2023
Flag
 GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC
$33,730CURRENT US$
Rnk 39 / 196
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195

About

Lebanon-Kuwait Trade: In 2023, Lebanon exported $168M to Kuwait. The main products that Lebanon exported to Kuwait were Jewellery ($51.2M), Pitted Fruits ($10.5M), and Packaged Medicaments ($8.83M). Over the past 5 years the exports of Lebanon to Kuwait have decreased at an annualized rate of 1.79%, from $183M in 2018 to $168M in 2023.

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

Kuwait-Lebanon Trade: In 2023, Kuwait exported $28.3M to Lebanon. The main products that Kuwait exported to Lebanon were Jewellery ($12.2M), Ethylene Polymers ($3.45M), and Glass Bottles ($3.24M). Over the past 5 years the exports of Kuwait to Lebanon have decreased at an annualized rate of 36.9%,  from $284M in 2018 to $28.3M in 2023.

In 2023, Kuwait 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, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $168M to Kuwait. The main products exported from Lebanon to Kuwait were Jewellery ($51.2M), Pitted Fruits ($10.5M), and Packaged Medicaments ($8.83M). During the last 5 years the exports of Lebanon to Kuwait have decreased at an annualized rate of 1.79%, from $183M in 2018 to $168M in 2023.

In 2018, Kuwait exported $28.3M to Lebanon. The main products exported from Kuwait to Lebanon were Jewellery ($12.2M), Ethylene Polymers ($3.45M), and Glass Bottles ($3.24M). During the last 5 years the exports of Kuwait to Lebanon have decreased at an annualized rate of 36.9%, from $284M in 2023 to $28.3M in 2018.

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

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

Latest Data

Trade between Lebanon (Flag) and Kuwait (Flag)

Kuwait Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Kuwait
Top Destination
China$17.4B

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

In 2023, countries that imported more from Lebanon than Kuwait included Switzerland ($177M), Turkey ($253M), and Syria ($126M).

In 2023, countries that imported more from Kuwait than Lebanon included China ($17.4B), India ($9.51B), and Japan ($9.13B).

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

Comparative Advantage Lebanon - Kuwait

Flow
Scale

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

During 2023, Lebanon had a large net trade with Kuwait in the exports of Precious Metals ($51.4M), Vegetable Products ($42.2M), and Chemical Products ($19.2M).

During 2018, Kuwait had a large net trade with Lebanon in the exports of Precious Metals ($13.1M), Plastics and Rubbers ($4.2M), and Stone And Glass ($3.66M).

Economic Complexity

Competitive Landscape

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

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

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