Imports

Food Importers Reassure Consumers About Price Stability

This is Beirut, 15:55 - Reading : 1 minute(s)

dollar Hani Bohsali Food Importers' Union Lebanon Imports prices

As global trade tensions between the United States and China continue to disrupt international markets, the president of the Lebanese Food Importers’ Union, Hani Bohsali, sought on Monday to reassure Lebanese consumers about the stability of food prices. In a statement, Bohsali confirmed that food import prices to Lebanon remain stable despite ...

Gold Reserves in Lebanon Surge to $2 Billion!

Liliane Mokbel, 12/04 12:00 - Reading : 1 minute(s)

lebanon Gold exports imports dollars

The demand for precious metals in Lebanon continues to grow. According to data from the Economic Studies Center of the Beirut and Mount Lebanon Chamber of Commerce, Industry and Agriculture (CCIAB), imports of precious metals (customs classification) reached $2.572 billion in 2024, marking an increase of $46 million compared to the previous ...

Lebanon Faces Severe Trade Deficit and Economic Imbalance

Liliane Mokbel, 05/04 12:00 - Reading : less than a minute

lebanon crisis imports GDP deficit

Lebanon's trade deficit in 2024 reached $14.2 billion, accounting for approximately 50% of the country's GDP. This level, one of the highest in the world, is alarming and reflects the magnitude of the country's economic imbalances. According to statistics from the Higher Council of Customs, imports declined by 3.5%, totaling $16.9 billion, while ...

Lebanon's Solar Energy Market Faces Sharp Decline

Liliane Mokbel, 29/03 12:00 - Reading : less than a minute

solar panels lebanon imports energy

The solar energy market in Lebanon experienced a dramatic decline. In 2024, imports of solar panels dropped by 41% compared to 2023 and by 82% compared to 2022, according to data from the Lebanese Customs Authority. A record high was reached in 2022, with 5 million panels imported, while only 2.24 million were imported in 2024, valued at a ...

Syria's Economy Reborn After Being Freed from Assad

This is Beirut, 23/01 16:25 - Reading : 4 minute(s)

US Treasury Economy Syria imports foreign trade

When Bashar al-Assad ruled Syria, merchants like Youssef Rajab kept much of their imported stock hidden for fear of arrest for breaking the law. But after an Islamist-led coalition toppled Assad in a lightning offensive last month, Rajab put previously banned foreign goods such as chocolate, biscuits and shampoo back on the shelf. Such products ...

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