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2023
Flag → Flag
Exports $4.8MRnk 70 / 179
2023
Flag → Flag
Top Product $2.77MElectric Generating Sets
2023
Flag → Flag
Exports $61.7MRnk 74 / 201
2023
Flag → Flag
Top Product $22.8MCheese
2023
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
Flag
 GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195

About

Lebanon-Hungary Trade: In 2023, Lebanon exported $4.8M to Hungary. The main products that Lebanon exported to Hungary were Electric Generating Sets ($2.77M), Broadcasting Equipment ($609k), and Electric Motor Parts ($537k). Over the past 5 years the exports of Lebanon to Hungary have increased at an annualized rate of 62.3%, from $426k in 2018 to $4.8M in 2023.

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

Hungary-Lebanon Trade: In 2023, Hungary exported $61.7M to Lebanon. The main products that Hungary exported to Lebanon were Cheese ($22.8M), Bovine ($16.5M), and Tobacco Processing Machines ($2.28M). Over the past 5 years the exports of Hungary to Lebanon have decreased at an annualized rate of 10.6%,  from $108M in 2018 to $61.7M in 2023.

In 2023, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $4.8M to Hungary. The main products exported from Lebanon to Hungary were Electric Generating Sets ($2.77M), Broadcasting Equipment ($609k), and Electric Motor Parts ($537k). During the last 5 years the exports of Lebanon to Hungary have increased at an annualized rate of 62.3%, from $426k in 2018 to $4.8M in 2023.

In 2018, Hungary exported $61.7M to Lebanon. The main products exported from Hungary to Lebanon were Cheese ($22.8M), Bovine ($16.5M), and Tobacco Processing Machines ($2.28M). During the last 5 years the exports of Hungary to Lebanon have decreased at an annualized rate of 10.6%, from $108M in 2023 to $61.7M in 2018.

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

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

Latest Data

Trade between Lebanon (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Lebanon
Top DestinationUnited Arab Emirates$1.3B
Hungary
Top DestinationGermany$37.4B

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

In 2023, countries that imported more from Lebanon than Hungary included United Arab Emirates ($1.3B), Iraq ($236M), and Syria ($126M).

In 2023, countries that imported more from Hungary than Lebanon included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

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

Comparative Advantage Lebanon - Hungary

Flow
Scale

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

During 2023, Lebanon had a large net trade with Hungary in the exports of Machines ($4.29M), Textiles ($155k), and Metals ($92.6k).

During 2018, Hungary had a large net trade with Lebanon in the exports of Animal Products ($40.5M), Machines ($7.35M), and Chemical Products ($3.82M).

Economic Complexity

Competitive Landscape

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

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

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