Lebanon - Foreign trade





Foreign trade has been important in the economic life of Lebanon as a source of both income and employment. Some 40% of total exports are actually re-exports, principally machinery, metal products, foods, wood products, textiles, and chemicals.

The most expensive products that Lebanon exports are gold, silverware, jewelry, and precious stones (21%). Other exports include fruits, nuts and vegetables (10.5%), scrap metal (7.2%), and printed matter (4.5%). Major imports include food (29%), machinery and transport equipment (28%), consumer goods (18%), and chemicals (9%).

Principal trading partners in 2000 (in millions of US dollars) were as follows:

Lebanon

COUNTRY EXPORTS IMPORTS BALANCE
Saudi Arabia 78 165 -87
United Arab Emirates 75 48 27
Switzerland 51 432 -423
United States 49 458 -613
France 37 527 -625
Syria 26 283 -212
Turkey 23 139 -159
Italy 18 680 -794
Germany 18 520 -590
United Kingdom 11 243 -298
Japan 6 211 -291
China (inc. Hong Kong) n.a. 287 -277

User Contributions:

marissa
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May 9, 2011 @ 9:21 pm
is lebanon banned from trade with any countries or nations?

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