2023
Flag
 GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC
$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195

About

Lebanon-Liberia Trade: In 2023, Lebanon exported $30.3M to Liberia. The main products that Lebanon exported to Liberia were Insulated Wire ($4.78M), Electric Generating Sets ($3.25M), and Computers ($2.47M). Over the past 5 years the exports of Lebanon to Liberia have increased at an annualized rate of 13.6%, from $16M in 2018 to $30.3M in 2023.

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

Liberia-Lebanon Trade: In 2023, Liberia exported $105M to Lebanon. The main products that Liberia exported to Lebanon were Gold ($105M), Passenger and Cargo Ships ($60k), and Cars ($36.2k). Over the past 5 years the exports of Liberia to Lebanon have increased at an annualized rate of 4.08%,  from $62.3M in 2018 to $105M in 2023.

In 2023, Liberia 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, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $30.3M to Liberia. The main products exported from Lebanon to Liberia were Insulated Wire ($4.78M), Electric Generating Sets ($3.25M), and Computers ($2.47M). During the last 5 years the exports of Lebanon to Liberia have increased at an annualized rate of 13.6%, from $16M in 2018 to $30.3M in 2023.

In 2018, Liberia exported $105M to Lebanon. The main products exported from Liberia to Lebanon were Gold ($105M), Passenger and Cargo Ships ($60k), and Cars ($36.2k). During the last 5 years the exports of Liberia to Lebanon have increased at an annualized rate of 4.08%, from $62.3M in 2023 to $105M in 2018.

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

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

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Liberia
Top Destination
Switzerland$708M

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

In 2023, countries that imported more from Lebanon than Liberia included United Arab Emirates ($1.3B), Egypt ($340M), and Iraq ($236M).

In 2023, countries that imported more from Liberia than Lebanon included Switzerland ($708M), United Kingdom ($306M), and France ($197M).

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

Comparative Advantage Lebanon - Liberia

Flow
Scale

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

During 2023, Lebanon had a large net trade with Liberia in the exports of Machines ($14.1M), Metals ($3.29M), and Chemical Products ($2.07M).

During 2018, Liberia had a large net trade with Lebanon in the exports of Precious Metals ($105M) and Transportation ($99.7k).

Economic Complexity

Competitive Landscape

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

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

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