Lebanon (LBN) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Lebanon-Azerbaijan Trade: In 2022, Lebanon exported $8.19M to Azerbaijan. The main products that Lebanon exported to Azerbaijan were Electric Generating Sets ($5.57M), Combustion Engines ($1.15M), and Chocolate ($530k). Over the past 5 years the exports of Lebanon to Azerbaijan have increased at an annualized rate of 27%, from $2.48M in 2017 to $8.19M in 2022.

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

Azerbaijan-Lebanon Trade: In 2022, Azerbaijan exported $28.3M to Lebanon. The main products that Azerbaijan exported to Lebanon were Refined Petroleum ($27.4M), Hot-Rolled Iron Bars ($504k), and Lubricating Products ($267k). Over the past 5 years the exports of Azerbaijan to Lebanon have decreased at an annualized rate of 2.28%, from $31.7M in 2017 to $28.3M in 2022.

In 2006, Azerbaijan exported services to Lebanon worth $3.27M, with Construction services ($3.27M) being the largest in terms of value.

Comparison: In 2022, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lebanon exported $8.19M to Azerbaijan. The main products exported from Lebanon to Azerbaijan were Electric Generating Sets ($5.57M), Combustion Engines ($1.15M), and Chocolate ($530k). During the last 5 years the exports of Lebanon to Azerbaijan have increased at an annualized rate of 27%, from $2.48M in 2017 to $8.19M in 2022.

In 2017, Azerbaijan exported $28.3M to Lebanon. The main products exported from Azerbaijan to Lebanon were Refined Petroleum ($27.4M), Hot-Rolled Iron Bars ($504k), and Lubricating Products ($267k). During the last 5 years the exports of Azerbaijan to Lebanon have decreased at an annualized rate of 2.28%, from $31.7M in 2022 to $28.3M in 2017.

Exports from Lebanon () to Azerbaijan () (2022)

Exports from Azerbaijan () to Lebanon () (2022)

Latest Data

Trade between Lebanon () and Azerbaijan ()

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lebanon
Top DestinationUnited Arab Emirates$956M

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Lebanon than Azerbaijan included United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

In 2022, countries that imported more from Azerbaijan than Lebanon included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

Difference in imports from Azerbaijan () and Lebanon () (2022)

Comparative Advantage Lebanon - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lebanon had a large net trade with Azerbaijan in the exports of Machines ($7.08M), Foodstuffs ($902k), and Stone And Glass ($72k).

During 2017, Azerbaijan had a large net trade with Lebanon in the exports of Mineral Products ($27.4M), Metals ($504k), and Chemical Products ($299k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Lebanon () to Azerbaijan () (2022)

Exports from Azerbaijan () to Lebanon () (2022)

Latest Data

Trade between Lebanon () and Azerbaijan ()

Azerbaijan Exports

Market Competitiveness

Difference in imports from Azerbaijan () and Lebanon () (2022)

Comparative Advantage Lebanon - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Lebanon () and Azerbaijan () (2022)

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