Azerbaijan-Lebanon Trade: In 2023, Azerbaijan exported $2.92M to Lebanon. The main products that Azerbaijan exported to Lebanon were Refined Petroleum ($2.7M), Lubricating Products ($109k), and Other Vegetable Residues ($70.7k). Over the past 5 years the exports of Azerbaijan to Lebanon have decreased at an annualized rate of 39.6%, from $36.5M in 2018 to $2.92M in 2023.
In 2006, Azerbaijan exported services to Lebanon worth $3.27M, with Construction services ($3.27M) being the largest in terms of value.
Lebanon-Azerbaijan Trade: In 2023, Lebanon exported $7.88M to Azerbaijan. The main products that Lebanon exported to Azerbaijan were Electric Generating Sets ($3.92M), Combustion Engines ($3.08M), and Chocolate ($567k). Over the past 5 years the exports of Lebanon to Azerbaijan have increased at an annualized rate of 26.6%, from $2.42M in 2018 to $7.88M in 2023.
In 2023, Lebanon did not export any services to Azerbaijan.
Comparison: In 2023, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B). That same year, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).