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2023
Flag → Flag
Exports $40.7kRnk 161 / 179
2023
Flag → Flag
Top Product $12.1kFlavored Water
2023
Flag → Flag
Exports $156kRnk 65 / 139
2023
Flag → Flag
Top Product $154kOrthopedic Appliances
2023
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 132
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Lebanon-Barbados Trade: In 2023, Lebanon exported $40.7k to Barbados. The main products that Lebanon exported to Barbados were Flavored Water ($12.1k), Fruit Juice ($11.9k), and Refrigerators ($3.29k). Over the past 7 years the exports of Lebanon to Barbados have increased at an annualized rate of 10.4%, from $20.3k in 2016 to $40.7k in 2023.

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

Barbados-Lebanon Trade: In 2023, Barbados exported $156k to Lebanon. The main products that Barbados exported to Lebanon were Orthopedic Appliances ($154k), Hard Liquor ($1.23k), and Household Washing Machines ($396). Over the past 7 years the exports of Barbados to Lebanon have decreased at an annualized rate of 5.02%,  from $201k in 2016 to $156k in 2023.

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

Comparison In 2023,  Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42),  and 130 in total exports ($4.94B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $40.7k to Barbados. The main products exported from Lebanon to Barbados were Flavored Water ($12.1k), Fruit Juice ($11.9k), and Refrigerators ($3.29k). During the last 7 years the exports of Lebanon to Barbados have increased at an annualized rate of 10.4%, from $20.3k in 2016 to $40.7k in 2023.

In 2018, Barbados exported $156k to Lebanon. The main products exported from Barbados to Lebanon were Orthopedic Appliances ($154k), Hard Liquor ($1.23k), and Household Washing Machines ($396). During the last 5 years the exports of Barbados to Lebanon have decreased at an annualized rate of 5.02%, from $201k in 2023 to $156k in 2018.

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

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

Latest Data

Trade between Lebanon (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Lebanon
Top DestinationUnited Arab Emirates$1.3B
Barbados
Top DestinationUnited States$91M

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 2023, countries that imported more from Lebanon than Barbados included United Arab Emirates ($1.3B), Egypt ($340M), and Turkey ($253M).

In 2023, countries that imported more from Barbados than Lebanon included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Guyana ($24.6M).

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

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 2023, Lebanon had a large net trade with Barbados in the exports of Foodstuffs ($24k), Machines ($10.5k), and Metals ($1.55k).

During 2018, Barbados had a large net trade with Lebanon in the exports of Instruments ($154k), Foodstuffs ($1.23k), and Machines ($659).

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) (2023)

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