On the current account side of the balance of payments, Lebanon’s balance of trade deficit widened by $2.95 billion (22.28%) y-o-y in the first eleven months of 2025 to around $16.17 billion at end of November, up from around $13.22 billion in the same period in 2024, according to statistics published by the Lebanese Customs Administration. Said rise in the deficit was triggered by some $3.66 billion increase (23.30%) in imports to just below $19.38 billion, which totally eroded the $716.04 million annual increase (28.70%) in exports to $3.21 billion.

Switzerland led the list of countries importing from Lebanon, with its imports’ invoice aggregating to $622 million (19.37% of Lebanon’s exports). China, on the other hand, topped the list of countries exporting to Lebanon, with its exports bill reaching $2.22 billion (11.46% of Lebanon’s imports). This is further elaborated in the tables below:

Exports of “pearls, precious stones and metals” accounted alone for 33.12% ($1,063 million) of total Lebanese exports up to November 2025, followed by “base metals and their products” ($482 million <15.02%>), “prepared foodstuffs; beverages & tobacco” ($399 million <12.42%>), and products of the chemical industry” ($330 million <10.27%>). On the other hand, “mineral products” constituted the lion’s share of imported goods ($4,460 million <23.01%>), trailed by “pearls, precious stones and metals” ($3,771 million <19.46%>), “products of the chemical industry” ($1,557 million <8.04%>), and “machinery and electrical instruments” ($1,465 million <7.56%>).