2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC 
$12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Montenegro-Lebanon Trade: In 2023, Montenegro exported $165k to Lebanon. The main products that Montenegro exported to Lebanon were Hard Liquor ($162k), Motor vehicles; parts and accessories (8701 to 8705) ($1.76k), and Yeast ($335). Over the past 5 years the exports of Montenegro to Lebanon have increased at an annualized rate of 68.7%, from $12.1k in 2018 to $165k in 2023.

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

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.

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $165k to Lebanon. The main products exported from Montenegro to Lebanon were Hard Liquor ($162k), Motor vehicles; parts and accessories (8701 to 8705) ($1.76k), and Yeast ($335). During the last 5 years the exports of Montenegro to Lebanon have increased at an annualized rate of 68.7%, from $12.1k in 2018 to $165k in 2023.

In 2018, 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 2023 to $110k in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Lebanon (Flag)

Montenegro Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Montenegro - Lebanon

Flow
Scale

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

During 2023, Montenegro had a large net trade with Lebanon in the exports of Foodstuffs ($163k), Transportation ($1.76k), and Machines ($432).

During 2018, 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 Montenegro and Lebanon. This means that a dot/product with the flag of Montenegro indicates it has a comparative advantage over Lebanon. Similarly, a dot/product with the flag of Lebanon indicates it has a comparative advantage over Montenegro.

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

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