2022
Flag
 GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186

About

Lebanon-Serbia Trade: In 2022, Lebanon exported $638k to Serbia. The main products that Lebanon exported to Serbia were Tanks and Armored vehicles ($151k), Animal Organs ($116k), and Other Lead Products ($76.5k). Over the past 5 years the exports of Lebanon to Serbia have decreased at an annualized rate of 21.3%, from $2.12M in 2017 to $638k in 2022.

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

Serbia-Lebanon Trade: In 2022, Serbia exported $14.3M to Lebanon. The main products that Serbia exported to Lebanon were Processed Tobacco ($4.32M), Mixed Mineral or Chemical Fertilizers ($2.82M), and Wadding ($1.87M). Over the past 5 years the exports of Serbia to Lebanon have decreased at an annualized rate of 2.49%,  from $16.3M in 2017 to $14.3M in 2022.

In 2009, Serbia exported services to Lebanon worth $1.51M, with Workers' remittances ($373k), Personal, cultural, and recreational services ($257k), and Other business services ($206k) being the largest in terms of value.

Comparison: In 2022,  Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $638k to Serbia. The main products exported from Lebanon to Serbia were Tanks and Armored vehicles ($151k), Animal Organs ($116k), and Other Lead Products ($76.5k). During the last 5 years the exports of Lebanon to Serbia have decreased at an annualized rate of 21.3%, from $2.12M in 2017 to $638k in 2022.

In 2017, Serbia exported $14.3M to Lebanon. The main products exported from Serbia to Lebanon were Processed Tobacco ($4.32M), Mixed Mineral or Chemical Fertilizers ($2.82M), and Wadding ($1.87M). During the last 5 years the exports of Serbia to Lebanon have decreased at an annualized rate of 2.49%, from $16.3M in 2022 to $14.3M in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Serbia (Flag)

Serbia Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Serbia
Top Destination
Germany$4B

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

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

In 2022, countries that imported more from Serbia than Lebanon included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

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

Comparative Advantage Lebanon - Serbia

Flow
Scale

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

During 2022, Lebanon had a large net trade with Serbia in the exports of Transportation ($151k), Animal Products ($116k), and Vegetable Products ($94.7k).

During 2017, Serbia had a large net trade with Lebanon in the exports of Foodstuffs ($5.2M), Chemical Products ($3.19M), and Textiles ($2.27M).

Economic Complexity

Competitive Landscape

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

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

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