Lebanon recorded a trade deficit of 1016.06 USD Million in October of 2019. Balance of Trade in Lebanon averaged -880.91 USD Million from 1993 until 2019, reaching an all time high of -182.55 USD Million in August of 2006 and a record low of -5575.08 USD Million in December of 2017.
Balance of Trade in Lebanon is expected to be -1347.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Lebanon to stand at -1300.00 in 12 months time. In the long-term, the Lebanon Balance of Trade is projected to trend around -1465.00 USD Million in 2020, according to our econometric models.