2023
Flag
 GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC
$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195

About

Lebanon-Turkey Trade: In 2023, Lebanon exported $253M to Turkey. The main products that Lebanon exported to Turkey were Cars ($109M), Scrap Iron ($40.7M), and Gold ($21.5M). Over the past 5 years the exports of Lebanon to Turkey have increased at an annualized rate of 5.82%, from $191M in 2018 to $253M in 2023.

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

Turkey-Lebanon Trade: In 2023, Turkey exported $1.51B to Lebanon. The main products that Turkey exported to Lebanon were Refined Petroleum ($656M), Seed Oils ($67.5M), and Petroleum Gas ($58.7M). Over the past 5 years the exports of Turkey to Lebanon have increased at an annualized rate of 12.4%,  from $843M in 2018 to $1.51B in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $253M to Turkey. The main products exported from Lebanon to Turkey were Cars ($109M), Scrap Iron ($40.7M), and Gold ($21.5M). During the last 5 years the exports of Lebanon to Turkey have increased at an annualized rate of 5.82%, from $191M in 2018 to $253M in 2023.

In 2018, Turkey exported $1.51B to Lebanon. The main products exported from Turkey to Lebanon were Refined Petroleum ($656M), Seed Oils ($67.5M), and Petroleum Gas ($58.7M). During the last 5 years the exports of Turkey to Lebanon have increased at an annualized rate of 12.4%, from $843M in 2023 to $1.51B in 2018.

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

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

Latest Data

Trade between Lebanon (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Turkey
Top Destination
Germany$24.7B

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

In 2023, no countries were registered that imported more from Lebanon than from Turkey.

In 2023, countries that imported more from Turkey than Lebanon included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

Comparative Advantage Lebanon - Turkey

Flow
Scale

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

During 2023, Lebanon had a large net trade with Turkey in the exports of Transportation ($115M), Metals ($43.5M), and Precious Metals ($29.2M).

During 2018, Turkey had a large net trade with Lebanon in the exports of Mineral Products ($723M), Textiles ($171M), and Foodstuffs ($118M).

Economic Complexity

Competitive Landscape

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

Product Space of Lebanon (Flag) and Turkey (Flag) (2023)

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