Montenegro (MNE) and Laos (LAO) Trade | The Observatory of Economic Complexity

About

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

Laos-Montenegro Trade: In N/A, Laos exported $89.5k to Montenegro. The main products that Laos exported to Montenegro were Refined Petroleum ($47.9k), Leather Footwear ($12.2k), and Rubber Footwear ($11.1k). Over the past N/A years the exports of Laos to Montenegro have increased at an annualized rate of 24.4%, from $30k in N/A to $89.5k in N/A.

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

Comparison In 2023, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Montenegro does not register exports to Laos. The main products exported from Montenegro to Laos were Hard Liquor ($40.4k) and Knit T-shirts ($276).

In 2018, Laos exported $89.5k to Montenegro. The main products exported from Laos to Montenegro were Refined Petroleum ($47.9k), Leather Footwear ($12.2k), and Rubber Footwear ($11.1k). During the last 5 years the exports of Laos to Montenegro have increased at an annualized rate of 24.4%, from $30k in 2023 to $89.5k in 2018.

Exports from Montenegro () to Laos () (2023)

Exports from Laos () to Montenegro () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationItaly$576M

Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Montenegro than Laos included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

In 2023, countries that imported more from Laos than Montenegro included China ($3.41B), Thailand ($2.99B), and Australia ($367M).

Difference in imports from Laos () and Montenegro () (2023)

Comparative Advantage Montenegro - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Laos had a large net trade with Montenegro in the exports of Mineral Products ($47.9k), Footwear and Headwear ($23.7k), and Textiles ($17.7k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Laos () (2023)

Exports from Laos () to Montenegro () (2023)

Market Competitiveness

Difference in imports from Laos () and Montenegro () (2023)

Comparative Advantage Montenegro - Laos

Economic Complexity

Competitive Landscape

Product Space of Montenegro () and Laos () (2023)

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