Montenegro (MNE) and Morocco (MAR) Trade | The Observatory of Economic Complexity

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Montenegro-Morocco Trade: In 2022, Montenegro exported $13.3k to Morocco. The main products that Montenegro exported to Morocco were Video Displays ($4.13k), Gas and Liquid Flow Measuring Instruments ($3.23k), and Insulated Wire ($2.46k). Over the past 5 years the exports of Montenegro to Morocco have increased at an annualized rate of 27.6%, from $3.94k in 2017 to $13.3k in 2022.

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

Morocco-Montenegro Trade: In 2022, Morocco exported $1.7M to Montenegro. The main products that Morocco exported to Montenegro were Raw Sugar ($651k), Molluscs ($202k), and Cars ($174k). Over the past 5 years the exports of Morocco to Montenegro have decreased at an annualized rate of 6.91%, from $2.44M in 2017 to $1.7M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Montenegro exported $13.3k to Morocco. The main products exported from Montenegro to Morocco were Video Displays ($4.13k), Gas and Liquid Flow Measuring Instruments ($3.23k), and Insulated Wire ($2.46k). During the last 5 years the exports of Montenegro to Morocco have increased at an annualized rate of 27.6%, from $3.94k in 2017 to $13.3k in 2022.

In 2017, Morocco exported $1.7M to Montenegro. The main products exported from Morocco to Montenegro were Raw Sugar ($651k), Molluscs ($202k), and Cars ($174k). During the last 5 years the exports of Morocco to Montenegro have decreased at an annualized rate of 6.91%, from $2.44M in 2022 to $1.7M in 2017.

Exports from Montenegro () to Morocco () (2022)

Exports from Morocco () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Morocco ()

Montenegro Exports

Date

Morocco Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Morocco
Top DestinationSpain$8.55B

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

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

In 2022, countries that imported more from Morocco than Montenegro included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Montenegro - Morocco

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Morocco in the exports of Machines ($9.59k), Instruments ($3.5k), and Vegetable Products ($94).

During 2017, Morocco had a large net trade with Montenegro in the exports of Foodstuffs ($702k), Textiles ($319k), and Animal Products ($289k).

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 Morocco. This means that a dot/product with the flag of Montenegro indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over Montenegro.

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Morocco () (2022)

Exports from Morocco () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Morocco ()

Montenegro Exports

Morocco Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Morocco

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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