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2022
Flag → Flag
Exports $5.43MRnk 28 / 123
2022
Flag → Flag
Top Product $969kOther Engines
2022
Flag → Flag
Exports $66.7MRnk 133 / 224
2022
Flag → Flag
Top Product $10MBovine Meat
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Montenegro-Netherlands Trade: In 2022, Montenegro exported $5.43M to Netherlands. The main products that Montenegro exported to Netherlands were Other Engines ($969k), Delivery Trucks ($642k), and Cars ($601k). Over the past 5 years the exports of Montenegro to Netherlands have decreased at an annualized rate of 15.6%, from $12.7M in 2017 to $5.43M in 2022.

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

Netherlands-Montenegro Trade: In 2022, Netherlands exported $66.7M to Montenegro. The main products that Netherlands exported to Montenegro were Bovine Meat ($10M), Pig Meat ($8.57M), and Vaccines, blood, antisera, toxins and cultures ($5.07M). Over the past 5 years the exports of Netherlands to Montenegro have increased at an annualized rate of 6.29%,  from $49.2M in 2017 to $66.7M in 2022.

In 2009, Netherlands exported services to Montenegro worth $12.4M, with Services not allocated ($12.4M) being the largest in terms of value.

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $5.43M to Netherlands. The main products exported from Montenegro to Netherlands were Other Engines ($969k), Delivery Trucks ($642k), and Cars ($601k). During the last 5 years the exports of Montenegro to Netherlands have decreased at an annualized rate of 15.6%, from $12.7M in 2017 to $5.43M in 2022.

In 2017, Netherlands exported $66.7M to Montenegro. The main products exported from Netherlands to Montenegro were Bovine Meat ($10M), Pig Meat ($8.57M), and Vaccines, blood, antisera, toxins and cultures ($5.07M). During the last 5 years the exports of Netherlands to Montenegro have increased at an annualized rate of 6.29%, from $49.2M in 2022 to $66.7M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Netherlands (Flag)

Montenegro Exports

Netherlands Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Netherlands
Top DestinationGermany$131B

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

In 2022, no countries were registered that imported more from Montenegro than from Netherlands.

In 2022, countries that imported more from Netherlands than Montenegro included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Montenegro - Netherlands

Flow
Scale

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

During 2022, Montenegro had a large net trade with Netherlands in the exports of Machines ($2.06M), Transportation ($1.32M), and Instruments ($985k).

During 2017, Netherlands had a large net trade with Montenegro in the exports of Animal Products ($21.1M), Chemical Products ($12.4M), and Machines ($8.81M).

Economic Complexity

Competitive Landscape

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

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

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