2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Lebanon-Portugal Trade: In 2023, Lebanon exported $14M to Portugal. The main products that Lebanon exported to Portugal were Raw Lead ($8.37M), Scrap Plastic ($2.74M), and Raw Plastic Sheeting ($552k). Over the past 5 years the exports of Lebanon to Portugal have increased at an annualized rate of 18%, from $6.13M in 2018 to $14M in 2023.

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

Portugal-Lebanon Trade: In 2023, Portugal exported $47.1M to Lebanon. The main products that Portugal exported to Lebanon were Packaged Medicaments ($7.79M), Roofing Tiles ($4.5M), and Uncoated Paper ($3.5M). Over the past 5 years the exports of Portugal to Lebanon have decreased at an annualized rate of 10.8%,  from $83.4M in 2018 to $47.1M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $14M to Portugal. The main products exported from Lebanon to Portugal were Raw Lead ($8.37M), Scrap Plastic ($2.74M), and Raw Plastic Sheeting ($552k). During the last 5 years the exports of Lebanon to Portugal have increased at an annualized rate of 18%, from $6.13M in 2018 to $14M in 2023.

In 2018, Portugal exported $47.1M to Lebanon. The main products exported from Portugal to Lebanon were Packaged Medicaments ($7.79M), Roofing Tiles ($4.5M), and Uncoated Paper ($3.5M). During the last 5 years the exports of Portugal to Lebanon have decreased at an annualized rate of 10.8%, from $83.4M in 2023 to $47.1M in 2018.

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

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

Latest Data

Trade between Lebanon (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Portugal
Top Destination
Spain$17.7B

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

In 2023, countries that imported more from Lebanon than Portugal included United Arab Emirates ($1.3B), Iraq ($236M), and Egypt ($340M).

In 2023, countries that imported more from Portugal than Lebanon included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Lebanon - Portugal

Flow
Scale

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

During 2023, Lebanon had a large net trade with Portugal in the exports of Metals ($8.37M), Plastics and Rubbers ($3.66M), and Machines ($606k).

During 2018, Portugal had a large net trade with Lebanon in the exports of Chemical Products ($8.94M), Stone And Glass ($8.64M), and Textiles ($7.5M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with