Montenegro (MNE) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Montenegro-Netherlands In 2022, Montenegro exported $5.43M to Netherlands. The main products that Montenegro exported to Netherlands are Other Engines ($969k), Delivery Trucks ($642k), and Cars ($601k). During the last 16 years the exports of Montenegro to Netherlands have decreased at an annualized rate of 15.7%, from $83.1M in 2006 to $5.43M in 2022.

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

Netherlands-Montenegro 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). During the last 16 years the exports of Netherlands to Montenegro have decreased at an annualized rate of 7.49%, from $232M in 2006 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 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 16 years the exports of Montenegro to Netherlands have decreased at an annualized rate of 15.7%, from $83.1M in 2006 to $5.43M in 2022.

In 2022, 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 16 years the exports of Netherlands to Montenegro have decreased at an annualized rate of 7.49%, from $232M in 2006 to $66.7M in 2022.

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

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

Latest Data

Trade between Montenegro () and Netherlands ()

Montenegro Exports

Date

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 2019, no countries were registered that imported more from Montenegro than from Netherlands.

In 2021, countries that imported more from Netherlands than Montenegro were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Montenegro - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2022, Netherlands had a large net trade with Montenegro in the exports of Animal Products ($21.1M), Chemical Products ($12.4M), and Machines ($8.81M).

Service Trade

Bilateral Service Trade

Nld Year

2009

2008

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

Service trade data is presented based on availability.

Services Exports from Netherlands () to Montenegro () (2009)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Montenegro has comparative advantage over Netherlands. Similarly, the more yellow a dot/product is, the more Netherlands has comparative advantage over Montenegro.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Montenegro () and Netherlands ()

Montenegro Exports

Netherlands Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Netherlands

Service Trade

Bilateral Service Trade

Services Exports from Netherlands () to Montenegro () (2009)

Economic Complexity

Competitive Landscape

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

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