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

Lebanon-Barbados Trade: In 2021, Lebanon exported $250 to Barbados. The main products that Lebanon exported to Barbados were N/A. Over the past 6 years the exports of Lebanon to Barbados have increased at an annualized rate of 14.7%, from $110 in 2015 to $250 in 2021.

In 2021, Lebanon did not export any services to Barbados.

Barbados-Lebanon Trade: In 2021, 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 6 years the exports of Barbados to Lebanon have decreased at an annualized rate of 11.3%,  from $188k in 2015 to $103k in 2021.

In 2021, Barbados did not export any services to Lebanon.

Comparison In 2022,  Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38),  and 129 in total exports ($4.41B). 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 2021, Lebanon exported $250 to Barbados. There were not main exports from Lebanon to Barbados in 2021. During the last 6 years the exports of Lebanon to Barbados have increased at an annualized rate of 14.7%, from $110 in 2015 to $250 in 2021.

In 2017, 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 2022 to $103k in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Lebanon - Barbados

Flow
Scale

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

During 2021, Lebanon had a large net trade with Barbados in the exports of .

During 2017, Barbados had a large net trade with Lebanon in the exports of Instruments ($96.4k), Textiles ($6.3k), and Machines ($405).

Economic Complexity

Competitive Landscape

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

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

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