2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Lebanon Trade: In 2022, Italy exported $1.08B to Lebanon. The main products that Italy exported to Lebanon were Refined Petroleum ($531M), Jewellery ($55.4M), and Recreational Boats ($17.5M). Over the past 5 years the exports of Italy to Lebanon have decreased at an annualized rate of 8.84%, from $1.72B in 2017 to $1.08B in 2022.

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

Lebanon-Italy Trade: In 2022, Lebanon exported $68.2M to Italy. The main products that Lebanon exported to Italy were Phosphoric Acid ($19.5M), Electrical Transformers ($6.89M), and Raw Lead ($6.1M). Over the past 5 years the exports of Lebanon to Italy have increased at an annualized rate of 9.13%,  from $44.1M in 2017 to $68.2M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). 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, Italy exported $1.08B to Lebanon. The main products exported from Italy to Lebanon were Refined Petroleum ($531M), Jewellery ($55.4M), and Recreational Boats ($17.5M). During the last 5 years the exports of Italy to Lebanon have decreased at an annualized rate of 8.84%, from $1.72B in 2017 to $1.08B in 2022.

In 2017, Lebanon exported $68.2M to Italy. The main products exported from Lebanon to Italy were Phosphoric Acid ($19.5M), Electrical Transformers ($6.89M), and Raw Lead ($6.1M). During the last 5 years the exports of Lebanon to Italy have increased at an annualized rate of 9.13%, from $44.1M in 2022 to $68.2M in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Lebanon
Top Destination
United Arab Emirates$956M

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

In 2022, countries that imported more from Italy than Lebanon included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Lebanon than Italy included Syria ($370M) and Liberia ($30M).

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

Comparative Advantage Italy - Lebanon

Flow
Scale

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

During 2022, Italy had a large net trade with Lebanon in the exports of Mineral Products ($535M), Machines ($108M), and Precious Metals ($60.5M).

During 2017, Lebanon had a large net trade with Italy in the exports of Chemical Products ($22.3M), Metals ($16.1M), and Machines ($8.3M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with