2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Kuwait-Lebanon Trade: In 2022, Kuwait exported $113M to Lebanon. The main products that Kuwait exported to Lebanon were Cars ($56.9M), Jewellery ($36.8M), and Ethylene Polymers ($4.09M). Over the past 5 years the exports of Kuwait to Lebanon have decreased at an annualized rate of 18.1%, from $307M in 2017 to $113M in 2022.

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

Lebanon-Kuwait Trade: In 2022, Lebanon exported $154M to Kuwait. The main products that Lebanon exported to Kuwait were Jewellery ($28.7M), Packaged Medicaments ($9.09M), and Potatoes ($6.71M). Over the past 5 years the exports of Lebanon to Kuwait have increased at an annualized rate of 2.33%,  from $128M in 2017 to $154M in 2022.

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

Comparison: In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). 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, Kuwait exported $113M to Lebanon. The main products exported from Kuwait to Lebanon were Cars ($56.9M), Jewellery ($36.8M), and Ethylene Polymers ($4.09M). During the last 5 years the exports of Kuwait to Lebanon have decreased at an annualized rate of 18.1%, from $307M in 2017 to $113M in 2022.

In 2017, Lebanon exported $154M to Kuwait. The main products exported from Lebanon to Kuwait were Jewellery ($28.7M), Packaged Medicaments ($9.09M), and Potatoes ($6.71M). During the last 5 years the exports of Lebanon to Kuwait have increased at an annualized rate of 2.33%, from $128M in 2022 to $154M in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Lebanon (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Lebanon
Top Destination
United Arab Emirates$956M

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

In 2022, countries that imported more from Kuwait than Lebanon included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Lebanon than Kuwait included Syria ($370M), Switzerland ($162M), and Greece ($107M).

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

Comparative Advantage Kuwait - Lebanon

Flow
Scale

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

During 2022, Kuwait had a large net trade with Lebanon in the exports of Transportation ($58.3M), Precious Metals ($37M), and Plastics and Rubbers ($4.67M).

During 2017, Lebanon had a large net trade with Kuwait in the exports of Vegetable Products ($38.3M), Precious Metals ($29.4M), and Foodstuffs ($22M).

Economic Complexity

Competitive Landscape

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

Product Space of Kuwait (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