2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Lebanon-Bangladesh Trade: In 2022, Lebanon exported $20.9M to Bangladesh. The main products that Lebanon exported to Bangladesh were Phosphatic Fertilizers ($57M), Insulated Wire ($357k), and Industrial Food Preperation Machinery ($95.8k). Over the past 5 years the exports of Lebanon to Bangladesh have increased at an annualized rate of 413%, from $5.9k in 2017 to $20.9M in 2022.

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

Bangladesh-Lebanon Trade: In 2022, Bangladesh exported $44.1M to Lebanon. The main products that Bangladesh exported to Lebanon were Non-Knit Women's Suits ($5.67M), Knit T-shirts ($3.66M), and Knit Sweaters ($2.21M). Over the past 5 years the exports of Bangladesh to Lebanon have increased at an annualized rate of 155%,  from $410k in 2017 to $44.1M in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $20.9M to Bangladesh. The main products exported from Lebanon to Bangladesh were Phosphatic Fertilizers ($57M), Insulated Wire ($357k), and Industrial Food Preperation Machinery ($95.8k). During the last 5 years the exports of Lebanon to Bangladesh have increased at an annualized rate of 413%, from $5.9k in 2017 to $20.9M in 2022.

In 2017, Bangladesh exported $44.1M to Lebanon. The main products exported from Bangladesh to Lebanon were Non-Knit Women's Suits ($5.67M), Knit T-shirts ($3.66M), and Knit Sweaters ($2.21M). During the last 22 years the exports of Bangladesh to Lebanon have increased at an annualized rate of 155%, from $410k in 1995 to $44.1M in 2017.

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

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

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Lebanon than Bangladesh included Syria ($370M), Egypt ($234M), and Iraq ($162M).

In 2022, countries that imported more from Bangladesh than Lebanon included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Lebanon - Bangladesh

Flow
Scale

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

During 2022, Lebanon had a large net trade with Bangladesh in the exports of Chemical Products ($57M), Machines ($460k), and Foodstuffs ($17.3k).

During 2017, Bangladesh had a large net trade with Lebanon in the exports of Textiles ($19.4M), Footwear and Headwear ($957k), and Machines ($570k).

Economic Complexity

Competitive Landscape

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

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

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