2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Austria-Lebanon Trade: In 2022, Austria exported $51M to Lebanon. The main products that Austria exported to Lebanon were Vaccines, blood, antisera, toxins and cultures ($11.5M), Kraft Paper ($5.22M), and Cigarette Paper ($3.46M). Over the past 5 years the exports of Austria to Lebanon have decreased at an annualized rate of 6.81%, from $72.5M in 2017 to $51M in 2022.

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

Lebanon-Austria Trade: In 2022, Lebanon exported $1.75M to Austria. The main products that Lebanon exported to Austria were Animal Organs ($401k), Metal-Clad Products ($132k), and Antiknock ($97.8k). Over the past 5 years the exports of Lebanon to Austria have decreased at an annualized rate of 10.9%,  from $3.11M in 2017 to $1.75M in 2022.

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

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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, Austria exported $51M to Lebanon. The main products exported from Austria to Lebanon were Vaccines, blood, antisera, toxins and cultures ($11.5M), Kraft Paper ($5.22M), and Cigarette Paper ($3.46M). During the last 5 years the exports of Austria to Lebanon have decreased at an annualized rate of 6.81%, from $72.5M in 2017 to $51M in 2022.

In 2017, Lebanon exported $1.75M to Austria. The main products exported from Lebanon to Austria were Animal Organs ($401k), Metal-Clad Products ($132k), and Antiknock ($97.8k). During the last 5 years the exports of Lebanon to Austria have decreased at an annualized rate of 10.9%, from $3.11M in 2022 to $1.75M in 2017.

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

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

Latest Data

Trade between Austria (Flag) and Lebanon (Flag)

Austria Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Lebanon
Top Destination
United Arab Emirates$956M

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

In 2022, countries that imported more from Austria than Lebanon included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Lebanon than Austria included Syria ($370M), United Arab Emirates ($956M), and Iraq ($162M).

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

Comparative Advantage Austria - Lebanon

Flow
Scale

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

During 2022, Austria had a large net trade with Lebanon in the exports of Chemical Products ($16.8M), Paper Goods ($11.2M), and Machines ($5.64M).

During 2017, Lebanon had a large net trade with Austria in the exports of Animal Products ($401k), Foodstuffs ($312k), and Textiles ($185k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Lebanon+N/AN/A
Top Product Potential Lebanon Austria+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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