Lebanon recorded a trade deficit of 588.53 USD Million in March of 2020.

Balance of Trade in Lebanon averaged -879.70 USD Million from 1993 until 2020, 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. This page provides - Lebanon Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lebanon Balance of Trade - values, historical data and charts - was last updated on June of 2020.

Balance of Trade in Lebanon is expected to be -1336.00 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 2021, according to our econometric models.

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Lebanon Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-588.53 -607.84 -182.55 -5575.08 1993 - 2020 USD Million Monthly

Lebanon Trade Last Previous Highest Lowest Unit
Balance of Trade -588.53 -607.84 -182.55 -5575.08 USD Million [+]
Current Account -556.80 -347.40 1787.80 -1881.60 USD Million [+]
Current Account to GDP -27.00 -25.70 37.80 -57.50 percent [+]
Imports 826.20 951.12 5825.86 268.55 USD Million [+]
Exports 237.67 343.28 487.12 26.69 USD Million [+]
External Debt 34068.30 33946.90 35694.20 315.00 USD Million [+]
Capital Flows 535.90 4409.60 5755.80 -2085.70 USD Million [+]
Remittances 836.80 833.30 1378.50 -248.90 USD Million [+]
Gold Reserves 286.80 286.83 286.83 286.80 Tonnes [+]
Terrorism Index 4.39 5.15 6.38 3.06 [+]
Tourist Arrivals 231380.00 284299.00 574974.00 20568.00 [+]
Foreign Direct Investment 231.83 28.19 872.50 -34.70 USD Million [+]

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.