Montenegro (MNE) and Libya (LBY) Trade | The Observatory of Economic Complexity

Montenegro-Libya Trade: In 2021, Montenegro exported $3.59M to Libya. The main products that Montenegro exported to Libya were N/A. Over the past 6 years the exports of Montenegro to Libya have decreased at an annualized rate of 7.73%, from $5.81M in 2015 to $3.59M in 2021.

In 2021, Montenegro did not export any services to Libya.

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

In 2021, Libya 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, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Latest Data

Trade between Montenegro () and Libya ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Libya
Top DestinationItaly$9.26B

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

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

In 2022, countries that imported more from Libya than Montenegro included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

Difference in imports from Libya () and Montenegro () (2022)

Economic Complexity

Competitive Landscape

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

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