Exports In 2020, Lebanon exported $1.64M in Refined Petroleum, making it the 144th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 210th most exported product in Lebanon. The main destination of Refined Petroleum exports from Lebanon are: Syria ($856k), Iraq ($162k), Kuwait ($94.8k), Senegal ($93.7k), and Angola ($78.6k).
The fastest growing export markets for Refined Petroleum of Lebanon between 2019 and 2020 were Kuwait ($94.8k), Senegal ($92.3k), and Sierra Leone ($47.9k).
Imports In 2020, Lebanon imported $2.81B in Refined Petroleum, becoming the 40th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Lebanon. Lebanon imports Refined Petroleum primarily from: Greece ($732M), Russia ($423M), Turkey ($359M), Italy ($229M), and United States ($189M).
The fastest growing import markets in Refined Petroleum for Lebanon between 2019 and 2020 were Russia ($52.9M), Cyprus ($40.2M), and Sweden ($35.1M).
Tariffs In 2018, the average tariff for Lebanon in Refined Petroleum was 3%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatement, 3.5%), Burundi (Most Favoured Nation duty rate treatement, 3.5%), Benin (Most Favoured Nation duty rate treatement, 3.5%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.5%), and Botswana (Most Favoured Nation duty rate treatement, 3.5%).