2022
Flag
 GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
Rnk 185 / 186

About

Lebanon-Libya Trade: In 2022, Lebanon exported $19.4M to Libya. The main products that Lebanon exported to Libya were Flavored Water ($2.68M), Jewellery ($2.24M), and Electric Generating Sets ($2.13M). Over the past 5 years the exports of Lebanon to Libya have increased at an annualized rate of 21.7%, from $7.28M in 2017 to $19.4M in 2022.

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

Libya-Lebanon Trade: In 2022, Libya exported $107M to Lebanon. The main products that Libya exported to Lebanon were Petroleum Gas ($72.2M), Refined Petroleum ($28.8M), and Raw Iron Bars ($5.72M). Over the past 5 years the exports of Libya to Lebanon have decreased at an annualized rate of 5.32%,  from $141M in 2017 to $107M in 2022.

In 2022, Libya 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, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $19.4M to Libya. The main products exported from Lebanon to Libya were Flavored Water ($2.68M), Jewellery ($2.24M), and Electric Generating Sets ($2.13M). During the last 5 years the exports of Lebanon to Libya have increased at an annualized rate of 21.7%, from $7.28M in 2017 to $19.4M in 2022.

In 2017, Libya exported $107M to Lebanon. The main products exported from Libya to Lebanon were Petroleum Gas ($72.2M), Refined Petroleum ($28.8M), and Raw Iron Bars ($5.72M). During the last 5 years the exports of Libya to Lebanon have decreased at an annualized rate of 5.32%, from $141M in 2022 to $107M in 2017.

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

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

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Libya
Top Destination
Italy$9.26B

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

In 2022, countries that imported more from Lebanon than Libya included Syria ($370M), Egypt ($234M), and Iraq ($162M).

In 2022, countries that imported more from Libya than Lebanon included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

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

Comparative Advantage Lebanon - Libya

Flow
Scale

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

During 2022, Lebanon had a large net trade with Libya in the exports of Foodstuffs ($5.86M), Machines ($4.85M), and Precious Metals ($2.24M).

During 2017, Libya had a large net trade with Lebanon in the exports of Mineral Products ($101M), Metals ($5.72M), and Chemical Products ($282k).

Economic Complexity

Competitive Landscape

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

Product Space of Lebanon (Flag) and Libya (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