Lebanon (LBN) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Hungary () (2022)

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

Latest Data

Trade between Lebanon () and Hungary ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lebanon
Top DestinationUnited Arab Emirates$956M

Hungary
Top DestinationGermany$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 () and Lebanon () (2022)

Comparative Advantage Lebanon - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Lebanon () and Hungary ()

Hungary Exports

Market Competitiveness

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

Comparative Advantage Lebanon - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Lebanon () and Hungary () (2022)

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