2022
Flag
 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

Lebanon-Cyprus In 2022, Lebanon exported $48.9M to Cyprus. The main products that Lebanon exported to Cyprus are Rolled Tobacco ($8.19M), Aluminium Structures ($5.33M), and Refined Petroleum ($3.03M). During the last 27 years the exports of Lebanon to Cyprus have increased at an annualized rate of 6.13%, from $9.79M in 1995 to $48.9M in 2022.

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

Cyprus-Lebanon 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). During the last 27 years the exports of Cyprus to Lebanon have increased at an annualized rate of 7%, from $53.1M in 1995 to $329M in 2022.

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

Comparison In 2022,  Lebanon ranked 46 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 27 years the exports of Lebanon to Cyprus have increased at an annualized rate of 6.13%, from $9.79M in 1995 to $48.9M in 2022.

In 2022, 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 27 years the exports of Cyprus to Lebanon have increased at an annualized rate of 7%, from $53.1M in 1995 to $329M in 2022.

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 Destination
United Arab Emirates$956M
Cyprus
Top Destination
Hong 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 2021, countries that imported more from Lebanon than Cyprus were United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

In 2021, countries that imported more from Cyprus than Lebanon were 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 2022, 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 show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Lebanon has comparative advantage over Cyprus. Similarly, the more yellow a dot/product is, the more Cyprus has comparative advantage over Lebanon.

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

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