Lebanon imported $1.3 billion worth of American goods in 2014. (The Daily Star/Mohammad Azakir)
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The U.S. Department of Commerce said Lebanon was the 74th largest market for U.S. exports in 2014, while it was the 77th largest market in 2013 . It added that the U.S. exported $1.3 billion worth of goods to Lebanon last year, which accounted for 5.9 percent of total Lebanese imports, compared to U.S. exports of $1.5 billion or 7.1 percent of total imports in 2013 .In addition, U.S. agricultural exports to Lebanon totaled $140 million in 2014 and accounted for 3.8 percent of Lebanon's total agricultural imports.Further, the CCG said that U.S. pharmaceutical exports to Lebanon increased by 5.6 percent to $113 million in 2014 and accounted for 9.9 percent of the country's total pharmaceutical imports, while U.S. exports of medical equipment to Lebanon fell by 10.7 percent to $67 million in 2014 and accounted for 22.9 percent of the market.It projected U.S. pharmaceutical exports to Lebanon to rise to $120 million in each of 2015 and 2016, while it forecast U.S. exports of medical equipment to Lebanon to remain unchanged at $67 million in each of 2015 and 2016 .
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