2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC 
$33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195

About

Kuwait-Lebanon Trade: In 2023, Kuwait exported $28.3M to Lebanon. The main products that Kuwait exported to Lebanon were Jewellery ($12.2M), Ethylene Polymers ($3.45M), and Glass Bottles ($3.24M). Over the past 5 years the exports of Kuwait to Lebanon have decreased at an annualized rate of 36.9%, from $284M in 2018 to $28.3M in 2023.

In 2023, Kuwait did not export any services to Lebanon.

Lebanon-Kuwait Trade: In 2023, Lebanon exported $168M to Kuwait. The main products that Lebanon exported to Kuwait were Jewellery ($51.2M), Pitted Fruits ($10.5M), and Packaged Medicaments ($8.83M). Over the past 5 years the exports of Lebanon to Kuwait have decreased at an annualized rate of 1.79%,  from $183M in 2018 to $168M in 2023.

In 2023, Lebanon did not export any services to Kuwait.

Comparison: In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B). That same year, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $28.3M to Lebanon. The main products exported from Kuwait to Lebanon were Jewellery ($12.2M), Ethylene Polymers ($3.45M), and Glass Bottles ($3.24M). During the last 5 years the exports of Kuwait to Lebanon have decreased at an annualized rate of 36.9%, from $284M in 2018 to $28.3M in 2023.

In 2018, Lebanon exported $168M to Kuwait. The main products exported from Lebanon to Kuwait were Jewellery ($51.2M), Pitted Fruits ($10.5M), and Packaged Medicaments ($8.83M). During the last 5 years the exports of Lebanon to Kuwait have decreased at an annualized rate of 1.79%, from $183M in 2023 to $168M in 2018.

Exports from Kuwait (Flag) to Lebanon (Flag) (2023)

Exports from Lebanon (Flag) to Kuwait (Flag) (2023)

Latest Data

Trade between Kuwait (Flag) and Lebanon (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Lebanon
Top Destination
United Arab Emirates$1.3B

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

In 2023, countries that imported more from Kuwait than Lebanon included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from Lebanon than Kuwait included Switzerland ($177M), Turkey ($253M), and Syria ($126M).

Difference in imports from Lebanon (Flag) and Kuwait (Flag) (2023)

Comparative Advantage Kuwait - Lebanon

Flow
Scale

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

During 2023, Kuwait had a large net trade with Lebanon in the exports of Precious Metals ($13.1M), Plastics and Rubbers ($4.2M), and Stone And Glass ($3.66M).

During 2018, Lebanon had a large net trade with Kuwait in the exports of Precious Metals ($51.4M), Vegetable Products ($42.2M), and Chemical Products ($19.2M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Kuwait and Lebanon. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Lebanon. Similarly, a dot/product with the flag of Lebanon indicates it has a comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and Lebanon (Flag) (2023)

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