2023
Flag  
GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC 
$18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195

About

Romania-Lebanon Trade: In 2023, Romania exported $136M to Lebanon. The main products that Romania exported to Lebanon were Refined Petroleum ($55.5M), Processed Tobacco ($30.2M), and Sawn Wood ($14.4M). Over the past 5 years the exports of Romania to Lebanon have decreased at an annualized rate of 15.3%, from $311M in 2018 to $136M in 2023.

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

Lebanon-Romania Trade: In 2023, Lebanon exported $13.2M to Romania. The main products that Lebanon exported to Romania were N/A. Over the past 5 years the exports of Lebanon to Romania have increased at an annualized rate of 27.4%,  from $3.93M in 2018 to $13.2M in 2023.

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

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). 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, Romania exported $136M to Lebanon. The main products exported from Romania to Lebanon were Refined Petroleum ($55.5M), Processed Tobacco ($30.2M), and Sawn Wood ($14.4M). During the last 5 years the exports of Romania to Lebanon have decreased at an annualized rate of 15.3%, from $311M in 2018 to $136M in 2023.

In 2018, Lebanon exported $13.2M to Romania. There were not main exports from Lebanon to Romania in 2018. During the last 5 years the exports of Lebanon to Romania have increased at an annualized rate of 27.4%, from $3.93M in 2023 to $13.2M in 2018.

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

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

Latest Data

Trade between Romania (Flag) and Lebanon (Flag)

Romania Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Lebanon
Top Destination
United Arab Emirates$1.3B

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

In 2023, countries that imported more from Romania than Lebanon included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Lebanon than Romania included United Arab Emirates ($1.3B), Iraq ($236M), and Syria ($126M).

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

Comparative Advantage Romania - Lebanon

Flow
Scale

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

During 2023, Romania had a large net trade with Lebanon in the exports of Mineral Products ($56.8M), Foodstuffs ($36.3M), and Wood Products ($17.7M).

During 2018, Lebanon had a large net trade with Romania in the exports of Machines ($3.92M), Mineral Products ($3.37M), and Transportation ($1.37M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with