Overview
According to Lebanese Customs, Lebanon’s imports of medical equipment reached $247 million in 2024, of which $41 million, or 16.6 percent, was of U.S. origin. Total medical equipment imports to Lebanon increased by 19.5 percent in 2024 compared to 2022.
Table: Medical Equipment Chart, Total Market Size
| 2022 | 2023 | 2024 | 2025 (Estimated) | |
Total Local Production | $1 million | $1 million | $1 million | Not available | |
Total Exports | $16 million | $30 million | $19 million | $19 million | |
Total Imports | $207 million | $234 million | $247 million | $247 million | |
Imports from the US | $27 million | $38 million | $41 million | $41 million | |
Total Market Size | $192 million | $162 million | $162 million | Not available | |
Exchange Rates | LBP15,000 | LBP89,500 | LBP89,500 | LBP89,500 |
(Total market size = (total local production + imports) - exports)
Units: $ U.S. Dollars, LBP Lebanese Pounds
Source: Lebanese Customs statistics – Section 18 for 2023-2024 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.