2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$396BCURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP GROWTH
37.3%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC 
$12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC
$3,457CURRENT US$
Rnk 139 / 196
2013-2023
Flag
GDP PC GROWTH
14.3%CURRENT US$
Rnk 121 / 195

About

Montenegro-Egypt Trade: In 2023, Montenegro exported $106k to Egypt. The main products that Montenegro exported to Egypt were Sawn Wood ($44.7k), Combustion Engines ($24.3k), and Awnings, Tents, and Sails ($13.4k). Over the past 5 years the exports of Montenegro to Egypt have decreased at an annualized rate of 52.5%, from $4.38M in 2018 to $106k in 2023.

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

Egypt-Montenegro Trade: In 2023, Egypt exported $5.14M to Montenegro. The main products that Egypt exported to Montenegro were Raw Sugar ($1.28M), Citrus ($538k), and Building Stone ($473k). Over the past 5 years the exports of Egypt to Montenegro have decreased at an annualized rate of 0.69%,  from $5.32M in 2018 to $5.14M in 2023.

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

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $106k to Egypt. The main products exported from Montenegro to Egypt were Sawn Wood ($44.7k), Combustion Engines ($24.3k), and Awnings, Tents, and Sails ($13.4k). During the last 5 years the exports of Montenegro to Egypt have decreased at an annualized rate of 52.5%, from $4.38M in 2018 to $106k in 2023.

In 2018, Egypt exported $5.14M to Montenegro. The main products exported from Egypt to Montenegro were Raw Sugar ($1.28M), Citrus ($538k), and Building Stone ($473k). During the last 5 years the exports of Egypt to Montenegro have decreased at an annualized rate of 0.69%, from $5.32M in 2023 to $5.14M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Egypt (Flag)

Montenegro Exports

Egypt Exports

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Egypt
Top Destination
Saudi Arabia$5.31B

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

In 2023, countries that imported more from Montenegro than Egypt included Serbia ($202M), Luxembourg ($30.4M), and Latvia ($13.5M).

In 2023, countries that imported more from Egypt than Montenegro included Saudi Arabia ($5.31B), Turkey ($4.63B), and United States ($2.73B).

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

Comparative Advantage Montenegro - Egypt

Flow
Scale

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

During 2023, Montenegro had a large net trade with Egypt in the exports of Wood Products ($44.7k), Machines ($28k), and Textiles ($14k).

During 2018, Egypt had a large net trade with Montenegro in the exports of Foodstuffs ($1.3M), Vegetable Products ($1.27M), and Stone And Glass ($1.09M).

Economic Complexity

Competitive Landscape

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

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

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