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2023
Flag → Flag
Exports $1.47MRnk 92 / 179
2023
Flag → Flag
Top Product $244kJewellery
2023
Flag → Flag
Exports $3.59MRnk 50 / 133
2023
Flag → Flag
Top Product $3.29MSheep and Goats
2023
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag
 GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC$8,053CURRENT US$
Rnk 96 / 196
2013-2023
Flag
GDP PC GROWTH119%CURRENT US$
Rnk 4 / 195

About

Lebanon-Armenia Trade: In 2023, Lebanon exported $1.47M to Armenia. The main products that Lebanon exported to Armenia were Jewellery ($244k), Diamonds ($179k), and Chocolate ($155k). Over the past 5 years the exports of Lebanon to Armenia have decreased at an annualized rate of 5.04%, from $1.9M in 2018 to $1.47M in 2023.

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

Armenia-Lebanon Trade: In 2023, Armenia exported $3.59M to Lebanon. The main products that Armenia exported to Lebanon were Sheep and Goats ($3.29M), House Linens ($86.9k), and Pile Fabric ($76.1k). Over the past 5 years the exports of Armenia to Lebanon have increased at an annualized rate of 66.2%,  from $283k in 2018 to $3.59M in 2023.

In 2023, Armenia 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, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $1.47M to Armenia. The main products exported from Lebanon to Armenia were Jewellery ($244k), Diamonds ($179k), and Chocolate ($155k). During the last 5 years the exports of Lebanon to Armenia have decreased at an annualized rate of 5.04%, from $1.9M in 2018 to $1.47M in 2023.

In 2018, Armenia exported $3.59M to Lebanon. The main products exported from Armenia to Lebanon were Sheep and Goats ($3.29M), House Linens ($86.9k), and Pile Fabric ($76.1k). During the last 5 years the exports of Armenia to Lebanon have increased at an annualized rate of 66.2%, from $283k in 2023 to $3.59M in 2018.

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

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

Latest Data

Trade between Lebanon (Flag) and Armenia (Flag)

Armenia Exports

Market Competitiveness

Color
Lebanon
Top DestinationUnited Arab Emirates$1.3B
Armenia
Top DestinationRussia$3.38B

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

In 2023, countries that imported more from Lebanon than Armenia included Egypt ($340M), Turkey ($253M), and Kuwait ($168M).

In 2023, countries that imported more from Armenia than Lebanon included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

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

Comparative Advantage Lebanon - Armenia

Flow
Scale

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

During 2023, Lebanon had a large net trade with Armenia in the exports of Precious Metals ($423k), Foodstuffs ($380k), and Textiles ($153k).

During 2018, Armenia had a large net trade with Lebanon in the exports of Animal Products ($3.29M), Textiles ($193k), and Stone And Glass ($45.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Lebanon (Flag) and Armenia (Flag) (2023)

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