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2022
Exports $6.22MWorld Rnk 146 / 214
Flag Rnk 103 / 1050
2022
Destination $3.03M Cyprus
2021 - 2022
FASTEST GROWING MARKET $3.03MCyprus
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $5.12BWorld Rnk 55 / 225
Flag Rnk 1 / 1151
2022
Origin $430M Greece
2021 - 2022
FASTEST GROWING ORIGIN $430MTurkey
2022
ECONOMIC COMPLEXITY of Lebanon0.38Rnk 48 / 133

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).

Latest Trends

Oct 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%)
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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:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Lebanon's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Refined Petroleum’s highest export potential is N/A. With an export gap of N/A.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

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