2023
Flag  
GDP
$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH
192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC 
$2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH
166%CURRENT US$
Rnk 2 / 195

About

Bangladesh-Lebanon Trade: In 2023, Bangladesh exported $32.2M to Lebanon. The main products that Bangladesh exported to Lebanon were Non-Knit Women's Suits ($9.8M), Knit T-shirts ($5.82M), and Knit Sweaters ($3.73M). Over the past 5 years the exports of Bangladesh to Lebanon have decreased at an annualized rate of 6.94%, from $46.1M in 2018 to $32.2M in 2023.

In 2023, Bangladesh did not export any services to Lebanon.

Lebanon-Bangladesh Trade: In 2023, Lebanon exported $52k to Bangladesh. The main products that Lebanon exported to Bangladesh were Animal Food ($20k), Industrial Food Preperation Machinery ($14.1k), and Brochures ($9.9k). Over the past 5 years the exports of Lebanon to Bangladesh have decreased at an annualized rate of 68.8%,  from $17.7M in 2018 to $52k in 2023.

In 2023, Lebanon did not export any services to Bangladesh.

Comparison: In 2023,  Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bangladesh exported $32.2M to Lebanon. The main products exported from Bangladesh to Lebanon were Non-Knit Women's Suits ($9.8M), Knit T-shirts ($5.82M), and Knit Sweaters ($3.73M). During the last 5 years the exports of Bangladesh to Lebanon have decreased at an annualized rate of 6.94%, from $46.1M in 2018 to $32.2M in 2023.

In 2018, Lebanon exported $52k to Bangladesh. The main products exported from Lebanon to Bangladesh were Animal Food ($20k), Industrial Food Preperation Machinery ($14.1k), and Brochures ($9.9k). During the last 5 years the exports of Lebanon to Bangladesh have decreased at an annualized rate of 68.8%, from $17.7M in 2023 to $52k in 2018.

Exports from Bangladesh (Flag) to Lebanon (Flag) (2023)

Exports from Lebanon (Flag) to Bangladesh (Flag) (2023)

Market Competitiveness

Color
Bangladesh
Top Destination
United States$8.58B
Lebanon
Top Destination
United Arab Emirates$1.3B

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

In 2023, countries that imported more from Bangladesh than Lebanon included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Lebanon than Bangladesh included United Arab Emirates ($1.3B), Egypt ($340M), and Iraq ($236M).

Difference in imports from Lebanon (Flag) and Bangladesh (Flag) (2023)

Comparative Advantage Bangladesh - Lebanon

Flow
Scale

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

During 2023, Bangladesh had a large net trade with Lebanon in the exports of Textiles ($29.5M), Footwear and Headwear ($1.4M), and Machines ($290k).

During 2018, Lebanon had a large net trade with Bangladesh in the exports of Foodstuffs ($28k), Machines ($14.1k), and Paper Goods ($9.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Bangladesh (Flag) and Lebanon (Flag) (2023)

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