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2023
Flag → Flag
Exports $64.3MRnk 21 / 179
2023
Flag → Flag
Top Product $50.5MRefined Petroleum
2023
Flag → Flag
Exports $116MRnk 21 / 89
2023
Flag → Flag
Top Product $104MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
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GDP PC$6,173CURRENT US$
Rnk 112 / 196
2013-2023
Flag
GDP PC GROWTH-48.4%CURRENT US$
Rnk 193 / 195

About

Lebanon-Libya Trade: In 2023, Lebanon exported $64.3M to Libya. The main products that Lebanon exported to Libya were Refined Petroleum ($50.5M), Insulated Wire ($1.54M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.21M). Over the past 5 years the exports of Lebanon to Libya have increased at an annualized rate of 46.5%, from $9.55M in 2018 to $64.3M in 2023.

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

Libya-Lebanon Trade: In 2023, Libya exported $116M to Lebanon. The main products that Libya exported to Lebanon were Refined Petroleum ($104M), Raw Iron Bars ($8.62M), and Petroleum Gas ($3.16M). Over the past 5 years the exports of Libya to Lebanon have decreased at an annualized rate of 10.6%,  from $203M in 2018 to $116M in 2023.

In 2023, Libya 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, Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $64.3M to Libya. The main products exported from Lebanon to Libya were Refined Petroleum ($50.5M), Insulated Wire ($1.54M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.21M). During the last 5 years the exports of Lebanon to Libya have increased at an annualized rate of 46.5%, from $9.55M in 2018 to $64.3M in 2023.

In 2018, Libya exported $116M to Lebanon. The main products exported from Libya to Lebanon were Refined Petroleum ($104M), Raw Iron Bars ($8.62M), and Petroleum Gas ($3.16M). During the last 5 years the exports of Libya to Lebanon have decreased at an annualized rate of 10.6%, from $203M in 2023 to $116M in 2018.

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

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

Market Competitiveness

Color
Lebanon
Top DestinationUnited Arab Emirates$1.3B
Libya
Top DestinationItaly$7.96B

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 2023, countries that imported more from Lebanon than Libya included Egypt ($340M), Iraq ($236M), and Kuwait ($168M).

In 2023, countries that imported more from Libya than Lebanon included Italy ($7.96B), Germany ($5.16B), and Spain ($3.08B).

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

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 2023, Lebanon had a large net trade with Libya in the exports of Mineral Products ($50.6M), Foodstuffs ($5.04M), and Machines ($2.76M).

During 2018, Libya had a large net trade with Lebanon in the exports of Mineral Products ($107M), Metals ($8.62M), and Paper Goods ($34.9k).

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) (2023)

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