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2022
Flag → Flag
Exports $305Rnk 116 / 123
2022
Flag → Flag
Top Product $158Transmissions
2022
Flag → Flag
Exports $83.7kRnk 159 / 177
2022
Flag → Flag
Top Product $40.4kTrunks and Cases
2022
Flag
Economic Complexity (ECI) ECI 0.38Rnk 48 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Montenegro-Lebanon Trade: In 2022, Montenegro exported $305 to Lebanon. The main products that Montenegro exported to Lebanon were Transmissions ($158), Motor vehicles; parts and accessories (8701 to 8705) ($92), and Engine Parts ($55). 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.

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.

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $305 to Lebanon. The main products exported from Montenegro to Lebanon were Transmissions ($158), Motor vehicles; parts and accessories (8701 to 8705) ($92), and Engine Parts ($55). During the last 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 2017, 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 2022 to $83.7k in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Lebanon (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Lebanon
Top DestinationUnited Arab Emirates$956M

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

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

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

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

Comparative Advantage Montenegro - Lebanon

Flow
Scale

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

During 2022, Montenegro had a large net trade with Lebanon in the exports of Machines ($213) and Transportation ($92).

During 2017, Lebanon had a large net trade with Montenegro in the exports of Animal Hides ($43.6k), Foodstuffs ($26k), and Stone And Glass ($7.46k).

Economic Complexity

Competitive Landscape

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

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

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