2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Russia-Lebanon Trade: In 2022, Russia exported $312M to Lebanon. The main products that Russia exported to Lebanon were Refined Petroleum ($200M), Seed Oils ($33.7M), and Wheat ($19.5M). Over the past 5 years the exports of Russia to Lebanon have decreased at an annualized rate of 19.9%, from $942M in 2017 to $312M in 2022.

In 2020, Russia exported services to Lebanon worth $3.65M, with Transportation ($1.72M), Other business services ($678k), and Royalties and license fees ($541k) being the largest in terms of value.

Lebanon-Russia Trade: In 2022, Lebanon exported $7.82M to Russia. The main products that Lebanon exported to Russia were Scrap Copper ($1.82M), Brochures ($1.1M), and Nonaqueous Paints ($1.01M). Over the past 5 years the exports of Lebanon to Russia have increased at an annualized rate of 3.27%,  from $6.24M in 2017 to $7.82M in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $312M to Lebanon. The main products exported from Russia to Lebanon were Refined Petroleum ($200M), Seed Oils ($33.7M), and Wheat ($19.5M). During the last 5 years the exports of Russia to Lebanon have decreased at an annualized rate of 19.9%, from $942M in 2017 to $312M in 2022.

In 2017, Lebanon exported $7.82M to Russia. The main products exported from Lebanon to Russia were Scrap Copper ($1.82M), Brochures ($1.1M), and Nonaqueous Paints ($1.01M). During the last 5 years the exports of Lebanon to Russia have increased at an annualized rate of 3.27%, from $6.24M in 2022 to $7.82M in 2017.

Exports from Russia (Flag) to Lebanon (Flag) (2022)

Exports from Lebanon (Flag) to Russia (Flag) (2022)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Lebanon
Top Destination
United Arab Emirates$956M

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

In 2022, countries that imported more from Russia than Lebanon included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Lebanon than Russia included Syria ($370M), Iraq ($162M), and Bangladesh ($57.5M).

Difference in imports from Lebanon (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - Lebanon

Flow
Scale

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

During 2022, Russia had a large net trade with Lebanon in the exports of Mineral Products ($203M), Animal and Vegetable Bi-Products ($34.2M), and Vegetable Products ($28.7M).

During 2017, Lebanon had a large net trade with Russia in the exports of Metals ($1.82M), Foodstuffs ($1.32M), and Chemical Products ($1.17M).

Economic Complexity

Competitive Landscape

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

Product Space of Russia (Flag) and Lebanon (Flag) (2022)

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