Russia (RUS) and Lebanon (LBN) Trade | The Observatory of Economic Complexity

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Russia (RUS) and Lebanon (LBN) Trade

2022

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Exports $312MRnk 74 / 138

2022

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About

Russia-Lebanon In 2022, Russia exported $312M to Lebanon. The main products that Russia exported to Lebanon are Refined Petroleum ($200M), Seed Oils ($33.7M), and Wheat ($19.5M). During the last 26 years the exports of Russia to Lebanon have increased at an annualized rate of 7.33%, from $49.5M in 1996 to $312M in 2022.

In 2020, Russia exported services to Lebanon worth $3.65M, with Transportation ($1.72M), Other business services ($678k), and Royalties and license fees ($541k) being the largest in terms of value.

Lebanon-Russia In 2022, Lebanon exported $7.82M to Russia. The main products that Lebanon exported to Russia were Scrap Copper ($1.82M), Brochures ($1.1M), and Nonaqueous Paints ($1.01M). During the last 26 years the exports of Lebanon to Russia have increased at an annualized rate of 3.72%, from $3.02M in 1996 to $7.82M in 2022.

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

Comparison In 2022, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $20.8M and imported $1.03M from Lebanon, resulting in a positive trade balance of $19.8M. Between January 2021 and January 2022 the exports of Russia have decreased by $-2.83M (-12%) from $23.7M to $20.8M, while imports increased by $748k (270%) from $277k to $1.03M.

Trade In January 2022, the top exports of Russia to Lebanon were Refined Petroleum ($8.83M), Seed Oils ($8.46M), Wheat ($2.02M), Coal Briquettes ($1.79M), and Starch Residue ($647k). In January 2022 the top imports of Russia from Lebanon were Nonaqueous Paints ($176k), Brochures ($50.3k), Raw Tobacco ($17k), Citrus ($12.2k), and Furskin Apparel ($8.55k).

Origins In January 2022 the exports of Russia were mainly from KRASNODAR TERRITORY ($10.6M), ROSTOV REGION ($6.37M), KRASNOYARSK TERRITORY ($1.11M), IRKUTSK REGION ($735k), and KOMI REPUBLIC ($646k), while imports destinations were mainly SVERDLOVSK REGION ($464k), ST. PETERSBURG ($249k), MOSCOW REGION ($164k), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($131k), and KRASNODAR TERRITORY ($15.3k).

Growth In January 2022, the decrease in Russia's year-by-year exports to Lebanon was explained primarily by an decrease in product exports in Coal Briquettes ($-932k or -34.2%) and Sawn Wood ($-485k or -49.1%). In January 2022, the increase in Russia's year-by-year imports from Lebanon was explained primarily by an increase in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2021 - January 2022)$-2.83M(-12%)

IMPORT GROWTH (January 2021 - January 2022)$748k(270%)

MAIN EXPORTER (January 2022)KRASNODAR TERRITORY$10.6M

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Russia exported $312M to Lebanon. The main products exported from Russia to Lebanon were Refined Petroleum ($200M), Seed Oils ($33.7M), and Wheat ($19.5M). During the last 26 years the exports of Russia to Lebanon have increased at an annualized rate of 7.33%, from $49.5M in 1996 to $312M in 2022.

In 2022, Lebanon exported $7.82M to Russia. The main products exported from Lebanon to Russia were Scrap Copper ($1.82M), Brochures ($1.1M), and Nonaqueous Paints ($1.01M). During the last 26 years the exports of Lebanon to Russia have increased at an annualized rate of 3.72%, from $3.02M in 1996 to $7.82M in 2022.

Exports from Russia () to Lebanon () (2022)

Exports from Lebanon () to Russia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$101B

Lebanon
Top DestinationUnited Arab Emirates$956M

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

In 2021, countries that imported more from Russia than Lebanon were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Lebanon than Russia were Syria ($370M), Iraq ($162M), and Bangladesh ($57.5M).

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

Comparative Advantage Russia - Lebanon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Russia had a large net trade with Lebanon in the exports of Mineral Products ($203M), Animal and Vegetable Bi-Products ($34.2M), and Vegetable Products ($28.7M).

During 2022, Lebanon had a large net trade with Russia in the exports of Metals ($1.82M), Foodstuffs ($1.32M), and Chemical Products ($1.17M).

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Lebanon worth $3.65M, with Transportation ($1.72M), Other business services ($678k), and Royalties and license fees ($541k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Lebanon () (2020)

Economic Complexity

Competitive Landscape

Year

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 Russia has comparative advantage over Lebanon. Similarly, the more yellow a dot/product is, the more Lebanon has comparative advantage over Russia.

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

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