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Lebanon - Trade Balance 2020

External balance on goods and services · World Bank
$-5.5B +$5.6B from 2019 Global rank: 24th

Lebanon's trade balance was $-5.5B in 2020, increased +$5.6B from $-11.1B in 2019. This was the 24th highest globally.

Global Ranking - 2020▾
Trade Balance by Country - 2020
RankCountryValueYoY
1st United States $-626.2B -8.5%
2nd France $-45.7B -158.1%
3rd Canada $-36.6B -43.1%
4th Philippines $-28.1B 38.3%
5th Egypt, Arab Republic of $-27.6B -10.4%
6th Pakistan $-24.4B 24.9%
7th Türkiye $-21.3B -179.0%
8th Bangladesh $-20.1B -6.4%
9th Iran, Islamic Republic of $-20.0B -44.7%
10th Colombia $-19.0B -0.8%
11th Algeria $-15.4B -39.6%
12th Greece $-14.1B -364.4%
13th Japan $-13.6B 8.3%
14th Romania $-11.1B -4.6%
15th India $-10.5B 85.6%
16th Nepal $-9.1B 20.7%
17th Morocco $-8.8B 12.6%
18th Uzbekistan $-8.1B 15.4%
19th Jordan $-8.0B -37.7%
20th Kenya $-7.6B 15.3%
21st Guatemala $-6.6B 17.3%
22nd West Bank and Gaza $-5.7B 12.6%
23rd Dominican Republic $-5.6B -47.6%
24th Lebanon $-5.5B 50.5%
25th Sri Lanka $-5.2B -1.2%
26th Afghanistan $-5.2B -5,062.3%
27th Mozambique $-4.9B -0.6%
28th Libya $-4.8B -221.3%
29th Portugal $-4.6B -456.7%
30th Senegal $-4.6B -37.0%
31st Serbia $-4.5B 12.8%
32nd El Salvador $-4.3B 0.0%
33rd Somalia, Fed. Rep. $-4.2B -9.2%
34th Iraq $-4.1B -124.4%
35th Croatia $-4.0B -1,503.0%
36th Honduras $-3.8B 19.8%
37th Tunisia $-3.5B 18.8%
38th Norway $-3.4B -135.2%
39th Haiti $-3.2B 8.9%
40th Guinea $-3.1B -174.6%
41st Georgia $-3.1B -88.3%
42nd Guam $-3.0B -41.1%
43rd Moldova $-2.7B 8.8%
44th Bosnia and Herzegovina $-2.7B 8.8%
45th Kosovo $-2.5B -16.0%
46th Ghana $-2.5B -87.5%
47th Ukraine $-2.4B 80.9%
48th Uganda $-2.3B -27.6%
49th Botswana $-2.3B -51.3%
50th Malawi $-2.2B -11.2%
51st Niger $-2.2B -9.7%
52nd Albania $-2.2B -4.5%
53rd Syrian Arab Republic $-2.1B 41.8%
54th New Caledonia $-1.7B 14.4%
55th Tajikistan $-1.7B 20.7%
56th Rwanda $-1.7B -13.5%
57th Montenegro $-1.7B -42.5%
58th Kyrgyz Republic $-1.6B 36.3%
59th Bolivia, Plurinational State of $-1.6B 43.2%
60th North Macedonia $-1.6B 9.5%
61st Virgin Islands (US) $-1.6B 16.6%
62nd French Polynesia $-1.5B -12.3%
63rd Cameroon $-1.3B 8.7%
64th Armenia $-1.3B 30.5%
65th New Zealand $-1.2B -383.9%
66th Mauritius $-1.2B -13.3%
67th Mali $-1.2B 44.8%
68th Madagascar $-1.1B -40.4%
69th Lesotho $-1.1B 6.8%
70th Namibia $-1.0B 20.0%
71st Benin $-798.2M -25.5%
72nd Cambodia $-787.5M 55.7%
73rd Zimbabwe $-740.7M -290.8%
74th Sierra Leone $-724.5M 38.9%
75th Bahamas, The $-712.3M -556.6%
76th Togo $-668.2M -12.1%
77th Maldives $-663.8M -90.1%
78th Nicaragua $-654.9M -16.3%
79th Tanzania $-631.1M -9.4%
80th Congo, Democratic Republic of $-624.5M 66.5%
81st Gambia, The $-510.7M -79.7%
82nd Cabo Verde $-506.5M -120.7%
83rd Central African Republic $-446.2M -8.3%
84th Northern Mariana Islands $-428.0M -83.7%
85th Bhutan $-385.8M -6.8%
86th Aruba $-384.8M -154.5%
87th Cyprus $-351.2M -232.5%
88th Estonia $-344.8M -129.3%
89th Greenland $-331.5M -9.4%
90th Azerbaijan $-329.1M -105.6%
91st Mauritania $-327.5M 52.3%
92nd Vanuatu $-299.8M -2,548.3%
93rd Seychelles $-281.9M -73.5%
94th Comoros $-272.8M -37.4%
95th American Samoa $-259.0M -20.5%
96th Timor-Leste $-246.9M 56.9%
97th Tonga $-215.0M 2.5%
98th Guinea-Bissau $-203.7M 4.6%
99th Micronesia, Federated States of $-189.0M -13.2%
100th Samoa $-165.9M -37.0%
101st Palau $-149.7M -36.6%
102nd Antigua and Barbuda $-148.5M -1,186.4%
103rd Belize $-130.4M -443.1%
104th Kiribati $-127.2M 14.3%
105th Turkmenistan $-124.0M -105.9%
106th Marshall Islands $-89.1M 51.5%
107th Iceland $-83.2M -105.9%
108th Solomon Islands $-66.7M 58.8%
109th Nauru $-59.6M -35.6%
110th Faroe Islands $-44.7M -147.0%
111th Macao SAR, China $-26.4M -100.1%
112th Côte d'Ivoire $27.9M -93.0%
113th Sudan $79.9M 102.7%
114th Eswatini $132.0M -0.8%
115th Djibouti $268.0M -30.6%
116th Chad $288.3M -40.6%
117th Mongolia $330.4M 139.0%
118th San Marino $370.7M 10.6%
119th Equatorial Guinea $372.3M -55.6%
120th Latvia $479.1M 764.1%
121st Burkina Faso $498.8M 264.3%
122nd Brunei Darussalam $530.8M -46.6%
123rd Finland $659.0M -63.3%
124th Saudi Arabia $664.0M -99.0%
125th Cuba $702.0M -57.7%
126th Cayman Islands $780.1M -45.5%
127th Slovak Republic $1.1B 3,240.6%
128th Paraguay $1.3B 270.9%
129th Congo, Republic of $1.4B -52.2%
130th Oman $1.7B -84.6%
131st Bermuda $1.7B -10.3%
132nd Bulgaria $1.8B -22.2%
133rd Belarus $1.9B 545.3%
134th Bahrain $2.0B -55.2%
135th Panama $2.2B 1,040,625.3%
136th Costa Rica $2.3B 23.1%
137th Ecuador $2.5B 15,828.0%
138th Uruguay $2.5B -34.1%
139th Zambia $2.6B 2,201.8%
140th Hungary $2.6B -28.2%
141st Malta $2.9B 10.3%
142nd Peru $3.6B 38.1%
143rd Gabon $3.8B -22.5%
144th Slovenia $4.8B 2.7%
145th Angola $5.2B -52.8%
146th Lithuania $5.2B 79.6%
147th Kuwait $6.0B -65.7%
148th Hong Kong SAR, China $6.7B 17.6%
149th Kazakhstan $6.9B -52.7%
150th Belgium $7.6B 203.5%
151st Brazil $8.9B 174.0%
152nd Chile $11.4B 319.5%
153rd Argentina $11.6B -19.5%
154th Qatar $11.9B -53.0%
155th Israel $12.8B 94.7%
156th Austria $14.7B -7.6%
157th South Africa $14.8B 653.1%
158th Czechia $16.9B 8.2%
159th Puerto Rico (US) $17.7B 24.1%
160th Indonesia $17.9B 459.7%
161st Mexico $18.1B 445.0%
162nd Viet Nam $19.1B 1.9%
163rd Spain $19.6B -53.3%
164th Denmark $20.1B -3.4%
165th United Kingdom $20.1B 158.3%
166th Malaysia $21.5B -21.8%
167th Sweden $22.3B 9.9%
168th Luxembourg $24.5B 15.1%
169th Thailand $26.0B -48.9%
170th Poland $34.0B 54.7%
171st Australia $45.0B 51.6%
172nd Switzerland $47.5B -32.8%
173rd United Arab Emirates $53.0B -46.3%
174th Korea $64.3B 39.3%
175th Italy $67.0B 3.5%
176th Russian Federation $75.8B -41.4%
177th Ireland $90.9B 365.3%
178th Netherlands $95.6B 3.3%
179th Singapore $110.1B -0.4%
180th Germany $209.1B -5.8%
181st China $355.1B 167.5%
Source: World Bank (NE.RSB.GNFS.CD)

