barbados to Lebanon have decreased at an annualized rate of 11.3%, from $188k in 2017 to $103k in 2022.

In 2016, Lebanon exported $250 to Barbados. There were not main exports from Lebanon to Barbados in 2016. During the last 5 years the exports of Lebanon to Barbados have decreased at an annualized rate of 58.5%, from $20.3k in 2021 to $250 in 2016.

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

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

Latest Data

Trade between Barbados (Flag) and Lebanon (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Lebanon
Top Destination
United Arab Emirates$956M

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

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

In 2022, countries that imported more from Lebanon than Barbados included United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

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

Comparative Advantage Barbados - Lebanon

Flow
Scale

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

During 2022, Barbados had a large net trade with Lebanon in the exports of Instruments ($96.4k), Textiles ($6.3k), and Machines ($405).

During 2016, Lebanon had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

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

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

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