2023
Exports
$114MWorld Rnk 104 / 214
Flag Rnk 8 / 1064
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$4.62BWorld Rnk 47 / 226
Flag Rnk 1 / 1149
2023
ECONOMIC COMPLEXITY of Lebanon
0.42Rnk 45 / 132

About

Exports In 2023, Lebanon exported $114M in Refined Petroleum, making it the 104th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 8th most exported product in Lebanon. The main destination of Refined Petroleum exports from Lebanon are: Egypt ($53.2M), Libya ($50.5M), India ($4.92M), Syria ($2.32M), and Saudi Arabia ($777k).

The fastest growing export markets for Refined Petroleum of Lebanon between 2022 and 2023 were Egypt ($53.2M), Libya ($50.5M), and India ($4.92M).

Imports In 2023, Lebanon imported $4.62B in Refined Petroleum, becoming the 47th 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 ($1.66B), Turkey ($656M), Italy ($515M), Cyprus ($406M), and Russia ($401M).

The fastest growing import markets in Refined Petroleum for Lebanon between 2022 and 2023 were Russia ($179M), Cyprus ($111M), and Libya ($72.2M).

Latest Trends

Dec 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 (2023)$114M
IMPORTS (2023)$4.62B
NET TRADE (2023)-$4.51B

In 2023, Lebanon exported $114M in Refined Petroleum. The main destinations of Lebanon exports on Refined Petroleum were Egypt ($53.2M), Libya ($50.5M), India ($4.92M), Syria ($2.32M), and Saudi Arabia ($777k).

In 2023, Lebanon imported $4.62B in Refined Petroleum, mainly from Greece ($1.66B), Turkey ($656M), Italy ($515M), Cyprus ($406M), and Russia ($401M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Lebanon WERE (2022 - 2023):
Egypt$53.2M (464k%)
Libya$50.5M (4.16M%)
India$4.92M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Lebanon WERE (2022 - 2023):
Cyprus-$2.55M (-78.3%)
Syria-$308k (-11.7%)
United States-$62.1k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lebanon's main exporting competitors in Refined Petroleum were:
In 2023, Lebanon's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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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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