2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC
$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195

About

Lebanon-Oman Trade: In 2023, Lebanon exported $36.9M to Oman. The main products that Lebanon exported to Oman were Grapes ($8.99M), Potato Flours ($3.07M), and Hair Products ($2.32M). Over the past 5 years the exports of Lebanon to Oman have decreased at an annualized rate of 3.72%, from $44.6M in 2018 to $36.9M in 2023.

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

Oman-Lebanon Trade: In 2023, Oman exported $45.5M to Lebanon. The main products that Oman exported to Lebanon were Refined Petroleum ($34M), Glass Bottles ($1.99M), and Polyacetals ($1.33M). Over the past 5 years the exports of Oman to Lebanon have increased at an annualized rate of 11.6%,  from $26.3M in 2018 to $45.5M in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $36.9M to Oman. The main products exported from Lebanon to Oman were Grapes ($8.99M), Potato Flours ($3.07M), and Hair Products ($2.32M). During the last 5 years the exports of Lebanon to Oman have decreased at an annualized rate of 3.72%, from $44.6M in 2018 to $36.9M in 2023.

In 2018, Oman exported $45.5M to Lebanon. The main products exported from Oman to Lebanon were Refined Petroleum ($34M), Glass Bottles ($1.99M), and Polyacetals ($1.33M). During the last 5 years the exports of Oman to Lebanon have increased at an annualized rate of 11.6%, from $26.3M in 2023 to $45.5M in 2018.

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

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

Latest Data

Trade between Lebanon (Flag) and Oman (Flag)

Oman Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Oman
Top Destination
China$30.2B

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

In 2023, countries that imported more from Lebanon than Oman included Switzerland ($177M), Syria ($126M), and Cyprus ($114M).

In 2023, countries that imported more from Oman than Lebanon included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage Lebanon - Oman

Flow
Scale

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

During 2023, Lebanon had a large net trade with Oman in the exports of Vegetable Products ($16.6M), Foodstuffs ($5.65M), and Chemical Products ($5.59M).

During 2018, Oman had a large net trade with Lebanon in the exports of Mineral Products ($34.2M), Plastics and Rubbers ($3.27M), and Stone And Glass ($2.12M).

Economic Complexity

Competitive Landscape

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

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

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