1945

In 2013, the value of merchandise exports of Lebanon decreased substantially by 11.5 percent to reach 3.9 bln US$, while its merchandise imports increased slightly by 0.4 percent to reach 21.2 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 17.3 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -8.0 bln US$ (see graph 4). Merchandise exports in Lebanon were diversified amongst partners; imports were also diversified. The top 21 partners accounted for 80 percent or more of exports and 22 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Lebanon decreased substantially by 10.4 percent, reaching 14.7 bln US$, while its imports of services increased substantially by 10.6 percent and reached 13.1 bln US$ (see graph 2). There was a relatively small trade in services surplus of 1.6 bln US$.

Related Subject(s): International Trade and Finance
Countries: Lebanon
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