2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Lebanon-Belgium Trade: In 2022, Lebanon exported $27.4M to Belgium. The main products that Lebanon exported to Belgium were Scrap Copper ($7.57M), Wine ($3.64M), and Non-Iron and Steel Slag, Ash and Residues ($3.31M). Over the past 5 years the exports of Lebanon to Belgium have increased at an annualized rate of 10.9%, from $16.3M in 2017 to $27.4M in 2022.

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

Belgium-Lebanon Trade: In 2022, Belgium exported $283M to Lebanon. The main products that Belgium exported to Lebanon were Refined Petroleum ($82.6M), Vaccines, blood, antisera, toxins and cultures ($32.2M), and Diamonds ($30.4M). Over the past 5 years the exports of Belgium to Lebanon have decreased at an annualized rate of 5.43%,  from $374M in 2017 to $283M in 2022.

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

Comparison: In 2022,  Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $27.4M to Belgium. The main products exported from Lebanon to Belgium were Scrap Copper ($7.57M), Wine ($3.64M), and Non-Iron and Steel Slag, Ash and Residues ($3.31M). During the last 5 years the exports of Lebanon to Belgium have increased at an annualized rate of 10.9%, from $16.3M in 2017 to $27.4M in 2022.

In 2017, Belgium exported $283M to Lebanon. The main products exported from Belgium to Lebanon were Refined Petroleum ($82.6M), Vaccines, blood, antisera, toxins and cultures ($32.2M), and Diamonds ($30.4M). During the last 5 years the exports of Belgium to Lebanon have decreased at an annualized rate of 5.43%, from $374M in 2022 to $283M in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Belgium
Top Destination
Germany$91.9B

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

In 2022, countries that imported more from Lebanon than Belgium included Syria ($370M), Grenada ($2.54M), and Anguilla ($418k).

In 2022, countries that imported more from Belgium than Lebanon included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Lebanon - Belgium

Flow
Scale

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

During 2022, Lebanon had a large net trade with Belgium in the exports of Metals ($9M), Foodstuffs ($4.51M), and Mineral Products ($3.32M).

During 2017, Belgium had a large net trade with Lebanon in the exports of Mineral Products ($82.9M), Chemical Products ($62.4M), and Precious Metals ($30.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lebanon Belgium+N/AN/A
Top Product Potential Belgium Lebanon+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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