Key Market Indicators
Iron ore imports to Lebanon decreased dramatically in 2021, falling 15.6% to around $10,000 from 2020's figure of $12,220. This is the lowest level since 2002, when imports dropped 14%. Malta overtook Lebanon as the 91st largest importer of iron ore, with imports of $10,310. Japan, South Korea and Germany followed, taking the top three spots in the ranking.