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2022
Flag → Flag
Exports $861kRnk 105 / 177
2022
Flag → Flag
Top Product $143kCars
2022
Flag → Flag
Exports $47.2kRnk 120 / 153
2022
Flag → Flag
Top Product $15.5kTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 0.38Rnk 48 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.17Rnk 56 / 133
2022
Flag
 GDP$76.5BCURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP GROWTH89.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC$17,358CURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP PC GROWTH61.2%CURRENT US$
Rnk 26 / 186

About

Lebanon-Panama Trade: In 2022, Lebanon exported $861k to Panama. The main products that Lebanon exported to Panama were Cars ($143k), Non-Knit Women's Suits ($115k), and Spices ($62.6k). Over the past 5 years the exports of Lebanon to Panama have decreased at an annualized rate of 8.21%, from $1.32M in 2017 to $861k in 2022.

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

Panama-Lebanon Trade: In 2022, Panama exported $47.2k to Lebanon. The main products that Panama exported to Lebanon were Tropical Fruits ($15.5k), Wood Ornaments ($12.2k), and Cars ($9.58k). Over the past 5 years the exports of Panama to Lebanon have decreased at an annualized rate of 37.6%,  from $500k in 2017 to $47.2k in 2022.

In 2022, Panama 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, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $861k to Panama. The main products exported from Lebanon to Panama were Cars ($143k), Non-Knit Women's Suits ($115k), and Spices ($62.6k). During the last 5 years the exports of Lebanon to Panama have decreased at an annualized rate of 8.21%, from $1.32M in 2017 to $861k in 2022.

In 2017, Panama exported $47.2k to Lebanon. The main products exported from Panama to Lebanon were Tropical Fruits ($15.5k), Wood Ornaments ($12.2k), and Cars ($9.58k). During the last 5 years the exports of Panama to Lebanon have decreased at an annualized rate of 37.6%, from $500k in 2022 to $47.2k in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Panama (Flag)

Panama Exports

Date

Market Competitiveness

Color
Lebanon
Top DestinationUnited Arab Emirates$956M
Panama
Top DestinationChina$1.14B

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

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

In 2022, countries that imported more from Panama than Lebanon included China ($1.14B), Japan ($785M), and South Korea ($539M).

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

Comparative Advantage Lebanon - Panama

Flow
Scale

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

During 2022, Lebanon had a large net trade with Panama in the exports of Foodstuffs ($210k), Transportation ($160k), and Vegetable Products ($131k).

During 2017, Panama had a large net trade with Lebanon in the exports of Vegetable Products ($19.6k), Wood Products ($12.2k), and Transportation ($10.6k).

Economic Complexity

Competitive Landscape

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

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

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