2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Lebanon-Guinea Trade: In 2022, Lebanon exported $16.4M to Guinea. The main products that Lebanon exported to Guinea were Electric Generating Sets ($1.84M), Electrical Control Boards ($1.62M), and Other Furniture ($1.19M). Over the past 5 years the exports of Lebanon to Guinea have increased at an annualized rate of 68.5%, from $1.21M in 2017 to $16.4M in 2022.

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

Guinea-Lebanon Trade: In 2022, Guinea exported $67.6M to Lebanon. The main products that Guinea exported to Lebanon were Coffee ($695k), Sawn Wood ($182k), and Liquid Dispersing Machines ($1.71k). Over the past 5 years the exports of Guinea to Lebanon have increased at an annualized rate of 390%,  from $24k in 2017 to $67.6M in 2022.

In 2022, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $16.4M to Guinea. The main products exported from Lebanon to Guinea were Electric Generating Sets ($1.84M), Electrical Control Boards ($1.62M), and Other Furniture ($1.19M). During the last 5 years the exports of Lebanon to Guinea have increased at an annualized rate of 68.5%, from $1.21M in 2017 to $16.4M in 2022.

In 2017, Guinea exported $67.6M to Lebanon. The main products exported from Guinea to Lebanon were Coffee ($695k), Sawn Wood ($182k), and Liquid Dispersing Machines ($1.71k). During the last 22 years the exports of Guinea to Lebanon have increased at an annualized rate of 390%, from $24k in 1995 to $67.6M in 2017.

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

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

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Guinea
Top Destination
China$3.81B

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 2022, countries that imported more from Lebanon than Guinea included Syria ($370M), Egypt ($234M), and United States ($201M).

In 2022, countries that imported more from Guinea than Lebanon included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

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 2022, Lebanon had a large net trade with Guinea in the exports of Machines ($7.4M), Metals ($2.81M), and Plastics and Rubbers ($2.14M).

During 2017, Guinea had a large net trade with Lebanon in the exports of Vegetable Products ($695k), Wood Products ($182k), and Machines ($1.71k).

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with