2023
Flag
 GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC
$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195

About

Lebanon-Somalia Trade: In 2023, Lebanon exported $687k to Somalia. The main products that Lebanon exported to Somalia were Grapes ($116k), Stone Processing Machines ($107k), and Nonaqueous Paints ($104k). Over the past 5 years the exports of Lebanon to Somalia have increased at an annualized rate of 4.98%, from $539k in 2018 to $687k in 2023.

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

Somalia-Lebanon Trade: In 2023, Somalia exported $10.7k to Lebanon. The main products that Somalia exported to Lebanon were Citrus and Melon Peels ($7.8k), Wood Charcoal ($1.85k), and Essential Oils ($673). Over the past 5 years the exports of Somalia to Lebanon have decreased at an annualized rate of 29.9%,  from $63.2k in 2018 to $10.7k in 2023.

In 2023, Somalia 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, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $687k to Somalia. The main products exported from Lebanon to Somalia were Grapes ($116k), Stone Processing Machines ($107k), and Nonaqueous Paints ($104k). During the last 5 years the exports of Lebanon to Somalia have increased at an annualized rate of 4.98%, from $539k in 2018 to $687k in 2023.

In 2018, Somalia exported $10.7k to Lebanon. The main products exported from Somalia to Lebanon were Citrus and Melon Peels ($7.8k), Wood Charcoal ($1.85k), and Essential Oils ($673). During the last 5 years the exports of Somalia to Lebanon have decreased at an annualized rate of 29.9%, from $63.2k in 2023 to $10.7k in 2018.

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

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

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Somalia
Top Destination
United Arab Emirates$360M

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

In 2023, countries that imported more from Lebanon than Somalia included United Arab Emirates ($1.3B), Egypt ($340M), and Turkey ($253M).

In 2023, countries that imported more from Somalia than Lebanon included Saudi Arabia ($283M), Oman ($180M), and Djibouti ($84.2M).

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

Comparative Advantage Lebanon - Somalia

Flow
Scale

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

During 2023, Lebanon had a large net trade with Somalia in the exports of Vegetable Products ($220k), Chemical Products ($214k), and Machines ($132k).

During 2018, Somalia had a large net trade with Lebanon in the exports of Vegetable Products ($7.8k), Wood Products ($1.85k), and Chemical Products ($673).

Economic Complexity

Competitive Landscape

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

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

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