According to the Lebanese Customs, trade activity at Lebanon’s main customs offices recorded an improvement by March 2019, compared to the same period last year. In fact, the total value of imports added a yearly 2.90% to settle at $4.95B in Q1 2019. In turn, the value of exports also climbed by an annual 5.14% to reach $855.8M by March 2019.
Over the same period, Port of Beirut grasped the lion’s share (68.69%) of the trade activity value, such that it processed $3.63B worth of imports and $354.9M worth of exports (which constituted 22.21% of total trade activity).
It followed that $936.4M worth of imports and $352.7M worth of exports went through the customs of Beirut International Airport in Q1 2019.
The customs office of Tripoli came in third place (5.78% of total trade activity), as it accounted for $275.9M of total imports and $59.27M of total exports over the same period.
As the war in Syria had come to its final stages in 2018, the export activity through Masnaa and Abboudieh improved. In details, the value of imports through Masnaa and Abboudiyeh offices increased from $17.52M and %1.66M in Q1 2018 to $39.84M and $6.77M in Q1 2019. Worth mentioning that the activity through the above customs office has deteriorated since the start of the war in Syria in 2011.
Shares of Trade Value by Customs Offices
Source: Lebanese Customs