Country intelligence · LBN · 2024

Lebanon trade profile

In 2024, Lebanon recorded $3.7B in merchandise exports and $17.7B in imports, producing a $14.0B trade deficit. Exports changed -11.6% from the previous year, while imports changed -3.0%.[1]

Exports

$3.7B

-11.6%

Imports

$17.7B

-3.0%

Trade balance

-$14.0B

deficit

Active partners

270

46 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$3.7B$17.7B-$14.0B-11.6%
2023$4.2B$18.2B-$14.1B+3.8%
2022$4.0B$20.0B-$16.0B-6.9%
2021$4.3B$14.5B-$10.2B+9.4%
2020$3.9B$12.0B-$8.0B-12.0%
2019$4.5B$18.8B-$14.4B+25.5%
2018$3.6B$20.1B-$16.6B-1.7%
2017$3.6B$19.9B-$16.2B+7.3%
2016$3.4B$19.2B-$15.9B-2.7%
2015$3.5B$18.8B-$15.4B-8.8%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 71 · Precious metals and stones

41 active HS6 lines · 87 export partners

$836.8M
2

HS 85 · Electrical machinery

259 active HS6 lines · 144 export partners

$325.9M
3

HS 87 · Vehicles

87 active HS6 lines · 137 export partners

$252.4M
4

HS 72 · HS chapter

145 active HS6 lines · 51 export partners

$147.4M
5

HS 08 · HS chapter

68 active HS6 lines · 107 export partners

$145.6M
6

HS 84 · Machinery

492 active HS6 lines · 146 export partners

$130.9M
7

HS 20 · HS chapter

52 active HS6 lines · 130 export partners

$125.2M
8

HS 74 · HS chapter

49 active HS6 lines · 67 export partners

$118.1M

Leading export markets

Destinations rank bilateral export flows from Lebanon; growth describes each corridor rather than the whole economy.

1

United Arab Emirates

Annual change -22.4% · 3-year CAGR -8.0%

$790.3M
2

United States

Annual change +30.8% · 3-year CAGR 11.6%

$247.5M
3

Egypt

Annual change +0.5% · 3-year CAGR 1.7%

$216.9M
4

Iraq

Annual change -13.4% · 3-year CAGR 17.9%

$204.7M
5

Switzerland

Annual change -18.1% · 3-year CAGR -32.4%

$135.4M
6

Kuwait

Annual change -19.3% · 3-year CAGR -6.1%

$114.4M
7

Türkiye

Annual change -45.4% · 3-year CAGR 22.4%

$111.2M
8

Jordan

Annual change +4.8% · 3-year CAGR 5.3%

$110.3M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.