Lebanese Republic
Asia & Middle East
Trade in Lebanese Republic
| The Lebanese Republic was the world’s 133rd largest exporter of goods in 2022. Export values were $4.37 billion USD. Lebanese Republic’s top export category was Manufactures, followed by Agricultural products, and Chemicals. In 2022, The Lebanese Republic’s main export destination markets for goods and services trade were to Switzerland, United Arab Emirates and Saudi Arabia. In terms of imports, The Lebanese Republic is the world’s 85th largest importer of goods. Import values were $19.50 billion USD in 2022. The Lebanese Republic’s top import category was Manufactures, followed by Fuels and mining products and Machinery and transport equipment. Leading import partners were United States, Greece and Turkey. The Lebanese Republic is part of 4 different Regional Trade Agreements, including EFTA – Lebanon and EU – Lebanon. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Lebanese Republic |
Abbreviation |
LB |
Capital |
Beirut |
WTO Membership Date |
Observer |
Legal System |
mixed legal system of civil law based on the French civil code, Ottoman legal tradition, and religious laws covering personal status, marriage, divorce, and other family relations of the Jewish, Islamic, and Christian communities |
Language |
Arabic |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Lebanese pound |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
http://www.customs.gov.lb/home.aspx |
Trade Information Portal |
https://lebtrade.gov.lb/ |
Additional Link |
Trade Information Portal |
Additional Link |
National Tariff Finder |
Last Reviewed: June, 2024
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