Lebanon (LBN) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Lebanon-Cyprus Trade: In 2022, Lebanon exported $48.9M to Cyprus. The main products that Lebanon exported to Cyprus were Rolled Tobacco ($8.19M), Aluminium Structures ($5.33M), and Refined Petroleum ($3.03M). Over the past 5 years the exports of Lebanon to Cyprus have increased at an annualized rate of 28.1%, from $14.2M in 2017 to $48.9M in 2022.

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

Cyprus-Lebanon Trade: In 2022, Cyprus exported $329M to Lebanon. The main products that Cyprus exported to Lebanon were Refined Petroleum ($301M), Rolled Tobacco ($10.4M), and Bovine ($3.13M). Over the past 5 years the exports of Cyprus to Lebanon have increased at an annualized rate of 7.45%, from $72.9M in 2017 to $329M in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lebanon exported $48.9M to Cyprus. The main products exported from Lebanon to Cyprus were Rolled Tobacco ($8.19M), Aluminium Structures ($5.33M), and Refined Petroleum ($3.03M). During the last 5 years the exports of Lebanon to Cyprus have increased at an annualized rate of 28.1%, from $14.2M in 2017 to $48.9M in 2022.

In 2017, Cyprus exported $329M to Lebanon. The main products exported from Cyprus to Lebanon were Refined Petroleum ($301M), Rolled Tobacco ($10.4M), and Bovine ($3.13M). During the last 5 years the exports of Cyprus to Lebanon have increased at an annualized rate of 7.45%, from $72.9M in 2022 to $329M in 2017.

Exports from Lebanon () to Cyprus () (2022)

Exports from Cyprus () to Lebanon () (2022)

Latest Data

Trade between Lebanon () and Cyprus ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lebanon
Top DestinationUnited Arab Emirates$956M

Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Lebanon included Hong Kong ($482M), Greece ($471M), and Israel ($254M).

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

Comparative Advantage Lebanon - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lebanon had a large net trade with Cyprus in the exports of N/A.

During 2017, Cyprus had a large net trade with Lebanon in the exports of Mineral Products ($301M), Foodstuffs ($13.3M), and Animal Products ($3.81M).

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 Cyprus. This means that a dot/product with the flag of Lebanon indicates it has a comparative advantage over Cyprus. Similarly, a dot/product with the flag of Cyprus indicates it has a comparative advantage over Lebanon.

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Historical Data

Bilateral Trade by Products

Exports from Lebanon () to Cyprus () (2022)

Exports from Cyprus () to Lebanon () (2022)

Latest Data

Trade between Lebanon () and Cyprus ()

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Lebanon - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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