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COUNTRY PROFILE / LEBANON

COUNTRY PRESENTATION

Continent: Asia

Official name: Lebanese Republic

Nature of regime: Parliamentary

Head of Federal State: Mr. Michel Aoun (since October 31, 2016)

Area: 10,452 km²

Currency: Lebanese pound (1 USD = 1512.9 LL)

Population (2022, IMF): 6.8 million inhabitants

Capital: Beirut

Main cities: Tripoli, Saida, Tyre, Zahle

Official languages: Lebanese Arabic, French, English

ASSESSMENT OF BILATERAL COOPERATION

During the official visit of the Lebanese President to Cote d’Ivoire on March 14 and 15, 2013, the Ivorian Head of State and his Lebanese counterpart signed six (06) agreements relating to:

  • the fight against crime;
  • the protection of workers;
  • health;
  • agriculture;
  • tourism;
  • higher education and scientific research.

 

In addition, several draft agreements in the fields of bilateral cooperation are being negotiated. These are the Agreements relating to the strengthening of cooperation in areas with high potential: Trade, Industry, Water and Forests, Animal and Fisheries Resources, Mining, Oil and Energy, Transport.

In addition, Cote d’Ivoire has submitted draft agreements to Lebanon in the fields of Information and Communication, Education and Technical Education, Culture, Sports, and Gender and Children's Issues.

In addition, an agreement establishing the Ivorian-Lebanese Joint Cooperation Commission and a memorandum of understanding were signed in 2009.

TRADE

A. Main exports of Cote d’Ivoire to Lebanon: green coffee, cashew nuts, mass cotton, rubber, processed wood, and footwear.

 B. Main imports of Cote d’Ivoire from Lebanon: miscellaneous food preparations, petroleum products, plastics, miscellaneous products, consumer goods, ceram, glass and stones, road transport materials..

TRADE FLOWS COTE D’IVOIRE - LIBAN

Trade flows Cote d’Ivoire-Lebanon

Years

2018

2019

2020

2021

2022

 Exports

1500

1900

1200

2300

4700

Imports

16800

13200

12000

17900

25300

Trade balance

-15300

-11300

-10800

-15600

-20600

Global bilateral exchanges

18300

15100

13200

20200

30000

Sources : DGE-DPPSE

 

image 226

Sources : DGE-DPCEI

 

  • The value of bilateral trade is 30 billion of CFAF in 2022, against 20.2 billion of CFAF in 2021
  • Over the period 2018-2022, the average value of Ivorian exports amounted to 2.32 billion of CFAF / year against 17.040 billion of CFAF / year for imports.
  • Over this period, the trade balance is in deficit for Cote d’Ivoire due to the high import of generators, static and rotary electrical converters, electrical transformers, and coils.