Lebanon (LBN) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Lebanon-Armenia Trade: In 2022, Lebanon exported $2.06M to Armenia. The main products that Lebanon exported to Armenia were Jewellery ($202k), Diamonds ($150k), and Other Processed Fruits and Nuts ($114k). Over the past 5 years the exports of Lebanon to Armenia have increased at an annualized rate of 13.3%, from $1.1M in 2017 to $2.06M in 2022.

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

Armenia-Lebanon Trade: In 2022, Armenia exported $1.71M to Lebanon. The main products that Armenia exported to Lebanon were Sheep and Goats ($1.2M), Semiconductor Devices ($115k), and House Linens ($90.7k). Over the past 5 years the exports of Armenia to Lebanon have increased at an annualized rate of 41.6%, from $300k in 2017 to $1.71M in 2022.

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

Comparison: In 2022, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lebanon exported $2.06M to Armenia. The main products exported from Lebanon to Armenia were Jewellery ($202k), Diamonds ($150k), and Other Processed Fruits and Nuts ($114k). During the last 5 years the exports of Lebanon to Armenia have increased at an annualized rate of 13.3%, from $1.1M in 2017 to $2.06M in 2022.

In 2017, Armenia exported $1.71M to Lebanon. The main products exported from Armenia to Lebanon were Sheep and Goats ($1.2M), Semiconductor Devices ($115k), and House Linens ($90.7k). During the last 5 years the exports of Armenia to Lebanon have increased at an annualized rate of 41.6%, from $300k in 2022 to $1.71M in 2017.

Exports from Lebanon () to Armenia () (2022)

Exports from Armenia () to Lebanon () (2022)

Latest Data

Trade between Lebanon () and Armenia ()

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lebanon
Top DestinationUnited Arab Emirates$956M

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Armenia than Lebanon included Russia ($2.36B), China ($420M), and Georgia ($260M).

Difference in imports from Armenia () and Lebanon () (2022)

Comparative Advantage Lebanon - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lebanon had a large net trade with Armenia in the exports of Foodstuffs ($353k), Precious Metals ($352k), and Chemical Products ($256k).

During 2017, Armenia had a large net trade with Lebanon in the exports of Animal Products ($1.2M), Textiles ($279k), and Machines ($182k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Lebanon () to Armenia () (2022)

Exports from Armenia () to Lebanon () (2022)

Latest Data

Trade between Lebanon () and Armenia ()

Armenia Exports

Market Competitiveness

Difference in imports from Armenia () and Lebanon () (2022)

Comparative Advantage Lebanon - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Lebanon () and Armenia () (2022)

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