Overview
According to Lebanese Customs, Lebanon’s imports of medical equipment reached $207 million in 2022, of which $27 million, or 13 percent, was of U.S. origin. Total medical equipment imports to Lebanon increased by 10 percent in 2022 compared to 2021.
Table 3: Medical Equipment Chart
| 2021 | 2022 | 2023 (Estimate) | 2024 (Projection) | |
| Total Local Production | $1 million | $1 million | $1 million | $1 million |
| Total Exports | $12 million | $16 million | $13 million | $13 million |
| Total Imports | $187 million | $207 million | $174 million | $174 million |
| Imports from the US | $29 million | $27 million | $22 million | $22 million |
| Total Market Size | $176 million | $192 million | $162 million | $162 million |
| Exchange Rates | LBP15,000 | LBP15,000 | LBP15,000 | LBP15,000 |
(Total market size = (total local production + imports) - exports)
Units: $ U.S. Dollars, LBP Lebanese Pounds
Source: Lebanese Customs statistics – Section 18 for 2021-2022 data; local importers for 2023-2024 data
Leading Sub-Sectors
According to local experts, U.S. medical equipment products are characterized by their high quality and competitive value.
Opportunities
The Lebanese market has traditionally been used as a platform for testing U.S. products prior to introducing them to the rest of the Levant market.
The U.S. Commercial Service provides a wide range of services including, Gold Key Service (GKS) and International Partner Search (IPS), which help U.S. companies explore opportunities in Lebanon.
Resources
Lebanese Customs Administration
Contact for the Commercial Section that covers the medical equipment sector: Naaman Tayyar, Head of Commercial Section, Email: Naaman.Tayyar@trade.gov.