Lebanon (LBN) and Micronesia (FSM) Trade | The Observatory of Economic Complexity

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Lebanon (LBN) and Micronesia (FSM) Trade

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Exports $12Rnk 52 / 0

2022

Economic Complexity (ECI) ECI 0.38Rnk 48 / 133

2022

GDP$427MCURRENT US$
Rnk 182 / 186

2012-2022

GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186

2022

GDP PC$3,741CURRENT US$
Rnk 126 / 186

2012-2022

GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186

Image 1

Image by Chris
Link: https://flic.kr/p/2esZhhL

Image 2

Image by Department of Foreign Affairs and Trade
Link: https://flic.kr/p/jW3ux2

Historical Data
Economic Complexity

About

In N/A, Lebanon did not export any services to Micronesia.

Micronesia-Lebanon Trade: In N/A, Micronesia exported $12 to Lebanon. The main products that Micronesia exported to Lebanon were N/A. Over the past N/A years the exports of Micronesia to Lebanon have decreased at an annualized rate of 31.7%, from $81 in N/A to $12 in N/A.

In N/A, Micronesia 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, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Lebanon does not register exports to Micronesia.

In 2014, Micronesia exported $12 to Lebanon. There were not main exports from Micronesia to Lebanon in 2014. During the last 5 years the exports of Micronesia to Lebanon have decreased at an annualized rate of 31.7%, from $81 in 2019 to $12 in 2014.

Exports from Lebanon () to Micronesia () (2019)

Exports from Micronesia () to Lebanon () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lebanon
Top DestinationUnited Arab Emirates$956M

Micronesia
Top DestinationThailand$143M

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

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

In 2022, countries that imported more from Micronesia than Lebanon included Thailand ($143M), Philippines ($22.7M), and Japan ($8.37M).

Difference in imports from Micronesia () and Lebanon () (2022)

Comparative Advantage Lebanon - Micronesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2014, Micronesia had a large net trade with Lebanon in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Lebanon () and Micronesia () (2019)

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