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2022
Flag → Flag
Exports $52kRnk 123 / 160
2022
Flag → Flag
Top Product $30.1kOther Printed Material
2022
Flag → Flag
Exports $164kRnk 146 / 177
2022
Flag → Flag
Top Product $30.9kGrapes
2022
Flag
Economic Complexity (ECI) ECI 0.38Rnk 48 / 133
2022
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GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
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GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
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GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
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GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

Iceland-Lebanon In 2022, Iceland exported $52k to Lebanon. The main products that Iceland exported to Lebanon are Other Printed Material ($30.1k), Orthopedic Appliances ($13.4k), and Scales ($6.57k). During the last 25 years the exports of Iceland to Lebanon have decreased at an annualized rate of 2.49%, from $97.7k in 1997 to $52k in 2022.

In 2022, Iceland did not export any services to Lebanon.

Lebanon-Iceland In 2022, Lebanon exported $164k to Iceland. The main products that Lebanon exported to Iceland were Grapes ($30.9k), Imitation Jewellery ($22.4k), and Wine ($21.5k). During the last 25 years the exports of Lebanon to Iceland have increased at an annualized rate of 26%, from $505 in 1997 to $164k in 2022.

In 2022, Lebanon did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $52k to Lebanon. The main products exported from Iceland to Lebanon were Other Printed Material ($30.1k), Orthopedic Appliances ($13.4k), and Scales ($6.57k). During the last 25 years the exports of Iceland to Lebanon have decreased at an annualized rate of 2.49%, from $97.7k in 1997 to $52k in 2022.

In 2022, Lebanon exported $164k to Iceland. The main products exported from Lebanon to Iceland were Grapes ($30.9k), Imitation Jewellery ($22.4k), and Wine ($21.5k). During the last 27 years the exports of Lebanon to Iceland have increased at an annualized rate of 26%, from $505 in 1995 to $164k in 2022.

Exports from Iceland (Flag) to Lebanon (Flag) (2022)

Exports from Lebanon (Flag) to Iceland (Flag) (2022)

Latest Data

Trade between Iceland (Flag) and Lebanon (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Lebanon
Top DestinationUnited Arab Emirates$956M

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

In 2021, countries that imported more from Iceland than Lebanon were Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

In 2021, countries that imported more from Lebanon than Iceland were United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

Difference in imports from Lebanon (Flag) and Iceland (Flag) (2022)

Comparative Advantage Iceland - Lebanon

Flow
Scale

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

During 2022, Iceland had a large net trade with Lebanon in the exports of Paper Goods ($30.1k), Instruments ($13.4k), and Machines ($8.33k).

During 2022, Lebanon had a large net trade with Iceland in the exports of Vegetable Products ($43.6k), Foodstuffs ($37.8k), and Precious Metals ($22.5k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Iceland has comparative advantage over Lebanon. Similarly, the more yellow a dot/product is, the more Lebanon has comparative advantage over Iceland.

Product Space of Iceland (Flag) and Lebanon (Flag) (2022)

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