The Lebanese economy has been struggling during H1 2019. The pressure has been rising to handle the large twin deficits and the very high level of public debt. The Lebanese private sector continued to ... read more
Lebanon has been recording a fiscal deficit for more than 9 years, reaching a maximum of $4.22B in 2013. The deficit narrowed by 27.18% in 2014, then deteriorated again in 2015. The slowdown in economic ... read more
The Lebanese trade deficit has been narrowing during the past two years, resulting from a faster decline in the value of imports than exports. In 2015, Lebanon recorded a trade deficit of $15.12B, compared ... read more
According to the Lebanese Customs, Port of Beirut (PoB) was the main trading hub of the country in 2015 as 72% of the imports and 52% of the exports passed through its customs office. PoB was closely ... read more
Customs activity was negative over the first eight months of 2015 recording yearly drops of 16.09% and 4.70% in terms of value and volume of transported goods. However, the steep decline in the value of ... read more
Customs activity was negative over the first seven months of 2015 recording yearly drops of 13.6% and 1.9% in terms of value and volume of transferred goods. However, the steep decline in the value of ... read more
Despite the 5.20% year-on-year (y-o-y) decline of the overall imports’ tonnage in the first five months of 2015 to 6.05M tons of goods worth $7.1B, four out of nine custom offices revealed higher volumes ... read more
Lebanon’s trade deficit shrank by 33.06% year -on-year (y-o-y) in January 2015 to stand at $1.09B due to an increase in overall exports of 2.55% from January 2014 and a decline in imports by 28.42%. Total ... read more
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