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.

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Lebanon Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-1016.06 -1123.90 -182.55 -5575.08 1993 - 2019 USD Million Monthly


Lebanon Balance of Trade
The decades long reconstruction efforts in Lebanon has led to consistent trade deficits. Lebanon mainly exports precious stones, metals, electrical equipment, chemical products, food and beverages, and paper. Lebanon mainly imports oil, electrical equipment, precious stones and metals, chemical products, base metals, vehicles, food and beverages, vegetable products and animal products. Lebanon’s main trading partners are South Africa, Switzerland, Saudi Arabia, Italy, China and France.

Lebanon Trade Last Previous Highest Lowest Unit
Balance of Trade -1016.06 -1123.90 -182.55 -5575.08 USD Million [+]
Current Account 1142.80 -197.90 1787.80 -1881.60 USD Million [+]
Current Account to GDP -27.00 -25.70 37.80 -57.50 percent [+]
Imports 1308.08 1465.81 5825.86 268.55 USD Million [+]
Exports 292.02 341.92 487.12 26.69 USD Million [+]
External Debt 32517.40 32497.50 35694.20 315.00 USD Million [+]
Capital Flows 4279.60 3350.20 5755.80 -2085.70 USD Million [+]
Remittances 768.60 576.30 1378.50 -248.90 USD Million [+]
Gold Reserves 286.83 286.83 286.83 286.80 Tonnes [+]
Terrorism Index 4.39 5.15 6.38 3.06 [+]
Tourist Arrivals 527308.00 574974.00 574974.00 20568.00 [+]
Foreign Direct Investment 33.68 219.06 872.52 -34.68 USD Million [+]