2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Lebanon-Guinea Trade: In 2023, Lebanon exported $31.3M to Guinea. The main products that Lebanon exported to Guinea were Electric Generating Sets ($5.74M), Iron Structures ($1.7M), and Stone Processing Machines ($1.5M). Over the past 5 years the exports of Lebanon to Guinea have increased at an annualized rate of 13.9%, from $16.3M in 2018 to $31.3M in 2023.

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

Guinea-Lebanon Trade: In 2023, Guinea exported $263 to Lebanon. The main products that Guinea exported to Lebanon were Refrigerators ($181), Household Washing Machines ($67), and Gaskets ($15). Over the past 5 years the exports of Guinea to Lebanon have decreased at an annualized rate of 86.5%,  from $44.4M in 2018 to $263 in 2023.

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

Comparison: In 2023,  Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $31.3M to Guinea. The main products exported from Lebanon to Guinea were Electric Generating Sets ($5.74M), Iron Structures ($1.7M), and Stone Processing Machines ($1.5M). During the last 5 years the exports of Lebanon to Guinea have increased at an annualized rate of 13.9%, from $16.3M in 2018 to $31.3M in 2023.

In 2018, Guinea exported $263 to Lebanon. The main products exported from Guinea to Lebanon were Refrigerators ($181), Household Washing Machines ($67), and Gaskets ($15). During the last 5 years the exports of Guinea to Lebanon have decreased at an annualized rate of 86.5%, from $44.4M in 2023 to $263 in 2018.

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

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

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Guinea
Top Destination
United Arab Emirates$9.05B

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

In 2023, countries that imported more from Lebanon than Guinea included Egypt ($340M), Iraq ($236M), and Turkey ($253M).

In 2023, countries that imported more from Guinea than Lebanon included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

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

Comparative Advantage Lebanon - Guinea

Flow
Scale

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

During 2023, Lebanon had a large net trade with Guinea in the exports of Machines ($12.4M), Metals ($5.9M), and Foodstuffs ($3.13M).

During 2018, Guinea had a large net trade with Lebanon in the exports of Machines ($263).

Economic Complexity

Competitive Landscape

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

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

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