2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

Lebanon-Montenegro Trade: In 2022, Lebanon exported $83.7k to Montenegro. The main products that Lebanon exported to Montenegro were Trunks and Cases ($40.4k), Flavored Water ($24.6k), and Interior Decorative Glassware ($4.87k). Over the past 5 years the exports of Lebanon to Montenegro have decreased at an annualized rate of 7.94%, from $127k in 2017 to $83.7k in 2022.

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

Montenegro-Lebanon Trade: In 2022, Montenegro exported $305 to Lebanon. The main products that Montenegro exported to Lebanon were N/A. Over the past 5 years the exports of Montenegro to Lebanon have decreased at an annualized rate of 21.2%,  from $1.01k in 2017 to $305 in 2022.

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

Comparison In 2022,  Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38),  and 129 in total exports ($4.41B). 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, Lebanon exported $83.7k to Montenegro. The main products exported from Lebanon to Montenegro were Trunks and Cases ($40.4k), Flavored Water ($24.6k), and Interior Decorative Glassware ($4.87k). During the last 5 years the exports of Lebanon to Montenegro have decreased at an annualized rate of 7.94%, from $127k in 2017 to $83.7k in 2022.

In 2017, Montenegro exported $305 to Lebanon. There were not main exports from Montenegro to Lebanon in 2017. During the last 5 years the exports of Montenegro to Lebanon have decreased at an annualized rate of 21.2%, from $1.01k in 2022 to $305 in 2017.

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

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

Latest Data

Trade between Lebanon (Flag) and Montenegro (Flag)

Montenegro Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$956M
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Lebanon than Montenegro included United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

In 2022, countries that imported more from Montenegro than Lebanon included South Korea ($321M), Serbia ($159M), and Bosnia and Herzegovina ($95.5M).

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

Comparative Advantage Lebanon - Montenegro

Flow
Scale

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

During 2022, Lebanon had a large net trade with Montenegro in the exports of Animal Hides ($43.6k), Foodstuffs ($26k), and Stone And Glass ($7.46k).

During 2017, Montenegro had a large net trade with Lebanon in the exports of Machines ($213) and Transportation ($92).

Economic Complexity

Competitive Landscape

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

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

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