Key Market Indicators
Lebanon's natural rubber imports decreased by 5.6% to $29,620 in 2021, compared to $31,370 in 2020. This decreased the country's ranking from 114 to 115, with Palestine overtaking Lebanon at $29,620. The US, Malaysia and Japan remained the top three countries in this ranking. Since 2002, Lebanon's natural rubber demand decreased by 10.1% year on year. In 2018, the country ranked 88th, with Latvia overtaking Lebanon at $180. Indonesia, Ivory Coast and Malaysia were the top three countries in this ranking.