2023
Flag
 GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC
$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195

About

Lebanon-Turkmenistan Trade: In 2023, Lebanon exported $1.35M to Turkmenistan. The main products that Lebanon exported to Turkmenistan were Packaged Medicaments ($792k), Aqueous Paints ($501k), and Nonaqueous Paints ($22.7k). Over the past 9 years the exports of Lebanon to Turkmenistan have increased at an annualized rate of 24.2%, from $192k in 2014 to $1.35M in 2023.

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

Turkmenistan-Lebanon Trade: In 2023, Turkmenistan exported $21.1k to Lebanon. The main products that Turkmenistan exported to Lebanon were Plastic Housewares ($17.1k), Non-Knit Men's Suits ($2.9k), and Plastic Lids ($788). Over the past 9 years the exports of Turkmenistan to Lebanon have decreased at an annualized rate of 75%,  from $21.5M in 2014 to $21.1k in 2023.

In 2023, Turkmenistan 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, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lebanon exported $1.35M to Turkmenistan. The main products exported from Lebanon to Turkmenistan were Packaged Medicaments ($792k), Aqueous Paints ($501k), and Nonaqueous Paints ($22.7k). During the last 9 years the exports of Lebanon to Turkmenistan have increased at an annualized rate of 24.2%, from $192k in 2014 to $1.35M in 2023.

In 2018, Turkmenistan exported $21.1k to Lebanon. The main products exported from Turkmenistan to Lebanon were Plastic Housewares ($17.1k), Non-Knit Men's Suits ($2.9k), and Plastic Lids ($788). During the last 5 years the exports of Turkmenistan to Lebanon have decreased at an annualized rate of 75%, from $21.5M in 2023 to $21.1k in 2018.

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

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

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Turkmenistan
Top Destination
China$9.63B

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

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

In 2023, countries that imported more from Turkmenistan than Lebanon included China ($9.63B), Turkey ($1.66B), and Uzbekistan ($950M).

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

Comparative Advantage Lebanon - Turkmenistan

Flow
Scale

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

During 2023, Lebanon had a large net trade with Turkmenistan in the exports of Chemical Products ($1.33M), Instruments ($6.4k), and Mineral Products ($4.87k).

During 2018, Turkmenistan had a large net trade with Lebanon in the exports of Plastics and Rubbers ($17.9k), Textiles ($3.01k), and Machines ($238).

Economic Complexity

Competitive Landscape

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

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

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