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2023
Flag → Flag
Exports $1.41MRnk 94 / 179
2023
Flag → Flag
Top Product $302kElectric Motor Parts
2023
Flag → Flag
Exports $23.1MRnk 95 / 206
2023
Flag → Flag
Top Product $6.09MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag
 GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC$52,926CURRENT US$
Rnk 23 / 196
2013-2023
Flag
GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195

About

Lebanon-Finland Trade: In 2023, Lebanon exported $1.41M to Finland. The main products that Lebanon exported to Finland were Electric Motor Parts ($302k), Furskin Apparel ($197k), and Other Cloth Articles ($183k). Over the past 5 years the exports of Lebanon to Finland have decreased at an annualized rate of 1.25%, from $1.5M in 2018 to $1.41M in 2023.

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

Finland-Lebanon Trade: In 2023, Finland exported $23.1M to Lebanon. The main products that Finland exported to Lebanon were Refined Petroleum ($6.09M), Sulfate Chemical Woodpulp ($3.54M), and Kaolin Coated Paper ($2.2M). Over the past 5 years the exports of Finland to Lebanon have decreased at an annualized rate of 14.2%,  from $49.6M in 2018 to $23.1M in 2023.

In 2023, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $1.41M to Finland. The main products exported from Lebanon to Finland were Electric Motor Parts ($302k), Furskin Apparel ($197k), and Other Cloth Articles ($183k). During the last 5 years the exports of Lebanon to Finland have decreased at an annualized rate of 1.25%, from $1.5M in 2018 to $1.41M in 2023.

In 2018, Finland exported $23.1M to Lebanon. The main products exported from Finland to Lebanon were Refined Petroleum ($6.09M), Sulfate Chemical Woodpulp ($3.54M), and Kaolin Coated Paper ($2.2M). During the last 5 years the exports of Finland to Lebanon have decreased at an annualized rate of 14.2%, from $49.6M in 2023 to $23.1M in 2018.

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

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

Latest Data

Trade between Lebanon (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Lebanon
Top DestinationUnited Arab Emirates$1.3B
Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Lebanon than Finland included United Arab Emirates ($1.3B), Iraq ($236M), and Kuwait ($168M).

In 2023, countries that imported more from Finland than Lebanon included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

Comparative Advantage Lebanon - Finland

Flow
Scale

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

During 2023, Lebanon had a large net trade with Finland in the exports of Machines ($309k), Foodstuffs ($283k), and Animal Hides ($199k).

During 2018, Finland had a large net trade with Lebanon in the exports of Paper Goods ($9.79M), Mineral Products ($6.11M), and Machines ($2.54M).

Economic Complexity

Competitive Landscape

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

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

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