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2022
Flag → Flag
Exports $10.1MRnk 94 / 187
2022
Flag → Flag
Top Product $4.54MWeapons Parts and Accessories
2022
Flag → Flag
Exports $615kRnk 45 / 123
2022
Flag → Flag
Top Product $293kFrozen Vegetables
2022
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag  
GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC $54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Israel-Montenegro Trade: In 2022, Israel exported $10.1M to Montenegro. The main products that Israel exported to Montenegro were Weapons Parts and Accessories ($4.54M), Metal Mountings ($2.47M), and Broadcasting Equipment ($945k). Over the past 5 years the exports of Israel to Montenegro have increased at an annualized rate of 49.6%, from $1.35M in 2017 to $10.1M in 2022.

In 2010, Israel exported services to Montenegro worth $0, with being the largest in terms of value.

Montenegro-Israel Trade: In 2022, Montenegro exported $615k to Israel. The main products that Montenegro exported to Israel were Frozen Vegetables ($293k), Electric Musical Instruments ($53.8k), and Chlorates and Perchlorates ($53.6k). Over the past 5 years the exports of Montenegro to Israel have increased at an annualized rate of 22.9%,  from $219k in 2017 to $615k in 2022.

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

Comparison In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23),  and 49 in total exports ($76.9B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Israel exported $10.1M to Montenegro. The main products exported from Israel to Montenegro were Weapons Parts and Accessories ($4.54M), Metal Mountings ($2.47M), and Broadcasting Equipment ($945k). During the last 5 years the exports of Israel to Montenegro have increased at an annualized rate of 49.6%, from $1.35M in 2017 to $10.1M in 2022.

In 2017, Montenegro exported $615k to Israel. The main products exported from Montenegro to Israel were Frozen Vegetables ($293k), Electric Musical Instruments ($53.8k), and Chlorates and Perchlorates ($53.6k). During the last 5 years the exports of Montenegro to Israel have increased at an annualized rate of 22.9%, from $219k in 2022 to $615k in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Montenegro (Flag)

Montenegro Exports

Market Competitiveness

Color
Israel
Top DestinationUnited States$20.3B
Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Israel than Montenegro included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from Montenegro than Israel included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Albania ($21.9M).

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

Comparative Advantage Israel - Montenegro

Flow
Scale

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

During 2022, Israel had a large net trade with Montenegro in the exports of Weapons ($5.11M), Metals ($2.47M), and Machines ($1.61M).

During 2017, Montenegro had a large net trade with Israel in the exports of Vegetable Products ($294k), Instruments ($103k), and Machines ($67.8k).

Economic Complexity

Competitive Landscape

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

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

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