2022
Flag
 GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186

About

Lebanon-Liberia Trade: In 2022, Lebanon exported $30M to Liberia. The main products that Lebanon exported to Liberia were Electric Generating Sets ($4.01M), Insulated Wire ($2.55M), and Plastic Lids ($2.26M). Over the past 5 years the exports of Lebanon to Liberia have increased at an annualized rate of 12%, from $17M in 2017 to $30M in 2022.

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

Liberia-Lebanon Trade: In 2022, Liberia exported $106M to Lebanon. The main products that Liberia exported to Lebanon were Gold ($94.2M), Refined Petroleum ($11.7M), and Used Clothing ($92.2k). Over the past 5 years the exports of Liberia to Lebanon have increased at an annualized rate of 235%,  from $75.1k in 2017 to $106M in 2022.

In 2022, Liberia 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, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $30M to Liberia. The main products exported from Lebanon to Liberia were Electric Generating Sets ($4.01M), Insulated Wire ($2.55M), and Plastic Lids ($2.26M). During the last 5 years the exports of Lebanon to Liberia have increased at an annualized rate of 12%, from $17M in 2017 to $30M in 2022.

In 2017, Liberia exported $106M to Lebanon. The main products exported from Liberia to Lebanon were Gold ($94.2M), Refined Petroleum ($11.7M), and Used Clothing ($92.2k). During the last 5 years the exports of Liberia to Lebanon have increased at an annualized rate of 235%, from $75.1k in 2022 to $106M in 2017.

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

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

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Liberia
Top Destination
Switzerland$544M

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

In 2022, countries that imported more from Lebanon than Liberia included United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

In 2022, countries that imported more from Liberia than Lebanon included Switzerland ($544M), Poland ($124M), and United Kingdom ($148M).

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

Comparative Advantage Lebanon - Liberia

Flow
Scale

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

During 2022, Lebanon had a large net trade with Liberia in the exports of Machines ($12.8M), Foodstuffs ($3.5M), and Plastics and Rubbers ($3.3M).

During 2017, Liberia had a large net trade with Lebanon in the exports of Precious Metals ($94.2M), Mineral Products ($11.7M), and Textiles ($92.2k).

Economic Complexity

Competitive Landscape

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

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

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