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Pricing

2022
Flag → Flag
Exports $1.08BRnk 64 / 221
2022
Flag → Flag
Top Product $531MRefined Petroleum
2022
Flag → Flag
Exports $68.2MRnk 15 / 177
2022
Flag → Flag
Top Product $19.5MPhosphoric Acid
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI 0.38Rnk 46 / 124
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Lebanon In 2022, Italy exported $1.08B to Lebanon. The main products that Italy exported to Lebanon are Refined Petroleum ($531M), Jewellery ($55.4M), and Recreational Boats ($17.5M). During the last 27 years the exports of Italy to Lebanon have increased at an annualized rate of 0.72%, from $893M in 1995 to $1.08B in 2022.

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

Lebanon-Italy In 2022, Lebanon exported $68.2M to Italy. The main products that Lebanon exported to Italy were Phosphoric Acid ($19.5M), Electrical Transformers ($6.89M), and Raw Lead ($6.1M). During the last 27 years the exports of Lebanon to Italy have increased at an annualized rate of 5.01%, from $18.2M in 1995 to $68.2M in 2022.

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

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Lebanon ranked 46 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Latest Trends

December, 2023

About

Overview In December 2023, Italy exported €81.5M and imported €1.51M from Lebanon, resulting in a positive trade balance of €80M. Between December 2022 and December 2023 the exports of Italy have increased by €59.5M (269%) from €22.1M to €81.5M, while imports decreased by €-7M (-82.2%) from €8.51M to €1.51M.

Trade In December 2023, the top exports of Italy to Lebanon were Refined Petroleum (€58.4M), Jewellery (€2.4M), Glass Fibers (€37.5k), Soapstone (€32.2k), and Petroleum Gas (€17k). In December 2023 the top imports of Italy from Lebanon were .

Growth In December 2023, the increase in Italy's year-by-year exports to Lebanon was explained primarily by an increase in product exports in . In December 2023, the decrease in Italy's year-by-year imports  from Lebanon was explained primarily by an decrease in product imports  in N/A.

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€59.5M(269%)
IMPORT GROWTH (December 2022 - December 2023)€-7M(-82.2%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Lebanon and Italy trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $1.08B to Lebanon. The main products exported from Italy to Lebanon were Refined Petroleum ($531M), Jewellery ($55.4M), and Recreational Boats ($17.5M). During the last 27 years the exports of Italy to Lebanon have increased at an annualized rate of 0.72%, from $893M in 1995 to $1.08B in 2022.

In 2022, Lebanon exported $68.2M to Italy. The main products exported from Lebanon to Italy were Phosphoric Acid ($19.5M), Electrical Transformers ($6.89M), and Raw Lead ($6.1M). During the last 27 years the exports of Lebanon to Italy have increased at an annualized rate of 5.01%, from $18.2M in 1995 to $68.2M in 2022.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Lebanon
Top DestinationUnited Arab Emirates$956M

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

In 2021, countries that imported more from Italy than Lebanon were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2021, countries that imported more from Lebanon than Italy were Syria ($370M) and Liberia ($30M).

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

Comparative Advantage Italy - Lebanon

Flow
Scale

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

During 2022, Italy had a large net trade with Lebanon in the exports of Mineral Products ($535M), Machines ($108M), and Precious Metals ($60.5M).

During 2022, Lebanon had a large net trade with Italy in the exports of Chemical Products ($22.3M), Metals ($16.1M), and Machines ($8.3M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Lebanon. Similarly, the more yellow a dot/product is, the more Lebanon has comparative advantage over Italy.

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

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