2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Norway-Lebanon Trade: In 2023, Norway exported $25.3M to Lebanon. The main products that Norway exported to Lebanon were Excavation Machinery ($10.9M), Non-fillet Fresh Fish ($7.76M), and Fish Fillets ($2.48M). Over the past 5 years the exports of Norway to Lebanon have decreased at an annualized rate of 7.86%, from $38.1M in 2018 to $25.3M in 2023.

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

Lebanon-Norway Trade: In 2023, Lebanon exported $6.34M to Norway. The main products that Lebanon exported to Norway were Wine ($2.91M), Iron Pipes ($1.52M), and Glass Bottles ($514k). Over the past 5 years the exports of Lebanon to Norway have increased at an annualized rate of 22.9%,  from $2.26M in 2018 to $6.34M in 2023.

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

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $25.3M to Lebanon. The main products exported from Norway to Lebanon were Excavation Machinery ($10.9M), Non-fillet Fresh Fish ($7.76M), and Fish Fillets ($2.48M). During the last 5 years the exports of Norway to Lebanon have decreased at an annualized rate of 7.86%, from $38.1M in 2018 to $25.3M in 2023.

In 2018, Lebanon exported $6.34M to Norway. The main products exported from Lebanon to Norway were Wine ($2.91M), Iron Pipes ($1.52M), and Glass Bottles ($514k). During the last 5 years the exports of Lebanon to Norway have increased at an annualized rate of 22.9%, from $2.26M in 2023 to $6.34M in 2018.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Lebanon
Top Destination
United Arab Emirates$1.3B

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

In 2023, countries that imported more from Norway than Lebanon included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Lebanon than Norway included United Arab Emirates ($1.3B), Iraq ($236M), and Kuwait ($168M).

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

Comparative Advantage Norway - Lebanon

Flow
Scale

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

During 2023, Norway had a large net trade with Lebanon in the exports of Machines ($11.7M), Animal Products ($10.2M), and Paper Goods ($838k).

During 2018, Lebanon had a large net trade with Norway in the exports of Foodstuffs ($3.69M), Metals ($1.59M), and Stone And Glass ($515k).

Economic Complexity

Competitive Landscape

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

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

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