HS Icon Crude Petroleum in  Flag Lebanon

2020
Exports | Imports
: $115 | $422, World Rnk 125 / 132
Flag Rnk 1007 / 1021 | World Rnk 0 / 0
Flag Rnk 0 / 0

2020
ECONOMIC COMPLEXITY of Lebanon
: 0.28, Rnk 48 / 127

2020
PRODUCT COMPLEXITY  IN Crude Petroleum
: -2.2, Rnk 1018 / 1029

Exports In 2020, Lebanon exported $115 in Crude Petroleum, making it the 125th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1007th most exported product in Lebanon. The main destination of Crude Petroleum exports from Lebanon are: Republic of the Congo ($115).

The fastest growing export markets for Crude Petroleum of Lebanon between 2019 and 2020 were Republic of the Congo ($115).

Imports In 2019, Lebanon imported $422 in Crude Petroleum, becoming the 0th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 0th most imported product in Lebanon. Lebanon imports Crude Petroleum primarily from: N/A.

Tariffs In 2018, the average tariff for Lebanon in Crude Petroleum was 4.38%. The countries with the highest import tariffs for Crude Petroleum were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $115

IMPORTS (2019): $422

NET TRADE (2020): $115

In 2020, Lebanon exported $115 in Crude Petroleum. The main destinations of Lebanon exports on Crude Petroleum were Republic of the Congo ($115).

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THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Lebanon WERE (2019 - 2020):: Republic of the Congo, $115 (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Lebanon WERE (2019 - 2020):: Syria, -$6.59k (-100%)

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Market Concentration

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In 2020, Lebanon's main exporting competitors in Crude Petroleum were:

In 2020, Lebanon's main importing competitors in Crude Petroleum were:

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