2022
Exports | Imports
$6.22M | $5.12BWorld Rnk 146 / 214
Flag Rnk 103 / 1050
World Rnk 55 / 225
Flag Rnk 1 / 1151
2022
ECONOMIC COMPLEXITY of Lebanon
0.38Rnk 46 / 124
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 800 / 1025

About

Exports In 2022, Lebanon exported $6.22M in Refined Petroleum, making it the 146th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 103rd most exported product in Lebanon. The main destination of Refined Petroleum exports from Lebanon are: Cyprus ($3.03M), Syria ($2.63M), Angola ($159k), United States ($62.1k), and Kenya ($56k).

The fastest growing export markets for Refined Petroleum of Lebanon between 2021 and 2022 were Cyprus ($3.03M), Syria ($1.3M), and United States ($62.1k).

Imports In 2022, Lebanon imported $5.12B in Refined Petroleum, becoming the 55th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Lebanon. Lebanon imports Refined Petroleum primarily from: Greece ($1.67B), Turkey ($1.2B), Italy ($531M), Cyprus ($301M), and Russia ($200M).

The fastest growing import markets in Refined Petroleum for Lebanon between 2021 and 2022 were Turkey ($430M), Greece ($420M), and Italy ($354M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Refined Petroleum from Lebanon to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.22M
IMPORTS (2022)$5.12B
NET TRADE (2022)-$5.11B

In 2022, Lebanon exported $6.22M in Refined Petroleum. The main destinations of Lebanon exports on Refined Petroleum were Cyprus ($3.03M), Syria ($2.63M), Angola ($159k), United States ($62.1k), and Kenya ($56k).

In 2022, Lebanon imported $5.12B in Refined Petroleum, mainly from Greece ($1.67B), Turkey ($1.2B), Italy ($531M), Cyprus ($301M), and Russia ($200M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Lebanon WERE (2021 - 2022):
Cyprus$3.03M (1%)
Syria$1.3M (97.6%)
United States$62.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Lebanon WERE (2021 - 2022):
United Arab Emirates-$62.3k (-82.8%)
Sierra Leone-$35k (-90%)
Ghana-$27.7k (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lebanon's main exporting competitors in Refined Petroleum were:
In 2022, Lebanon's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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