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 / 195
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195

About

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.

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.

Comparison: In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). 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, 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 2018 to $45.5M in 2023.

In 2018, 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 2023 to $36.9M in 2018.

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

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

Latest Data

Trade between Oman (Flag) and Lebanon (Flag)

Oman Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Oman - Lebanon

Flow
Scale

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

During 2023, 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).

During 2018, Lebanon had a large net trade with Oman in the exports of Vegetable Products ($16.6M), Foodstuffs ($5.65M), and Chemical Products ($5.59M).

Economic Complexity

Competitive Landscape

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

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

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