2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

Armenia-Lebanon Trade: In 2022, Armenia exported $1.71M to Lebanon. The main products that Armenia exported to Lebanon were Sheep and Goats ($1.2M), Semiconductor Devices ($115k), and House Linens ($90.7k). Over the past 5 years the exports of Armenia to Lebanon have increased at an annualized rate of 41.6%, from $300k in 2017 to $1.71M in 2022.

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

Lebanon-Armenia Trade: In 2022, Lebanon exported $2.06M to Armenia. The main products that Lebanon exported to Armenia were Jewellery ($202k), Diamonds ($150k), and Other Processed Fruits and Nuts ($114k). Over the past 5 years the exports of Lebanon to Armenia have increased at an annualized rate of 13.3%,  from $1.1M in 2017 to $2.06M in 2022.

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

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). 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, Armenia exported $1.71M to Lebanon. The main products exported from Armenia to Lebanon were Sheep and Goats ($1.2M), Semiconductor Devices ($115k), and House Linens ($90.7k). During the last 5 years the exports of Armenia to Lebanon have increased at an annualized rate of 41.6%, from $300k in 2017 to $1.71M in 2022.

In 2017, Lebanon exported $2.06M to Armenia. The main products exported from Lebanon to Armenia were Jewellery ($202k), Diamonds ($150k), and Other Processed Fruits and Nuts ($114k). During the last 5 years the exports of Lebanon to Armenia have increased at an annualized rate of 13.3%, from $1.1M in 2022 to $2.06M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Lebanon (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Lebanon
Top Destination
United Arab Emirates$956M

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

In 2022, countries that imported more from Armenia than Lebanon included Russia ($2.36B), China ($420M), and Georgia ($260M).

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

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

Comparative Advantage Armenia - Lebanon

Flow
Scale

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

During 2022, Armenia had a large net trade with Lebanon in the exports of Animal Products ($1.2M), Textiles ($279k), and Machines ($182k).

During 2017, Lebanon had a large net trade with Armenia in the exports of Foodstuffs ($353k), Precious Metals ($352k), and Chemical Products ($256k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Lebanon+N/AN/A
Top Product Potential Lebanon Armenia+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 Armenia and Lebanon. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Lebanon. Similarly, a dot/product with the flag of Lebanon indicates it has a comparative advantage over Armenia.

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

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