Overview: This page contains the latest international trade data for Lebanon, including service trade data, and tariffs. In 2018 Lebanon was the number 81 economy in the world in terms of GDP (current US$), the number 122 in total exports, the number 75 in total imports, and the number 51 most complex economy according to the Economic Complexity Index (ECI). In 2018, Lebanon exported $3.6B and imported $21B, resulting in a negative trade balance of -$17.4B. In 2018, Lebanon's exports per capita were $526 and its imports per capita were $3.07k.
In 2018 Lebanon exported a total of $3.6B, making it the number 122 exporter in the world. During the last five reported years the exports of Lebanon have changed by -$1.21B from $4.81B in 2013 to $3.6B in 2018.
In 2018 Lebanon imported $21B, making it the number 75 trade destination in the world. During the last five reported years the imports of Lebanon changed by -$988M from $22B in 2013 to $21B in 2018.
In 2017, Lebanon exported $15.4B worth of services. The top services exported by Lebanon in 2017 were Personal travel ($7.45B), Financial services ($2.09B), Merchanting and other trade-related services ($1.27B), Miscellaneous business, professional, and technical services ($1.04B), and Air transport ($528M).
The top services imported by Lebanon in 2017 were Personal travel ($5.21B), Financial services ($2.32B), Merchanting and other trade-related services ($1.57B), Sea transport ($1.23B), and Miscellaneous business, professional, and technical services ($577M).
This section shows forecasts for total product exports and imports for Lebanon. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
*The tariffs applied to imports for Lebanon are:136: Most Favoured Nation duty rate treatement217: Preferential tariff for European Free Trade Association (EFTA) countries218: Preferential tariff for European Union countries238: Preferential tariff for Iceland281: Preferential tariff for Norway307: Preferential tariff for Switzerland and Liechtenstein313: Preferential tariff for the League of Arab States
During the last 15 years Lebanon's economy has become relatively less complex, moving from the 43rd to the 51st position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.
The top export opportunities for Lebanon according to the relatedness index, are Melons (0.31), Non-fillet Fresh Fish (0.31), Raw Cotton (0.3), Rolled Tobacco (0.3), and Tanned Sheep Hides (0.3). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Lebanon is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.
Lebanon
