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2023
Flag → Flag
Exports $6MRnk 24 / 130
2023
Flag → Flag
Top Product $5.76MHard Liquor
2023
Flag → Flag
Exports $2.6MRnk 113 / 150
2023
Flag → Flag
Top Product $450kOther Cloth Articles
2023
Flag
Economic Complexity (ECI) ECI 1.28Rnk 19 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC $12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH42.5%CURRENT US$
Rnk 56 / 195

About

Montenegro-Israel Trade: In 2023, Montenegro exported $6M to Israel. The main products that Montenegro exported to Israel were Hard Liquor ($5.76M), Other Plastic Products ($68.4k), and Microphones and Headphones ($21.7k). Over the past 5 years the exports of Montenegro to Israel have increased at an annualized rate of 115%, from $131k in 2018 to $6M in 2023.

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

Israel-Montenegro Trade: In 2023, Israel exported $2.6M to Montenegro. The main products that Israel exported to Montenegro were Other Cloth Articles ($450k), Tropical Fruits ($285k), and Binoculars and Telescopes ($227k). Over the past 5 years the exports of Israel to Montenegro have increased at an annualized rate of 11.4%,  from $1.51M in 2018 to $2.6M in 2023.

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

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $6M to Israel. The main products exported from Montenegro to Israel were Hard Liquor ($5.76M), Other Plastic Products ($68.4k), and Microphones and Headphones ($21.7k). During the last 5 years the exports of Montenegro to Israel have increased at an annualized rate of 115%, from $131k in 2018 to $6M in 2023.

In 2018, Israel exported $2.6M to Montenegro. The main products exported from Israel to Montenegro were Other Cloth Articles ($450k), Tropical Fruits ($285k), and Binoculars and Telescopes ($227k). During the last 5 years the exports of Israel to Montenegro have increased at an annualized rate of 11.4%, from $1.51M in 2023 to $2.6M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Israel (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Israel
Top DestinationUnited States$20.3B

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

In 2023, countries that imported more from Montenegro than Israel included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and North Macedonia ($17.3M).

In 2023, countries that imported more from Israel than Montenegro included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Montenegro - Israel

Flow
Scale

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

During 2023, Montenegro had a large net trade with Israel in the exports of Foodstuffs ($5.76M), Machines ($78.6k), and Plastics and Rubbers ($68.4k).

During 2018, Israel had a large net trade with Montenegro in the exports of Instruments ($670k), Textiles ($462k), and Machines ($428k).

Economic Complexity

Competitive Landscape

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

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

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