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Pricing

2022
Flag → Flag
Exports $66.7MRnk 133 / 224
2022
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Top Product $10MBovine Meat
2022
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Exports $5.43MRnk 28 / 123
2022
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Top Product $969kOther Engines
2022
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Economic Complexity (ECI) ECI 1.1Rnk 20 / 124
2022
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GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
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 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
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GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
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GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
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GDP PC$9,894CURRENT US$
Rnk 79 / 186
2012-2022
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GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Netherlands-Montenegro In 2022, Netherlands exported $66.7M to Montenegro. The main products that Netherlands exported to Montenegro are Bovine Meat ($10M), Pig Meat ($8.57M), and Vaccines, blood, antisera, toxins and cultures ($5.07M). During the last 16 years the exports of Netherlands to Montenegro have decreased at an annualized rate of 7.49%, from $232M in 2006 to $66.7M in 2022.

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 In 2022, Montenegro exported $5.43M to Netherlands. The main products that Montenegro exported to Netherlands were Other Engines ($969k), Delivery Trucks ($642k), and Cars ($601k). During the last 16 years the exports of Montenegro to Netherlands have decreased at an annualized rate of 15.7%, from $83.1M in 2006 to $5.43M in 2022.

In 2022, Montenegro did not export any services to Netherlands.

Comparison In 2022,  Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1),  and 6 in total exports ($674B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €2M and imported €3M from Montenegro, resulting in a negative trade balance of €1M. Between October 2021 and October 2022 the exports of Netherlands have increased by €1M (100%) from €1M to €2M, while imports decreased by €-2M (-40%) from €5M to €3M.

Trade In October 2022, the top exports of Netherlands to Montenegro were Other meat and edible meat offal,... (€1M) and Medicinal and pharmaceutical products, other than... (€1M). In October 2022 the top imports of Netherlands from Montenegro were .

Growth In October 2022, the increase in Netherlands's year-by-year exports to Montenegro was explained primarily by an increase in product exports in . In March 2022, the decrease in Netherlands's year-by-year imports  from Montenegro was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (October 2021 - October 2022)€1M(100%)
IMPORT GROWTH (March 2021 - March 2022)€-2M(-40%)

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
Value

In 2022, Netherlands exported $66.7M to Montenegro. The main products exported from Netherlands to Montenegro were Bovine Meat ($10M), Pig Meat ($8.57M), and Vaccines, blood, antisera, toxins and cultures ($5.07M). During the last 16 years the exports of Netherlands to Montenegro have decreased at an annualized rate of 7.49%, from $232M in 2006 to $66.7M in 2022.

In 2022, Montenegro exported $5.43M to Netherlands. The main products exported from Montenegro to Netherlands were Other Engines ($969k), Delivery Trucks ($642k), and Cars ($601k). During the last 16 years the exports of Montenegro to Netherlands have decreased at an annualized rate of 15.7%, from $83.1M in 2006 to $5.43M in 2022.

Exports from Netherlands (Flag) to Montenegro (Flag) (2022)

Exports from Montenegro (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Montenegro
Top DestinationSouth Korea$321M

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 2021, countries that imported more from Netherlands than Montenegro were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2019, no countries were registered that imported more from Montenegro than from Netherlands.

Difference in imports from Montenegro (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Montenegro

Flow
Scale

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

During 2022, Netherlands had a large net trade with Montenegro in the exports of Animal Products ($21.1M), Chemical Products ($12.4M), and Machines ($8.81M).

During 2022, Montenegro had a large net trade with Netherlands in the exports of Machines ($2.06M), Transportation ($1.32M), and Instruments ($985k).

Service Trade

Bilateral Service Trade

Nld Year

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

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to Montenegro (Flag) (2009)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Montenegro. Similarly, the more yellow a dot/product is, the more Montenegro has comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Montenegro (Flag) (2022)

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