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2022
Flag → Flag
Exports $48.9MRnk 20 / 177
2022
Flag → Flag
Top Product $8.19MRolled Tobacco
2022
Flag → Flag
Exports $329MRnk 3 / 194
2022
Flag → Flag
Top Product $301MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.38Rnk 48 / 133
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
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GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Lebanon-Cyprus Trade: In 2022, Lebanon exported $48.9M to Cyprus. The main products that Lebanon exported to Cyprus were Rolled Tobacco ($8.19M), Aluminium Structures ($5.33M), and Refined Petroleum ($3.03M). Over the past 5 years the exports of Lebanon to Cyprus have increased at an annualized rate of 28.1%, from $14.2M in 2017 to $48.9M in 2022.

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

Cyprus-Lebanon Trade: In 2022, Cyprus exported $329M to Lebanon. The main products that Cyprus exported to Lebanon were Refined Petroleum ($301M), Rolled Tobacco ($10.4M), and Bovine ($3.13M). Over the past 5 years the exports of Cyprus to Lebanon have increased at an annualized rate of 35.2%,  from $72.9M in 2017 to $329M in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $48.9M to Cyprus. The main products exported from Lebanon to Cyprus were Rolled Tobacco ($8.19M), Aluminium Structures ($5.33M), and Refined Petroleum ($3.03M). During the last 5 years the exports of Lebanon to Cyprus have increased at an annualized rate of 28.1%, from $14.2M in 2017 to $48.9M in 2022.

In 2017, Cyprus exported $329M to Lebanon. The main products exported from Cyprus to Lebanon were Refined Petroleum ($301M), Rolled Tobacco ($10.4M), and Bovine ($3.13M). During the last 5 years the exports of Cyprus to Lebanon have increased at an annualized rate of 35.2%, from $72.9M in 2022 to $329M in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Lebanon
Top DestinationUnited Arab Emirates$956M
Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Lebanon included Hong Kong ($482M), Greece ($471M), and Israel ($254M).

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

Comparative Advantage Lebanon - Cyprus

Flow
Scale

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

During 2022, Lebanon had a large net trade with Cyprus in the exports of Foodstuffs ($11.3M), Metals ($10.6M), and Machines ($6.02M).

During 2017, Cyprus had a large net trade with Lebanon in the exports of Mineral Products ($301M), Foodstuffs ($13.3M), and Animal Products ($3.81M).

Economic Complexity

Competitive Landscape

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

Product Space of Lebanon (Flag) and Cyprus (Flag) (2022)

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