The Lebanese Republic is a country in Western Asia. It is bordered by Syria to the north and east and Israel to the south. Lebanon’s economy follows a laissez-faire model. The country has no restrictions on the movement of capital across its borders, and the Lebanese government’s intervention in foreign trade is minimal. If you’re an entrepreneur, you can’t afford to miss the opportunities that come with engaging in export from the US to Lebanon.
The Lebanese economy is a developing economy. It actually grew during the global financial crisis of 2008, and nominal GDP was estimated at $41.5 billion in 2011. It is forecast that Lebanon’s GDP per capita will soon reach $20,000, making it one of the strongest economies in the region. Lebanon has the largest proportion of skilled labor among the Arab States.
The major industrial sectors include metal products, banking, agriculture, chemicals, and transport equipment. Lebanon has a competitive and free market regime. Clearly, the decision to export from the US to Lebanon is a smart one.
If the volume of your shipment is equal to at least half a 20-foot container-at least six standard pallets-then FCL will be your best option. A 40-foot container can carry 22 standard pallets, while a 20-foot container takes 10.
If your shipment volume is smaller, but you need to ensure that your goods are kept separate from those of other exporters during shipping, FCL is also a wise choice.
If separation of goods isn’t an issue, you may want to opt for groupage-a shared container (LCL). This requires you to pay only for the space you need. Please contact iContainers for rates and other important information.
Air freight imposes some limitations on shipping in terms of volume and weight, but it may be more appropriate to your needs than ocean freight if your goods need to be shipped quickly. iContainers provides a calculator to help you determine whether this is the right option for you.