Sign In
Pricing

2022
Flag → Flag
Exports $147MRnk 101 / 220
2022
Flag → Flag
Top Product $57.3MCars
2022
Flag → Flag
Exports $88MRnk 13 / 177
2022
Flag → Flag
Top Product $50MScrap Copper
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.38Rnk 48 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186

About

South Korea-Lebanon Trade: In 2022, South Korea exported $147M to Lebanon. The main products that South Korea exported to Lebanon were Cars ($57.3M), Electric Batteries ($14.5M), and Rubber Tires ($7.36M). Over the past 5 years the exports of South Korea to Lebanon have decreased at an annualized rate of 7.76%, from $220M in 2017 to $147M in 2022.

In 2022, South Korea did not export any services to Lebanon.

Lebanon-South Korea Trade: In 2022, Lebanon exported $88M to South Korea. The main products that Lebanon exported to South Korea were Scrap Copper ($50M), Scrap Aluminium ($23.8M), and Scrap Iron ($5.63M). Over the past 5 years the exports of Lebanon to South Korea have increased at an annualized rate of 9.37%,  from $56.3M in 2017 to $88M in 2022.

In 2022, Lebanon did not export any services to South Korea.

Comparison: In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Latest Trends

September, 2024

About

Overview In September 2024, South Korea exported $7.28M and imported $1.83M from Lebanon, resulting in a positive trade balance of $5.45M. Between September 2023 and September 2024 the exports of South Korea have increased by $225k (3.19%) from $7.05M to $7.28M, while imports increased by $420k (29.9%) from $1.41M to $1.83M.

Trade In September 2024, the top exports of South Korea to Lebanon were Miscellaneous edible preparations ($1.3M), Electrical machinery and electronics ($1.27M), Rubber & articles thereof ($1.03M), Machinery, mechanical appliances, & parts ($1.01M), and Cars, tractors, trucks & parts thereof. ($913k). In September 2024 the top imports of South Korea from Lebanon were Copper articles ($1.62M), Aluminum articles ($718k), Non-knitted clothing accesories ($20k), Leather articles ($4k), and Furniture, bedding, lamps, & prefab buildings ($1k).

Growth In September 2024, the increase in South Korea's year-by-year exports to Lebanon was explained primarily by an increase in product exports in Miscellaneous edible preparations ($1.3M or 32.4k%), Rubber & articles thereof ($855k or 494%), and Machinery, mechanical appliances, & parts ($460k or 83.6%). In September 2024, the increase in South Korea's year-by-year imports  from Lebanon was explained primarily by an increase in product imports  in Non-knitted clothing accesories ($16k or 400%) and Leather articles ($3k or 300%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$225k(3.19%)
IMPORT GROWTH (September 2023 - September 2024)$420k(29.9%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Lebanon and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Lebanon and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $147M to Lebanon. The main products exported from South Korea to Lebanon were Cars ($57.3M), Electric Batteries ($14.5M), and Rubber Tires ($7.36M). During the last 5 years the exports of South Korea to Lebanon have decreased at an annualized rate of 7.76%, from $220M in 2017 to $147M in 2022.

In 2017, Lebanon exported $88M to South Korea. The main products exported from Lebanon to South Korea were Scrap Copper ($50M), Scrap Aluminium ($23.8M), and Scrap Iron ($5.63M). During the last 5 years the exports of Lebanon to South Korea have increased at an annualized rate of 9.37%, from $56.3M in 2022 to $88M in 2017.

Exports from South Korea (Flag) to Lebanon (Flag) (2022)

Exports from Lebanon (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Lebanon
Top DestinationUnited Arab Emirates$956M

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

In 2022, countries that imported more from South Korea than Lebanon included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, countries that imported more from Lebanon than South Korea included Syria ($370M), Republic of the Congo ($56.2M), and Sierra Leone ($15.3M).

Difference in imports from Lebanon (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Lebanon

Flow
Scale

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

During 2022, South Korea had a large net trade with Lebanon in the exports of Transportation ($64.9M), Machines ($31.1M), and Plastics and Rubbers ($19.3M).

During 2017, Lebanon had a large net trade with South Korea in the exports of Metals ($86.6M), Textiles ($703k), and Instruments ($328k).

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Lebanon (Flag) (2022)

Keep Exploring

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