2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Lebanon-Finland Trade: In 2022, Lebanon exported $2.54M to Finland. The main products that Lebanon exported to Finland were Tanks and Armored vehicles ($1.75M), Furskin Apparel ($245k), and Other Cloth Articles ($160k). Over the past 5 years the exports of Lebanon to Finland have increased at an annualized rate of 14.6%, from $1.29M in 2017 to $2.54M in 2022.

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

Finland-Lebanon Trade: In 2022, Finland exported $44M to Lebanon. The main products that Finland exported to Lebanon were Refined Petroleum ($31.1M), Kaolin Coated Paper ($3.59M), and Other Uncoated Paper ($1.77M). Over the past 5 years the exports of Finland to Lebanon have increased at an annualized rate of 2.24%,  from $39.4M in 2017 to $44M in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $2.54M to Finland. The main products exported from Lebanon to Finland were Tanks and Armored vehicles ($1.75M), Furskin Apparel ($245k), and Other Cloth Articles ($160k). During the last 5 years the exports of Lebanon to Finland have increased at an annualized rate of 14.6%, from $1.29M in 2017 to $2.54M in 2022.

In 2017, Finland exported $44M to Lebanon. The main products exported from Finland to Lebanon were Refined Petroleum ($31.1M), Kaolin Coated Paper ($3.59M), and Other Uncoated Paper ($1.77M). During the last 5 years the exports of Finland to Lebanon have increased at an annualized rate of 2.24%, from $39.4M in 2022 to $44M in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Finland
Top Destination
Germany$9.99B

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 2022, countries that imported more from Lebanon than Finland included United Arab Emirates ($956M), Syria ($370M), and Iraq ($162M).

In 2022, countries that imported more from Finland than Lebanon included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

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

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 2022, Lebanon had a large net trade with Finland in the exports of Transportation ($1.75M), Animal Hides ($246k), and Foodstuffs ($169k).

During 2017, Finland had a large net trade with Lebanon in the exports of Mineral Products ($31.1M), Paper Goods ($7.96M), and Machines ($1.7M).

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with