2023
Flag  
GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC 
$597CURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195

About

Somalia-Lebanon Trade: In 2023, Somalia exported $10.7k to Lebanon. The main products that Somalia exported to Lebanon were Citrus and Melon Peels ($7.8k), Wood Charcoal ($1.85k), and Essential Oils ($673). Over the past 5 years the exports of Somalia to Lebanon have decreased at an annualized rate of 29.9%, from $63.2k in 2018 to $10.7k in 2023.

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

Lebanon-Somalia Trade: In 2023, Lebanon exported $687k to Somalia. The main products that Lebanon exported to Somalia were Grapes ($116k), Stone Processing Machines ($107k), and Nonaqueous Paints ($104k). Over the past 5 years the exports of Lebanon to Somalia have increased at an annualized rate of 4.98%,  from $539k in 2018 to $687k in 2023.

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

Comparison In 2023,  Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index. 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, Somalia exported $10.7k to Lebanon. The main products exported from Somalia to Lebanon were Citrus and Melon Peels ($7.8k), Wood Charcoal ($1.85k), and Essential Oils ($673). During the last 5 years the exports of Somalia to Lebanon have decreased at an annualized rate of 29.9%, from $63.2k in 2018 to $10.7k in 2023.

In 2018, Lebanon exported $687k to Somalia. The main products exported from Lebanon to Somalia were Grapes ($116k), Stone Processing Machines ($107k), and Nonaqueous Paints ($104k). During the last 5 years the exports of Lebanon to Somalia have increased at an annualized rate of 4.98%, from $539k in 2023 to $687k in 2018.

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

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

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$360M
Lebanon
Top Destination
United Arab Emirates$1.3B

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

In 2023, countries that imported more from Somalia than Lebanon included Saudi Arabia ($283M), Oman ($180M), and Djibouti ($84.2M).

In 2023, countries that imported more from Lebanon than Somalia included United Arab Emirates ($1.3B), Egypt ($340M), and Turkey ($253M).

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

Comparative Advantage Somalia - Lebanon

Flow
Scale

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

During 2023, Somalia had a large net trade with Lebanon in the exports of Vegetable Products ($7.8k), Wood Products ($1.85k), and Chemical Products ($673).

During 2018, Lebanon had a large net trade with Somalia in the exports of Vegetable Products ($220k), Chemical Products ($214k), and Machines ($132k).

Economic Complexity

Competitive Landscape

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

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

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