NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $417kRnk 51 / 130
2023
Flag → Flag
Top Product $254kHard Liquor
2023
Flag → Flag
Exports $3.55MRnk 123 / 196
2023
Flag → Flag
Top Product $523kOther Measuring Instruments
2023
Flag
Economic Complexity (ECI) ECI 0.85Rnk 32 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
Flag
GDP GROWTH72.3%CURRENT US$
Rnk 39 / 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$27,786CURRENT US$
Rnk 49 / 196
2013-2023
Flag
GDP PC GROWTH77.5%CURRENT US$
Rnk 18 / 195

About

Montenegro-Lithuania Trade: In 2023, Montenegro exported $417k to Lithuania. The main products that Montenegro exported to Lithuania were Hard Liquor ($254k), Precious Metal Scraps ($74.9k), and Wine ($40.9k). Over the past 5 years the exports of Montenegro to Lithuania have increased at an annualized rate of 29.6%, from $114k in 2018 to $417k in 2023.

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

Lithuania-Montenegro Trade: In 2023, Lithuania exported $3.55M to Montenegro. The main products that Lithuania exported to Montenegro were Other Measuring Instruments ($523k), Other Edible Preparations ($322k), and Dried/Salted/Smoked/Brined Fish ($275k). Over the past 5 years the exports of Lithuania to Montenegro have increased at an annualized rate of 12.7%,  from $1.95M in 2018 to $3.55M in 2023.

In 2023, Lithuania 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, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $417k to Lithuania. The main products exported from Montenegro to Lithuania were Hard Liquor ($254k), Precious Metal Scraps ($74.9k), and Wine ($40.9k). During the last 5 years the exports of Montenegro to Lithuania have increased at an annualized rate of 29.6%, from $114k in 2018 to $417k in 2023.

In 2018, Lithuania exported $3.55M to Montenegro. The main products exported from Lithuania to Montenegro were Other Measuring Instruments ($523k), Other Edible Preparations ($322k), and Dried/Salted/Smoked/Brined Fish ($275k). During the last 5 years the exports of Lithuania to Montenegro have increased at an annualized rate of 12.7%, from $1.95M in 2023 to $3.55M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Lithuania (Flag)

Montenegro Exports

Lithuania Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Lithuania
Top DestinationLatvia$4.44B

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

In 2023, countries that imported more from Montenegro than Lithuania included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and Albania ($25.3M).

In 2023, countries that imported more from Lithuania than Montenegro included Latvia ($4.44B), Poland ($3.37B), and Germany ($2.83B).

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

Comparative Advantage Montenegro - Lithuania

Flow
Scale

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

During 2023, Montenegro had a large net trade with Lithuania in the exports of Foodstuffs ($295k), Precious Metals ($76k), and Transportation ($23.9k).

During 2018, Lithuania had a large net trade with Montenegro in the exports of Foodstuffs ($608k), Transportation ($569k), and Machines ($555k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms