2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Lebanon-South Korea Trade: In 2022, Lebanon exported $88M to South Korea. The main products that Lebanon exported to South Korea were Scrap Copper ($50M), Scrap Aluminium ($23.8M), and Scrap Iron ($5.63M). Over the past 5 years the exports of Lebanon to South Korea have increased at an annualized rate of 9.37%, from $56.3M in 2017 to $88M in 2022.

In 2022, Lebanon did not export any services to South Korea.

South Korea-Lebanon Trade: In 2022, South Korea exported $147M to Lebanon. The main products that South Korea exported to Lebanon were Cars ($57.3M), Electric Batteries ($14.5M), and Rubber Tires ($7.36M). Over the past 5 years the exports of South Korea to Lebanon have decreased at an annualized rate of 7.76%,  from $220M in 2017 to $147M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $88M to South Korea. The main products exported from Lebanon to South Korea were Scrap Copper ($50M), Scrap Aluminium ($23.8M), and Scrap Iron ($5.63M). During the last 5 years the exports of Lebanon to South Korea have increased at an annualized rate of 9.37%, from $56.3M in 2017 to $88M in 2022.

In 2017, South Korea exported $147M to Lebanon. The main products exported from South Korea to Lebanon were Cars ($57.3M), Electric Batteries ($14.5M), and Rubber Tires ($7.36M). During the last 5 years the exports of South Korea to Lebanon have decreased at an annualized rate of 7.76%, from $220M in 2022 to $147M in 2017.

Exports from Lebanon (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Lebanon (Flag) (2022)

Latest Data

Trade between Lebanon (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Lebanon than South Korea included Syria ($370M), Republic of the Congo ($56.2M), and Sierra Leone ($15.3M).

In 2022, countries that imported more from South Korea than Lebanon included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Lebanon (Flag) (2022)

Comparative Advantage Lebanon - South Korea

Flow
Scale

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

During 2022, Lebanon had a large net trade with South Korea in the exports of Metals ($86.6M), Textiles ($703k), and Instruments ($328k).

During 2017, South Korea had a large net trade with Lebanon in the exports of Transportation ($64.9M), Machines ($31.1M), and Plastics and Rubbers ($19.3M).

Economic Complexity

Competitive Landscape

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

Product Space of Lebanon (Flag) and South Korea (Flag) (2022)

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