2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Singapore-Lebanon Trade: In 2023, Singapore exported $27M to Lebanon. The main products that Singapore exported to Lebanon were Coffee and Tea Extracts ($3.65M), Excavation Machinery ($2.71M), and Tractors ($2.6M). Over the past 5 years the exports of Singapore to Lebanon have decreased at an annualized rate of 10.8%, from $47.8M in 2018 to $27M in 2023.

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

Lebanon-Singapore Trade: In 2023, Lebanon exported $7.47M to Singapore. The main products that Lebanon exported to Singapore were Base Metal Watches ($3.65M), Oscilloscopes ($807k), and Non-Knit Women's Suits ($580k). Over the past 5 years the exports of Lebanon to Singapore have increased at an annualized rate of 6.51%,  from $1.55M in 2018 to $7.47M in 2023.

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

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). 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, Singapore exported $27M to Lebanon. The main products exported from Singapore to Lebanon were Coffee and Tea Extracts ($3.65M), Excavation Machinery ($2.71M), and Tractors ($2.6M). During the last 5 years the exports of Singapore to Lebanon have decreased at an annualized rate of 10.8%, from $47.8M in 2018 to $27M in 2023.

In 2018, Lebanon exported $7.47M to Singapore. The main products exported from Lebanon to Singapore were Base Metal Watches ($3.65M), Oscilloscopes ($807k), and Non-Knit Women's Suits ($580k). During the last 5 years the exports of Lebanon to Singapore have increased at an annualized rate of 6.51%, from $1.55M in 2023 to $7.47M in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Lebanon (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Lebanon
Top Destination
United Arab Emirates$1.3B

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

In 2023, countries that imported more from Singapore than Lebanon included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, countries that imported more from Lebanon than Singapore included Iraq ($236M), Syria ($126M), and Cyprus ($114M).

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

Comparative Advantage Singapore - Lebanon

Flow
Scale

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

During 2023, Singapore had a large net trade with Lebanon in the exports of Machines ($6.66M), Foodstuffs ($5.43M), and Instruments ($4.31M).

During 2018, Lebanon had a large net trade with Singapore in the exports of Instruments ($4.49M), Textiles ($695k), and Chemical Products ($579k).

Economic Complexity

Competitive Landscape

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

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

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