Portugal (PRT) and Lebanon (LBN) Trade | The Observatory of Economic Complexity

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Portugal-Lebanon Trade: In 2022, Portugal exported $38.2M to Lebanon. The main products that Portugal exported to Lebanon were Uncoated Paper ($5.47M), Roofing Tiles ($4.15M), and Building Stone ($2.25M). Over the past 5 years the exports of Portugal to Lebanon have decreased at an annualized rate of 20%, from $117M in 2017 to $38.2M in 2022.

In 2022, Portugal did not export any services to Lebanon.

Lebanon-Portugal Trade: In 2022, Lebanon exported $18M to Portugal. The main products that Lebanon exported to Portugal were Raw Lead ($13.5M), Scrap Plastic ($2.08M), and Tanned Equine and Bovine Hides ($616k). Over the past 5 years the exports of Lebanon to Portugal have increased at an annualized rate of 11.4%, from $10.5M in 2017 to $18M in 2022.

In 2022, Lebanon did not export any services to Portugal.

Comparison: In 2022, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €2.32M and imported €641k from Lebanon, resulting in a positive trade balance of €1.68M. Between June 2023 and June 2024 the exports of Portugal have decreased by €-253k (-9.83%) from €2.57M to €2.32M, while imports decreased by €-227k (-26.2%) from €868k to €641k.

Trade In June 2024, the top exports of Portugal to Lebanon were Paper articles (€290k), Preparations of cereals, flour, starch or... (€163k), Stone, plaster, cement, asbestos, mica. (€132k), Ceramic products (€88.2k), and Chemical products n.e.s. (€84.1k). In June 2024 the top imports of Portugal from Lebanon were Lead articles (€1.04M), Plastics & articles thereof (€369k), Raw hides & skin (non-fur) (€140k), Electrical machinery and electronics (€24.4k), and Non-knitted clothing accesories (€11.1k).

Growth In June 2024, the decrease in Portugal's year-by-year exports to Lebanon was explained primarily by an decrease in product exports in Paper articles (€-321k or -52.5%), Stone, plaster, cement, asbestos, mica. (€-292k or -68.9%), and Miscellaneous edible preparations (€-206k or -86.6%). In June 2024, the decrease in Portugal's year-by-year imports from Lebanon was explained primarily by an decrease in product imports in Lead articles (€-682k or -39.5%), Precious stones, metals, & pearls (€-654 or -99.4%), and Knitted clothing accesories (€-512 or -100%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)€-253k(-9.83%)

IMPORT GROWTH (June 2023 - June 2024)€-227k(-26.2%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Lebanon and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Portugal exported $38.2M to Lebanon. The main products exported from Portugal to Lebanon were Uncoated Paper ($5.47M), Roofing Tiles ($4.15M), and Building Stone ($2.25M). During the last 5 years the exports of Portugal to Lebanon have decreased at an annualized rate of 20%, from $117M in 2017 to $38.2M in 2022.

In 2017, Lebanon exported $18M to Portugal. The main products exported from Lebanon to Portugal were Raw Lead ($13.5M), Scrap Plastic ($2.08M), and Tanned Equine and Bovine Hides ($616k). During the last 5 years the exports of Lebanon to Portugal have increased at an annualized rate of 11.4%, from $10.5M in 2022 to $18M in 2017.

Exports from Portugal () to Lebanon () (2022)

Exports from Lebanon () to Portugal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$20.5B

Lebanon
Top DestinationUnited Arab Emirates$956M

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

In 2022, countries that imported more from Portugal than Lebanon included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Lebanon than Portugal included United Arab Emirates ($956M), Syria ($370M), and Iraq ($162M).

Difference in imports from Lebanon () and Portugal () (2022)

Comparative Advantage Portugal - Lebanon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Portugal had a large net trade with Lebanon in the exports of Paper Goods ($9.54M), Stone And Glass ($9.48M), and Textiles ($3.72M).

During 2017, Lebanon had a large net trade with Portugal in the exports of Metals ($13.5M), Plastics and Rubbers ($2.86M), and Animal Hides ($622k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Lebanon () (2022)

Exports from Lebanon () to Portugal () (2022)

Market Competitiveness

Difference in imports from Lebanon () and Portugal () (2022)

Comparative Advantage Portugal - Lebanon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Portugal () and Lebanon () (2022)

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