Lebanon | Imports and Exports | World | Iron and steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 72 "Iron and steel" from Lebanon totalled $ 151 million in 2023. Sales of commodity group 72 from Lebanon decreased by 6.12% in value terms compared to 2022. exports of commodity group 72 "Iron and steel" decreased by $ 9.89 million (cumulative exports of commodity group 72 from Lebanon amounted $161 million in 2022)
Exports of commodity group 72 "Iron and steel" amounted to 3.32% of total exports from Lebanon (cumulative merchandise exports from Lebanon totalled $ 4.56 billion in 2023). The share of commodity group 72 in total exports from Lebanon decreased by 0.857 p.p. compared to 2022 (it was 4.18% in 2022 and cumulative exports from Lebanon were equal to $ 3.86 billion).
Where does Lebanon export Iron and steel?
Top export destinations of "Iron and steel" from Lebanon in 2023:
- Egypt with a share of 60% (91 million US$)
- Turkey with a share of 24% (37 million US$)
- Greece with a share of 4.01% (6.08 million US$)
- India with a share of 3.28% (4.98 million US$)
- Korea with a share of 1.84% (2.79 million US$)
- Côte d`Ivoire with a share of 1.01% (1.54 million US$)
- Cyprus - 1.42 million US$
- Areas, nes - 908 thousand US$
- Syrian Arab Republic - 860 thousand US$
- Iraq - 776 thousand US$
Exports structure of 72 - Iron and steel - from Lebanon in 2023 represented by the following main commodity groups:
- 94% (143 million US$): 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel.
- 2.51% (3.81 million US$): 7208 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated
- 0.556% (843 thousand US$): 7210 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated
- 0.39% (592 thousand US$): 7219 - Flat-rolled products of stainless steel, of a width of 600 mm or more
- 0.288% (438 thousand US$): 7216 - Angles, shapes and sections of iron or non-alloy steel
- 0.247% (375 thousand US$): 7215 - Other bars and rods of iron or non-alloy steel
- 0.21% (319 thousand US$): 7209 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, cold-rolled (cold-reduced), not clad, plated or coated
- 0.193% (292 thousand US$): 7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling
- 0.176% (267 thousand US$): 7211 - Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated or coated
- 0.099% (150 thousand US$): 7228 - Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel
The value of imports of commodity group 72 "Iron and steel" to Lebanon totalled $ 447 million in 2023. Sales of commodity group 72 to Lebanon decreased by 6.12% in value terms compared to 2022. imports of commodity group 72 "Iron and steel" decreased by $ 29 million (the value of imports of commodity group 72 to Lebanon was equal to $476 million in 2022)
Imports of commodity group 72 "Iron and steel" accounted for 2.46% of total import flow to Lebanon (in 2023, total imports to Lebanon amounted to $ 18.1 billion). The share of commodity group 72 in total imports to Lebanon increased by 0.024 p.p. compared to 2022 (it was 2.44% in 2022 and cumulative imports to Lebanon were equal to $ 19.5 billion).
Where does Lebanon import Iron and steel from?
Top trading partners (import of "Iron and steel") of Lebanon in 2023:
- China with a share of 24% (108 million US$)
- Egypt with a share of 14.5% (64 million US$)
- Turkey with a share of 13.2% (59 million US$)
- Japan with a share of 9.67% (43 million US$)
- Russia with a share of 7.47% (33 million US$)
- Saudi Arabia with a share of 6.45% (28 million US$)
- Iran with a share of 5.49% (24 million US$)
- Germany with a share of 3.74% (16.7 million US$)
- Algeria with a share of 3.13% (14 million US$)
- Belarus with a share of 2.15% (9.63 million US$)
Imports structure of 72 - Iron and steel - to Lebanon in 2023 represented by the following main commodity groups:
- 35% (157 million US$): 7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling
- 21% (96 million US$): 7208 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated
- 15.7% (70 million US$): 7210 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated
- 6.57% (29 million US$): 7226 - Flat-rolled products of other alloy steel, of a width of less than 600 mm
- 5.6% (25 million US$): 7228 - Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel
- 4.1% (18.3 million US$): 7213 - Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel
- 2.76% (12.3 million US$): 7219 - Flat-rolled products of stainless steel, of a width of 600 mm or more
- 2% (8.96 million US$): 7209 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, cold-rolled (cold-reduced), not clad, plated or coated
- 1.63% (7.32 million US$): 7225 - Flat-rolled products of other alloy steel, of a width of 600 mm or more
- 1.35% (6.06 million US$): 7216 - Angles, shapes and sections of iron or non-alloy steel
