2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 195
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 
$6,173CURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP PC GROWTH
-48.4%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

In N/A, Libya did not export any services to Montenegro.

Montenegro-Libya Trade: In N/A, Montenegro exported $65.7k to Libya. The main products that Montenegro exported to Libya were Other Iron Products ($43.2k), House Linens ($14.4k), and Stone Processing Machines ($4.63k). Over the past N/A years the exports of Montenegro to Libya have decreased at an annualized rate of 5.6%,  from $87.6k in N/A to $65.7k in N/A.

In N/A, Montenegro did not export any services to Libya.

Comparison In 2023,  Libya ranked 102 in the Economic Complexity Index (ECI -0.84),  and 67 in total exports ($35.4B). That same year, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Libya does not register exports to Montenegro.

In 2018, Montenegro exported $65.7k to Libya. The main products exported from Montenegro to Libya were Other Iron Products ($43.2k), House Linens ($14.4k), and Stone Processing Machines ($4.63k). During the last 5 years the exports of Montenegro to Libya have decreased at an annualized rate of 5.6%, from $87.6k in 2023 to $65.7k in 2018.

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

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

Latest Data

Trade between Libya (Flag) and Montenegro (Flag)

Montenegro Exports

Market Competitiveness

Color
Libya
Top Destination
Italy$7.96B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Libya than Montenegro included Italy ($7.96B), Germany ($5.16B), and Spain ($3.08B).

In 2023, countries that imported more from Montenegro than Libya included Slovenia ($77.9M), Bosnia and Herzegovina ($67.5M), and Serbia ($202M).

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

Comparative Advantage Libya - Montenegro

Flow
Scale

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

During 2018, Montenegro had a large net trade with Libya in the exports of Metals ($43.2k), Textiles ($14.4k), and Machines ($4.63k).

Economic Complexity

Competitive Landscape

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

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

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