Benin (BEN) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Benin-Montenegro Trade: In 2023, Benin exported $3.36k to Montenegro. The main products that Benin exported to Montenegro were Coconuts, Brazil Nuts, and Cashews ($3.36k). Over the past 6 years the exports of Benin to Montenegro have increased at an annualized rate of 31.2%, from $661 in 2017 to $3.36k in 2023.

In 2023, Benin did not export any services to Montenegro.

Montenegro-Benin In N/A, Montenegro did not export any products to Benin.

In 2023, Montenegro did not export any services to Benin.

Comparison In 2023, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B). That same year, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Benin exported $3.36k to Montenegro. The main products exported from Benin to Montenegro were Coconuts, Brazil Nuts, and Cashews ($3.36k). During the last 6 years the exports of Benin to Montenegro have increased at an annualized rate of 31.2%, from $661 in 2017 to $3.36k in 2023.

Montenegro does not register exports to Benin. The main products exported from Montenegro to Benin were Chocolate ($8).

Exports from Benin () to Montenegro () (2023)

Exports from Montenegro () to Benin () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationUnited Arab Emirates$803M

Montenegro
Top DestinationItaly$576M

This map shows whether countries import more from Benin or Montenegro. Each country is colored based on the difference in imports they receive from Benin and Montenegro or the difference in the growth in imports.

In 2023, countries that imported more from Benin than Montenegro included United Arab Emirates ($803M), Bangladesh ($391M), and India ($216M).

In 2023, countries that imported more from Montenegro than Benin included Italy ($576M), Serbia ($202M), and Spain ($91.1M).

Difference in imports from Montenegro () and Benin () (2023)

Comparative Advantage Benin - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Benin and Montenegro by product, considering products traded by both, Benin and Montenegro.

During 2023, Benin had a large net trade with Montenegro in the exports of Vegetable Products ($3.36k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Benin and Montenegro. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Montenegro. Similarly, a dot/product with the flag of Montenegro indicates it has a comparative advantage over Benin.

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Montenegro () (2023)

Exports from Montenegro () to Benin () (2023)

Market Competitiveness

Difference in imports from Montenegro () and Benin () (2023)

Comparative Advantage Benin - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Benin () and Montenegro () (2023)

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