Netherlands (NLD) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Netherlands-Montenegro Trade: In 2023, Netherlands exported $80.9M to Montenegro. The main products that Netherlands exported to Montenegro were Pig Meat ($18.5M), Vaccines, blood, antisera, toxins and cultures ($12.5M), and Bovine Meat ($10.4M). Over the past 5 years the exports of Netherlands to Montenegro have increased at an annualized rate of 4.88%, from $63.7M in 2018 to $80.9M in 2023.

In 2009, Netherlands exported services to Montenegro worth $12.4M, with Services not allocated ($12.4M) being the largest in terms of value.

Montenegro-Netherlands Trade: In 2023, Montenegro exported $4.11M to Netherlands. The main products that Montenegro exported to Netherlands were Other Mineral ($1.14M), Delivery Trucks ($656k), and Broadcasting Equipment ($573k). Over the past 5 years the exports of Montenegro to Netherlands have decreased at an annualized rate of 15.5%, from $9.55M in 2018 to $4.11M in 2023.

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

Comparison In 2023, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index.

Latest Trends

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Overview In N/A, Netherlands exported €N/A and imported €N/A from Montenegro, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Netherlands have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Netherlands to Montenegro were Meat of bovine animals, fresh, chilled... (€1M) and Other meat and edible meat offal,... (€1M). In N/A the top imports of Netherlands from Montenegro were Motor vehicles for the transport of... (€1M).

Latest Trade

Time Scale

Year

Quarter

Month

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Exports

Imports

Value

Trade Value

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Growth (%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Montenegro and Netherlands trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Netherlands exported $80.9M to Montenegro. The main products exported from Netherlands to Montenegro were Pig Meat ($18.5M), Vaccines, blood, antisera, toxins and cultures ($12.5M), and Bovine Meat ($10.4M). During the last 5 years the exports of Netherlands to Montenegro have increased at an annualized rate of 4.88%, from $63.7M in 2018 to $80.9M in 2023.

In 2018, Montenegro exported $4.11M to Netherlands. The main products exported from Montenegro to Netherlands were Other Mineral ($1.14M), Delivery Trucks ($656k), and Broadcasting Equipment ($573k). During the last 5 years the exports of Montenegro to Netherlands have decreased at an annualized rate of 15.5%, from $9.55M in 2023 to $4.11M in 2018.

Exports from Netherlands () to Montenegro () (2023)

Exports from Montenegro () to Netherlands () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$96.9B

Montenegro
Top DestinationItaly$576M

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

In 2023, countries that imported more from Netherlands than Montenegro included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, no countries were registered that imported more from Montenegro than from Netherlands.

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

Comparative Advantage Netherlands - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Netherlands had a large net trade with Montenegro in the exports of Animal Products ($32.5M), Chemical Products ($18.4M), and Vegetable Products ($6.52M).

During 2018, Montenegro had a large net trade with Netherlands in the exports of Machines ($1.15M), Mineral Products ($1.15M), and Transportation ($705k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Montenegro () (2023)

Exports from Montenegro () to Netherlands () (2023)

Market Competitiveness

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

Comparative Advantage Netherlands - Montenegro

Economic Complexity

Competitive Landscape

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

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