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2022
Flag → Flag
Exports $52kRnk 123 / 160
2022
Flag → Flag
Top Product $30.1kOther Printed Material
2022
Flag → Flag
Exports $164kRnk 146 / 177
2022
Flag → Flag
Top Product $30.9kGrapes
2022
Flag
Economic Complexity (ECI) ECI 0.38Rnk 48 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

Iceland-Lebanon Trade: In 2022, Iceland exported $52k to Lebanon. The main products that Iceland exported to Lebanon were Other Printed Material ($30.1k), Orthopedic Appliances ($13.4k), and Scales ($6.57k). Over the past 5 years the exports of Iceland to Lebanon have decreased at an annualized rate of 13.2%, from $106k in 2017 to $52k in 2022.

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

Lebanon-Iceland Trade: In 2022, Lebanon exported $164k to Iceland. The main products that Lebanon exported to Iceland were Grapes ($30.9k), Imitation Jewellery ($22.4k), and Wine ($21.5k). Over the past 5 years the exports of Lebanon to Iceland have increased at an annualized rate of 7.51%,  from $91.9k in 2017 to $164k in 2022.

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), 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, Iceland exported $52k to Lebanon. The main products exported from Iceland to Lebanon were Other Printed Material ($30.1k), Orthopedic Appliances ($13.4k), and Scales ($6.57k). During the last 5 years the exports of Iceland to Lebanon have decreased at an annualized rate of 13.2%, from $106k in 2017 to $52k in 2022.

In 2017, Lebanon exported $164k to Iceland. The main products exported from Lebanon to Iceland were Grapes ($30.9k), Imitation Jewellery ($22.4k), and Wine ($21.5k). During the last 5 years the exports of Lebanon to Iceland have increased at an annualized rate of 7.51%, from $91.9k in 2022 to $164k in 2017.

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

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

Latest Data

Trade between Iceland (Flag) and Lebanon (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Lebanon
Top DestinationUnited Arab Emirates$956M

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

In 2022, countries that imported more from Iceland than Lebanon included Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

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

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

Comparative Advantage Iceland - Lebanon

Flow
Scale

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

During 2022, Iceland had a large net trade with Lebanon in the exports of Paper Goods ($30.1k), Instruments ($13.4k), and Machines ($8.33k).

During 2017, Lebanon had a large net trade with Iceland in the exports of Vegetable Products ($43.6k), Foodstuffs ($37.8k), and Precious Metals ($22.5k).

Economic Complexity

Competitive Landscape

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

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

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