2023
Flag
 GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC
$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195

About

Lebanon-Iraq Trade: In 2023, Lebanon exported $236M to Iraq. The main products that Lebanon exported to Iraq were Electric Generating Sets ($55.7M), Electrical Transformers ($31.1M), and Baked Goods ($11.4M). Over the past 5 years the exports of Lebanon to Iraq have increased at an annualized rate of 9.92%, from $147M in 2018 to $236M in 2023.

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

Iraq-Lebanon Trade: In 2023, Iraq exported $6.82M to Lebanon. The main products that Iraq exported to Lebanon were Jams ($1.86M), Tropical Fruits ($1.77M), and Refined Petroleum ($1.01M). Over the past 5 years the exports of Iraq to Lebanon have increased at an annualized rate of 5.75%,  from $5.16M in 2018 to $6.82M in 2023.

In 2023, Iraq 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, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $236M to Iraq. The main products exported from Lebanon to Iraq were Electric Generating Sets ($55.7M), Electrical Transformers ($31.1M), and Baked Goods ($11.4M). During the last 5 years the exports of Lebanon to Iraq have increased at an annualized rate of 9.92%, from $147M in 2018 to $236M in 2023.

In 2018, Iraq exported $6.82M to Lebanon. The main products exported from Iraq to Lebanon were Jams ($1.86M), Tropical Fruits ($1.77M), and Refined Petroleum ($1.01M). During the last 5 years the exports of Iraq to Lebanon have increased at an annualized rate of 5.75%, from $5.16M in 2023 to $6.82M in 2018.

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

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

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Iraq
Top Destination
China$35.5B

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

In 2023, countries that imported more from Lebanon than Iraq included Switzerland ($177M), Egypt ($340M), and Kuwait ($168M).

In 2023, countries that imported more from Iraq than Lebanon included China ($35.5B), India ($29.8B), and United States ($8.92B).

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

Comparative Advantage Lebanon - Iraq

Flow
Scale

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

During 2023, Lebanon had a large net trade with Iraq in the exports of Machines ($109M), Foodstuffs ($35.6M), and Chemical Products ($33.6M).

During 2018, Iraq had a large net trade with Lebanon in the exports of Foodstuffs ($1.9M), Vegetable Products ($1.83M), and Mineral Products ($1.01M).

Economic Complexity

Competitive Landscape

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

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

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