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

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Portugal-Lebanon Trade: In 2023, Portugal exported $47.1M to Lebanon. The main products that Portugal exported to Lebanon were Packaged Medicaments ($7.79M), Roofing Tiles ($4.5M), and Uncoated Paper ($3.5M). Over the past 5 years the exports of Portugal to Lebanon have decreased at an annualized rate of 10.8%, from $83.4M in 2018 to $47.1M in 2023.

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

Lebanon-Portugal Trade: In 2023, Lebanon exported $14M to Portugal. The main products that Lebanon exported to Portugal were Raw Lead ($8.37M), Scrap Plastic ($2.74M), and Raw Plastic Sheeting ($552k). Over the past 5 years the exports of Lebanon to Portugal have increased at an annualized rate of 18%, from $6.13M in 2018 to $14M in 2023.

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

Comparison: In 2023, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).

Latest Trends

December, 2024

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Overview In December 2024, Portugal exported €2.28M and imported €854k from Lebanon, resulting in a positive trade balance of €1.42M. Between December 2023 and December 2024 the exports of Portugal have increased by €403k (21.5%) from €1.87M to €2.28M, while imports increased by €143k (20.2%) from €710k to €854k.

Trade In December 2024, the top exports of Portugal to Lebanon were Paper articles (€466k), Pharmaceutical products (€384k), Stone, plaster, cement, asbestos, mica. (€315k), Wood pulp & paper scrap (€218k), and Machinery, mechanical appliances, & parts (€191k). In December 2024 the top imports of Portugal from Lebanon were Lead articles (€962k), Plastics & articles thereof (€145k), Non-knitted clothing accesories (€6.36k), Machinery, mechanical appliances, & parts (€2.21k), and Cars, tractors, trucks & parts thereof. (€300).

Growth In December 2024, the increase in Portugal's year-by-year exports to Lebanon was explained primarily by an increase in product exports in Pharmaceutical products (€348k or 964%), Machinery, mechanical appliances, & parts (€188k or 4.87k%), and Stone, plaster, cement, asbestos, mica. (€184k or 140%). In December 2024, the increase in Portugal's year-by-year imports from Lebanon was explained primarily by an increase in product imports in Machinery, mechanical appliances, & parts (€306 or 16.1%) and Precious stones, metals, & pearls (€1 or 25%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)€403k(21.5%)

IMPORT GROWTH (December 2023 - December 2024)€143k(20.2%)

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 2023, Portugal exported $47.1M to Lebanon. The main products exported from Portugal to Lebanon were Packaged Medicaments ($7.79M), Roofing Tiles ($4.5M), and Uncoated Paper ($3.5M). During the last 5 years the exports of Portugal to Lebanon have decreased at an annualized rate of 10.8%, from $83.4M in 2018 to $47.1M in 2023.

In 2018, Lebanon exported $14M to Portugal. The main products exported from Lebanon to Portugal were Raw Lead ($8.37M), Scrap Plastic ($2.74M), and Raw Plastic Sheeting ($552k). During the last 5 years the exports of Lebanon to Portugal have increased at an annualized rate of 18%, from $6.13M in 2023 to $14M in 2018.

Exports from Portugal () to Lebanon () (2023)

Exports from Lebanon () to Portugal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$17.7B

Lebanon
Top DestinationUnited Arab Emirates$1.3B

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 2023, countries that imported more from Portugal than Lebanon included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Difference in imports from Lebanon () and Portugal () (2023)

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 2023, Portugal had a large net trade with Lebanon in the exports of Chemical Products ($8.94M), Stone And Glass ($8.64M), and Textiles ($7.5M).

During 2018, Lebanon had a large net trade with Portugal in the exports of Metals ($8.37M), Plastics and Rubbers ($3.66M), and Machines ($606k).

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

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Lebanon () (2023)

Exports from Lebanon () to Portugal () (2023)

Market Competitiveness

Difference in imports from Lebanon () and Portugal () (2023)

Comparative Advantage Portugal - Lebanon

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Lebanon () (2023)

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