2022
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Lebanon-Hungary Trade: In 2022, Lebanon exported $2.07M to Hungary. The main products that Lebanon exported to Hungary were Raw Sugar ($489k), Broadcasting Equipment ($300k), and House Linens ($254k). Over the past 5 years the exports of Lebanon to Hungary have increased at an annualized rate of 25.5%, from $664k in 2017 to $2.07M in 2022.

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

Hungary-Lebanon Trade: In 2022, Hungary exported $40.4M to Lebanon. The main products that Hungary exported to Lebanon were Cheese ($17.7M), Bovine ($5.81M), and Cars ($2.42M). Over the past 5 years the exports of Hungary to Lebanon have decreased at an annualized rate of 12%,  from $76.8M in 2017 to $40.4M in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $2.07M to Hungary. The main products exported from Lebanon to Hungary were Raw Sugar ($489k), Broadcasting Equipment ($300k), and House Linens ($254k). During the last 5 years the exports of Lebanon to Hungary have increased at an annualized rate of 25.5%, from $664k in 2017 to $2.07M in 2022.

In 2017, Hungary exported $40.4M to Lebanon. The main products exported from Hungary to Lebanon were Cheese ($17.7M), Bovine ($5.81M), and Cars ($2.42M). During the last 5 years the exports of Hungary to Lebanon have decreased at an annualized rate of 12%, from $76.8M in 2022 to $40.4M in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Hungary
Top Destination
Germany$35.5B

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 2022, countries that imported more from Lebanon than Hungary included Syria ($370M), United Arab Emirates ($956M), and Iraq ($162M).

In 2022, countries that imported more from Hungary than Lebanon included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

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

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 2022, Lebanon had a large net trade with Hungary in the exports of Textiles ($575k), Foodstuffs ($535k), and Machines ($465k).

During 2017, Hungary had a large net trade with Lebanon in the exports of Animal Products ($23.8M), Machines ($3.54M), and Transportation ($2.52M).

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) (2022)

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