2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Lebanon-Nigeria Trade: In 2022, Lebanon exported $47.2M to Nigeria. The main products that Lebanon exported to Nigeria were Machinery Having Individual Functions ($6.47M), Cellulose ($4.58M), and Insulated Wire ($2.39M). Over the past 5 years the exports of Lebanon to Nigeria have increased at an annualized rate of 9.37%, from $30.2M in 2017 to $47.2M in 2022.

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

Nigeria-Lebanon Trade: In 2022, Nigeria exported $7.22M to Lebanon. The main products that Nigeria exported to Lebanon were Wood Charcoal ($5.68M), Other Oily Seeds ($434k), and Float Glass ($428k). Over the past 5 years the exports of Nigeria to Lebanon have increased at an annualized rate of 4.97%,  from $5.67M in 2017 to $7.22M in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $47.2M to Nigeria. The main products exported from Lebanon to Nigeria were Machinery Having Individual Functions ($6.47M), Cellulose ($4.58M), and Insulated Wire ($2.39M). During the last 5 years the exports of Lebanon to Nigeria have increased at an annualized rate of 9.37%, from $30.2M in 2017 to $47.2M in 2022.

In 2017, Nigeria exported $7.22M to Lebanon. The main products exported from Nigeria to Lebanon were Wood Charcoal ($5.68M), Other Oily Seeds ($434k), and Float Glass ($428k). During the last 5 years the exports of Nigeria to Lebanon have increased at an annualized rate of 4.97%, from $5.67M in 2022 to $7.22M in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Nigeria (Flag)

Nigeria Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from Lebanon than Nigeria included United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

In 2022, countries that imported more from Nigeria than Lebanon included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Lebanon - Nigeria

Flow
Scale

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

During 2022, Lebanon had a large net trade with Nigeria in the exports of Machines ($22.5M), Metals ($5.5M), and Plastics and Rubbers ($5.28M).

During 2017, Nigeria had a large net trade with Lebanon in the exports of Wood Products ($5.68M), Vegetable Products ($895k), and Stone And Glass ($428k).

Economic Complexity

Competitive Landscape

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

Product Space of Lebanon (Flag) and Nigeria (Flag) (2022)

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