2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Belgium-Lebanon Trade: In 2022, Belgium exported $283M to Lebanon. The main products that Belgium exported to Lebanon were Refined Petroleum ($82.6M), Vaccines, blood, antisera, toxins and cultures ($32.2M), and Diamonds ($30.4M). Over the past 5 years the exports of Belgium to Lebanon have decreased at an annualized rate of 5.43%, from $374M in 2017 to $283M in 2022.

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

Lebanon-Belgium Trade: In 2022, Lebanon exported $27.4M to Belgium. The main products that Lebanon exported to Belgium were Scrap Copper ($7.57M), Wine ($3.64M), and Non-Iron and Steel Slag, Ash and Residues ($3.31M). Over the past 5 years the exports of Lebanon to Belgium have increased at an annualized rate of 10.9%,  from $16.3M in 2017 to $27.4M in 2022.

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

Comparison: In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). 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, Belgium exported $283M to Lebanon. The main products exported from Belgium to Lebanon were Refined Petroleum ($82.6M), Vaccines, blood, antisera, toxins and cultures ($32.2M), and Diamonds ($30.4M). During the last 5 years the exports of Belgium to Lebanon have decreased at an annualized rate of 5.43%, from $374M in 2017 to $283M in 2022.

In 2017, Lebanon exported $27.4M to Belgium. The main products exported from Lebanon to Belgium were Scrap Copper ($7.57M), Wine ($3.64M), and Non-Iron and Steel Slag, Ash and Residues ($3.31M). During the last 5 years the exports of Lebanon to Belgium have increased at an annualized rate of 10.9%, from $16.3M in 2022 to $27.4M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Lebanon
Top Destination
United Arab Emirates$956M

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

In 2022, countries that imported more from Belgium than Lebanon included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Lebanon than Belgium included Syria ($370M), Grenada ($2.54M), and Anguilla ($418k).

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

Comparative Advantage Belgium - Lebanon

Flow
Scale

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

During 2022, Belgium had a large net trade with Lebanon in the exports of Mineral Products ($82.9M), Chemical Products ($62.4M), and Precious Metals ($30.7M).

During 2017, Lebanon had a large net trade with Belgium in the exports of Metals ($9M), Foodstuffs ($4.51M), and Mineral Products ($3.32M).

Potential Exports

Potential Exports

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

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with