FAQ

What was Lebanon's trade balance in 2020?▾

Lebanon's trade balance in 2020 was $-5.5B. This ranked 24th globally.

How did Lebanon's trade balance change in 2020?▾

Lebanon's trade balance increased by 50.5% in 2020 compared to 2019.

Which country had the highest trade balance in 2020?▾

China had the highest trade balance in 2020 at $355.1B.

What is the trade balance of Lebanon in 2020?▾

The trade balance of Lebanon in 2020 was $-5.5B. This ranked 24th globally.

How does 2020 compare to 2019 for Lebanon's trade balance?▾

Lebanon's trade balance went from $-11.1B in 2019 to $-5.5B in 2020, a 50.5% increase.

HistorySaid - pattern alert

Lebanon matched the Stagflation Risk pattern in 2020. Historically: 307 occurrences, 117 successful (38%). Outcome 24 months later: 171.2%. View full analysis →

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2019 2021 All years Full ranking 2020 Exports Imports Current Account Balance FDI Inflows FDI Outflows Peak: 1989 Lowest: 2014 Trade Balance 1990s Trade Balance 2000s Trade Balance 2010s Trade Balance 2020s Highest ever Lowest ever Average vs Micronesia, Federated States of vs Indonesia vs Jordan vs Cabo Verde Organisation of Islamic Cooperation Trade Balance Global Ranking