Key Market Indicators
Lebanon's electrical equipment import is expected to reach around $1.2 billion by 2026, growing at an average of 1.7% year-on-year since 2002. The country was ranked 78th in 2021, with Macedonia overtaking at $1.1 billion. The United States, Germany and Singapore were the next three in that ranking. Conversely, Lebanon's electrical equipment export is expected to reach around $145 million by 2026, declining at an average of 1.7% year-on-year since 2002. The country was ranked 79th in 2021, with Myanmar overtaking at $161 million. South Korea, the United States and Germany were the next three in that ranking.