2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Lebanon-Italy Trade: In 2022, Lebanon exported $68.2M to Italy. The main products that Lebanon exported to Italy were Phosphoric Acid ($19.5M), Electrical Transformers ($6.89M), and Raw Lead ($6.1M). Over the past 5 years the exports of Lebanon to Italy have increased at an annualized rate of 9.13%, from $44.1M in 2017 to $68.2M in 2022.

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

Italy-Lebanon Trade: In 2022, Italy exported $1.08B to Lebanon. The main products that Italy exported to Lebanon were Refined Petroleum ($531M), Jewellery ($55.4M), and Recreational Boats ($17.5M). Over the past 5 years the exports of Italy to Lebanon have decreased at an annualized rate of 8.84%,  from $1.72B in 2017 to $1.08B in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $68.2M to Italy. The main products exported from Lebanon to Italy were Phosphoric Acid ($19.5M), Electrical Transformers ($6.89M), and Raw Lead ($6.1M). During the last 5 years the exports of Lebanon to Italy have increased at an annualized rate of 9.13%, from $44.1M in 2017 to $68.2M in 2022.

In 2017, Italy exported $1.08B to Lebanon. The main products exported from Italy to Lebanon were Refined Petroleum ($531M), Jewellery ($55.4M), and Recreational Boats ($17.5M). During the last 5 years the exports of Italy to Lebanon have decreased at an annualized rate of 8.84%, from $1.72B in 2022 to $1.08B in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Italy
Top Destination
Germany$78.5B

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

In 2022, countries that imported more from Lebanon than Italy included Syria ($370M) and Liberia ($30M).

In 2022, countries that imported more from Italy than Lebanon included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Lebanon - Italy

Flow
Scale

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

During 2022, Lebanon had a large net trade with Italy in the exports of Chemical Products ($22.3M), Metals ($16.1M), and Machines ($8.3M).

During 2017, Italy had a large net trade with Lebanon in the exports of Mineral Products ($535M), Machines ($108M), and Precious Metals ($60.5M).

Economic Complexity

Competitive Landscape

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

Product Space of Lebanon (Flag) and Italy (Flag) (2022)

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