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2023
Flag → Flag
Exports $64.8MRnk 20 / 179
2023
Flag → Flag
Top Product $19MPhosphoric Acid
2023
Flag → Flag
Exports $1.08BRnk 67 / 219
2023
Flag → Flag
Top Product $515MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Lebanon-Italy Trade: In 2023, Lebanon exported $64.8M to Italy. The main products that Lebanon exported to Italy were Phosphoric Acid ($19M), Electrical Transformers ($5.97M), and Gold ($4.81M). Over the past 5 years the exports of Lebanon to Italy have increased at an annualized rate of 3.58%, from $54.3M in 2018 to $64.8M in 2023.

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

Italy-Lebanon Trade: In 2023, Italy exported $1.08B to Lebanon. The main products that Italy exported to Lebanon were Refined Petroleum ($515M), Jewellery ($46.6M), and Gold ($40.8M). Over the past 5 years the exports of Italy to Lebanon have decreased at an annualized rate of 7.38%,  from $1.58B in 2018 to $1.08B in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $64.8M to Italy. The main products exported from Lebanon to Italy were Phosphoric Acid ($19M), Electrical Transformers ($5.97M), and Gold ($4.81M). During the last 5 years the exports of Lebanon to Italy have increased at an annualized rate of 3.58%, from $54.3M in 2018 to $64.8M in 2023.

In 2018, Italy exported $1.08B to Lebanon. The main products exported from Italy to Lebanon were Refined Petroleum ($515M), Jewellery ($46.6M), and Gold ($40.8M). During the last 5 years the exports of Italy to Lebanon have decreased at an annualized rate of 7.38%, from $1.58B in 2023 to $1.08B in 2018.

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

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

Latest Data

Trade between Lebanon (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Lebanon
Top DestinationUnited Arab Emirates$1.3B
Italy
Top DestinationGermany$71.4B

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

In 2023, countries that imported more from Lebanon than Italy included Syria ($126M), Sierra Leone ($21.5M), and Cocos (Keeling) Islands ($37.8k).

In 2023, countries that imported more from Italy than Lebanon included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Lebanon - Italy

Flow
Scale

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

During 2023, Lebanon had a large net trade with Italy in the exports of Chemical Products ($22.8M), Machines ($8.68M), and Precious Metals ($6.23M).

During 2018, Italy had a large net trade with Lebanon in the exports of Mineral Products ($519M), Machines ($111M), and Precious Metals ($88.1M).

Economic Complexity

Competitive Landscape

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

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

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