Montenegro (MNE) and Lithuania (LTU) Trade | The Observatory of Economic Complexity

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Montenegro-Lithuania Trade: In 2022, Montenegro exported $17.6k to Lithuania. The main products that Montenegro exported to Lithuania were Cars ($15.2k), Imitation Jewellery ($516), and Transmissions ($415). Over the past 5 years the exports of Montenegro to Lithuania have decreased at an annualized rate of 75.1%, from $18.5M in 2017 to $17.6k in 2022.

In 2022, Montenegro did not export any services to Lithuania.

Lithuania-Montenegro Trade: In 2022, Lithuania exported $2.69M to Montenegro. The main products that Lithuania exported to Montenegro were Other Edible Preparations ($756k), Malt Extract ($284k), and Processed Fish ($125k). Over the past 5 years the exports of Lithuania to Montenegro have increased at an annualized rate of 14.7%, from $1.35M in 2017 to $2.69M in 2022.

In 2022, Lithuania 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, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Montenegro exported $17.6k to Lithuania. The main products exported from Montenegro to Lithuania were Cars ($15.2k), Imitation Jewellery ($516), and Transmissions ($415). During the last 5 years the exports of Montenegro to Lithuania have decreased at an annualized rate of 75.1%, from $18.5M in 2017 to $17.6k in 2022.

In 2017, Lithuania exported $2.69M to Montenegro. The main products exported from Lithuania to Montenegro were Other Edible Preparations ($756k), Malt Extract ($284k), and Processed Fish ($125k). During the last 5 years the exports of Lithuania to Montenegro have increased at an annualized rate of 14.7%, from $1.35M in 2022 to $2.69M in 2017.

Exports from Montenegro () to Lithuania () (2022)

Exports from Lithuania () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Lithuania ()

Montenegro Exports

Date

Lithuania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Lithuania
Top DestinationLatvia$6.18B

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

In 2022, countries that imported more from Lithuania than Montenegro included Latvia ($6.18B), Poland ($3.91B), and Germany ($3.54B).

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

Comparative Advantage Montenegro - Lithuania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Lithuania in the exports of Transportation ($15.2k), Textiles ($842), and Machines ($575).

During 2017, Lithuania had a large net trade with Montenegro in the exports of Foodstuffs ($1.39M), Machines ($314k), and Animal Products ($177k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Lithuania () (2022)

Exports from Lithuania () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Lithuania ()

Montenegro Exports

Lithuania Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Lithuania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Montenegro () and Lithuania () (2022)

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