About

Lebanon-Montenegro Trade: In 2023, Lebanon exported $110k to Montenegro. The main products that Lebanon exported to Montenegro were Nonaqueous Paints ($30.2k), Electric Generating Sets ($23.9k), and Industrial Fatty Acids, Oils and Alcohols ($11.2k). Over the past 5 years the exports of Lebanon to Montenegro have increased at an annualized rate of 25.3%, from $35.6k in 2018 to $110k in 2023.

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

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

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

Comparison In 2023,  Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42),  and 130 in total exports ($4.94B). 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
Value

In 2023, Lebanon exported $110k to Montenegro. The main products exported from Lebanon to Montenegro were Nonaqueous Paints ($30.2k), Electric Generating Sets ($23.9k), and Industrial Fatty Acids, Oils and Alcohols ($11.2k). During the last 5 years the exports of Lebanon to Montenegro have increased at an annualized rate of 25.3%, from $35.6k in 2018 to $110k in 2023.

Montenegro does not register exports to Lebanon.

Exports from Lebanon (Flag) to Montenegro (Flag) (2023)

Exports from Montenegro (Flag) to Lebanon (Flag) (2023)

Latest Data

Trade between Lebanon (Flag) and Montenegro (Flag)

Montenegro Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Lebanon than Montenegro included United Arab Emirates ($1.3B), Egypt ($340M), and Iraq ($236M).

In 2023, countries that imported more from Montenegro than Lebanon included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

Difference in imports from Montenegro (Flag) and Lebanon (Flag) (2023)

Comparative Advantage Lebanon - Montenegro

Flow
Scale

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

During 2023, Lebanon had a large net trade with Montenegro in the exports of Chemical Products ($43.3k), Machines ($29k), and Miscellaneous ($10k).

Economic Complexity

Competitive Landscape

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

Product Space of Lebanon (Flag) and Montenegro (Flag) (2023)

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