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14-12-2023
Lebanon exported $3.86 billion worth of exports worldwide in 2022. Compared to $4.23 billion in 2021, Lebanon's total exports decreased by -8.7% year-on-year.
Lebanon's top 5 most valuable exports are unset and unset diamonds, polyacetal, unwrought gold, jewelry, and iron and steel scrap.
Lebanon's Main Trading Partners
The latest country-specific data show that Lebanon's exports were mainly purchased by importers from the United Arab Emirates (23.3% of Lebanon's total), Syria (9.6%), Turkey (4.5%), Egypt (4.4%), Iraq (4.2%), Switzerland (4.06%), the United States of America (4.04%), Qatar (3.97%), South Korea (2.8%), and the United States of America (4.04%). ), South Korea (2.8%), Jordan (2.5%), Kuwait (2.24%) and France (2.24%).
Lebanon's Top 10 Exports
1. Gems, precious metals: $808.8 million (20.9% of total exports)
2. Plastics, plastic products: $384.9 million (10%)
3. Vehicles: $252.6 million (6.5%)
4. Fruits, nuts: $201.7 million (5.2%)
5. Motors, equipment: $184.8 million (4.8%)
6. Machinery including computers: $176.7 million (4.6%)
7. Steel: $161.6 million (4.2%)
8. Copper: $121.7 million (3.2%)
9. Fertilizer: $114.7 million (3%)
10. Beverages, spirits, vinegar: $105 million (2.7%)
Lebanon's top ten exports account for almost two-thirds (65.1%) of the value of its global exports.
Plastics, both as a material and as items made from plastic products, are the fastest growing of the top ten export categories, growing by 231.3% from 2021 to 2022. The second highest improvement in export sales was in fertilizers, which grew by 59.7%. Lebanon's shipments of electrical machinery and equipment ranked third in terms of growth, increasing by 35.9%.
The biggest drop in Lebanon's top ten export categories was fruits and nuts, down -50.2% year-on-year.
At the finer four-digit Harmonized Tariff System (HTS) code level, unset and unset diamonds (11.3% of Lebanon's global total) represent Lebanon's most valuable export in 2022. In second place is polyacetal (6.9%), followed by unwrought gold (5.1%), jewelry (4.5%), iron or steel scrap (3.8%), automobiles (3.7%), copper scrap (3%), phosphatic fertilizers (2.9%), generating sets or converters (2.1%), and then unwrought lead (1.4%).
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