2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Lebanon-Australia Trade: In 2022, Lebanon exported $22.4M to Australia. The main products that Lebanon exported to Australia were Pure Olive Oil ($3.07M), Other Processed Fruits and Nuts ($1.47M), and Other Processed Vegetables ($1.36M). Over the past 5 years the exports of Lebanon to Australia have increased at an annualized rate of 5.66%, from $17M in 2017 to $22.4M in 2022.

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

Australia-Lebanon Trade: In 2022, Australia exported $18.6M to Lebanon. The main products that Australia exported to Lebanon were Dried Legumes ($2.25M), Motor vehicles; parts and accessories (8701 to 8705) ($1.98M), and Cars ($1.72M). Over the past 5 years the exports of Australia to Lebanon have decreased at an annualized rate of 17.4%,  from $48.3M in 2017 to $18.6M in 2022.

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

Comparison: In 2022,  Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lebanon exported $22.4M to Australia. The main products exported from Lebanon to Australia were Pure Olive Oil ($3.07M), Other Processed Fruits and Nuts ($1.47M), and Other Processed Vegetables ($1.36M). During the last 5 years the exports of Lebanon to Australia have increased at an annualized rate of 5.66%, from $17M in 2017 to $22.4M in 2022.

In 2017, Australia exported $18.6M to Lebanon. The main products exported from Australia to Lebanon were Dried Legumes ($2.25M), Motor vehicles; parts and accessories (8701 to 8705) ($1.98M), and Cars ($1.72M). During the last 5 years the exports of Australia to Lebanon have decreased at an annualized rate of 17.4%, from $48.3M in 2022 to $18.6M in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Australia
Top Destination
China$123B

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

In 2022, countries that imported more from Lebanon than Australia included Syria ($370M), Greece ($107M), and Republic of the Congo ($56.2M).

In 2022, countries that imported more from Australia than Lebanon included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Lebanon - Australia

Flow
Scale

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

During 2022, Lebanon had a large net trade with Australia in the exports of Foodstuffs ($10.6M), Animal and Vegetable Bi-Products ($3.09M), and Plastics and Rubbers ($1.48M).

During 2017, Australia had a large net trade with Lebanon in the exports of Transportation ($3.82M), Vegetable Products ($3.48M), and Animal Products ($3.34M).

Economic Complexity

Competitive Landscape

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

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

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