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Lebanon Net Trade (Goods & Services, BoP)

Lebanon's net trade (goods & services, bop) fell to $-11.54 billion in 2023, down from $-12.09 billion in 2022, according to World Bank. This represents a decrease of 4.5% ($548.76 million) from the previous year. Lebanon has the 18th lowest net trade (goods & services, bop). Within Asia, it ranks 35th out of 42 countries.

Yearly Historical Data (2002-2023)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2023 -11.54
2022 -12.09
2021 -7.98
2020 -6.43
2019 -12.94
2018 -13.62
2017 -13.13
2016 -12.11
2015 -11.43
2014 -14.4
2013 -13.34
2012 -11.91
2011 -7.63
2010 -9.49
2009 -8.34
2008 -6.9
2007 -5.11
2006 -3.27
2005 -3.62
2004 -5.3
2003 -2.03
2002 -3.75
Lebanon Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Lebanon, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $4.56B $3.86B 2023
Annual Imports $18.12B $19.5B 2023
Exports (% GDP) 30.55% 34.83% 2023
FDI Inflows (% GDP) 3.26% 2.51% 2023
Imports (% GDP) 73.65% 80.06% 2023
Tariff Rate 5.08% 4.97% 2020
Trade (% GDP) 104.21% 114.89% 2023