2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Lebanon-Kuwait Trade: In 2022, Lebanon exported $154M to Kuwait. The main products that Lebanon exported to Kuwait were Jewellery ($28.7M), Packaged Medicaments ($9.09M), and Potatoes ($6.71M). Over the past 5 years the exports of Lebanon to Kuwait have increased at an annualized rate of 3.75%, from $128M in 2017 to $154M in 2022.

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

Kuwait-Lebanon Trade: In 2022, Kuwait exported $113M to Lebanon. The main products that Kuwait exported to Lebanon were Cars ($56.9M), Jewellery ($36.8M), and Ethylene Polymers ($4.09M). Over the past 5 years the exports of Kuwait to Lebanon have decreased at an annualized rate of 18.1%,  from $307M in 2017 to $113M in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $154M to Kuwait. The main products exported from Lebanon to Kuwait were Jewellery ($28.7M), Packaged Medicaments ($9.09M), and Potatoes ($6.71M). During the last 5 years the exports of Lebanon to Kuwait have increased at an annualized rate of 3.75%, from $128M in 2017 to $154M in 2022.

In 2017, Kuwait exported $113M to Lebanon. The main products exported from Kuwait to Lebanon were Cars ($56.9M), Jewellery ($36.8M), and Ethylene Polymers ($4.09M). During the last 5 years the exports of Kuwait to Lebanon have decreased at an annualized rate of 18.1%, from $307M in 2022 to $113M in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Kuwait (Flag)

Kuwait Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from Lebanon than Kuwait included Syria ($370M), Switzerland ($162M), and Greece ($107M).

In 2022, countries that imported more from Kuwait than Lebanon included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Lebanon - Kuwait

Flow
Scale

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

During 2022, Lebanon had a large net trade with Kuwait in the exports of Vegetable Products ($38.3M), Precious Metals ($29.4M), and Foodstuffs ($22M).

During 2017, Kuwait had a large net trade with Lebanon in the exports of Transportation ($58.3M), Precious Metals ($37M), and Plastics and Rubbers ($4.67M).

Economic Complexity

Competitive Landscape

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

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

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