2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Saudi Arabia-Lebanon Trade: In 2023, Saudi Arabia exported $442M to Lebanon. The main products that Saudi Arabia exported to Lebanon were Refined Petroleum ($183M), Raw Iron Bars ($55.7M), and Ethylene Polymers ($39.4M). Over the past 5 years the exports of Saudi Arabia to Lebanon have decreased at an annualized rate of 7.97%, from $669M in 2018 to $442M in 2023.

In 2023, Saudi Arabia did not export any services to Lebanon.

Lebanon-Saudi Arabia Trade: In 2023, Lebanon exported $1.65M to Saudi Arabia. The main products that Lebanon exported to Saudi Arabia were Refined Petroleum ($777k), Non-Knit Women's Suits ($229k), and Raw Plastic Sheeting ($127k). Over the past 5 years the exports of Lebanon to Saudi Arabia have decreased at an annualized rate of 63.1%,  from $241M in 2018 to $1.65M in 2023.

In 2023, Lebanon did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saudi Arabia exported $442M to Lebanon. The main products exported from Saudi Arabia to Lebanon were Refined Petroleum ($183M), Raw Iron Bars ($55.7M), and Ethylene Polymers ($39.4M). During the last 5 years the exports of Saudi Arabia to Lebanon have decreased at an annualized rate of 7.97%, from $669M in 2018 to $442M in 2023.

In 2018, Lebanon exported $1.65M to Saudi Arabia. The main products exported from Lebanon to Saudi Arabia were Refined Petroleum ($777k), Non-Knit Women's Suits ($229k), and Raw Plastic Sheeting ($127k). During the last 5 years the exports of Lebanon to Saudi Arabia have decreased at an annualized rate of 63.1%, from $241M in 2023 to $1.65M in 2018.

Exports from Saudi Arabia (Flag) to Lebanon (Flag) (2023)

Exports from Lebanon (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Lebanon (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Lebanon
Top Destination
United Arab Emirates$1.3B

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

In 2023, countries that imported more from Saudi Arabia than Lebanon included China ($64.4B), India ($34.8B), and Japan ($34.7B).

In 2023, countries that imported more from Lebanon than Saudi Arabia included Republic of the Congo ($66.8M), Cyprus ($114M), and Liberia ($30.3M).

Difference in imports from Lebanon (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Lebanon

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Lebanon in the exports of Mineral Products ($189M), Plastics and Rubbers ($70.2M), and Metals ($66.2M).

During 2018, Lebanon had a large net trade with Saudi Arabia in the exports of Mineral Products ($777k), Textiles ($354k), and Machines ($186k).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Lebanon (Flag) (2023)

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