2023
Flag
 GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC
$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

Lebanon-Australia Trade: In 2023, Lebanon exported $22.8M to Australia. The main products that Lebanon exported to Australia were Pure Olive Oil ($2.55M), Jewellery ($2.36M), and Other Processed Fruits and Nuts ($2.19M). Over the past 5 years the exports of Lebanon to Australia have increased at an annualized rate of 3.6%, from $19.1M in 2018 to $22.8M in 2023.

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

Australia-Lebanon Trade: In 2023, Australia exported $27.3M to Lebanon. The main products that Australia exported to Lebanon were Coal Briquettes ($4.52M), Dried Legumes ($3.65M), and Bovine Meat ($2.47M). Over the past 5 years the exports of Australia to Lebanon have decreased at an annualized rate of 5.5%,  from $36.2M in 2018 to $27.3M in 2023.

In 2023, Australia 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, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $22.8M to Australia. The main products exported from Lebanon to Australia were Pure Olive Oil ($2.55M), Jewellery ($2.36M), and Other Processed Fruits and Nuts ($2.19M). During the last 5 years the exports of Lebanon to Australia have increased at an annualized rate of 3.6%, from $19.1M in 2018 to $22.8M in 2023.

In 2018, Australia exported $27.3M to Lebanon. The main products exported from Australia to Lebanon were Coal Briquettes ($4.52M), Dried Legumes ($3.65M), and Bovine Meat ($2.47M). During the last 5 years the exports of Australia to Lebanon have decreased at an annualized rate of 5.5%, from $36.2M in 2023 to $27.3M in 2018.

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

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

Latest Data

Trade between Lebanon (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Australia
Top Destination
China$137B

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

In 2023, countries that imported more from Lebanon than Australia included Syria ($126M), Cyprus ($114M), and Republic of the Congo ($66.8M).

In 2023, countries that imported more from Australia than Lebanon included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Comparative Advantage Lebanon - Australia

Flow
Scale

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

During 2023, Lebanon had a large net trade with Australia in the exports of Foodstuffs ($9.51M), Animal and Vegetable Bi-Products ($2.55M), and Machines ($2.51M).

During 2018, Australia had a large net trade with Lebanon in the exports of Vegetable Products ($6.61M), Animal Products ($5.25M), and Mineral Products ($4.53M).

Economic Complexity

Competitive Landscape

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

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

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