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2023
Flag → Flag
Exports $1.03MRnk 38 / 130
2023
Flag → Flag
Top Product $841kRaw Aluminium
2023
Flag → Flag
Exports $3.68MRnk 112 / 171
2023
Flag → Flag
Top Product $3.62MRaw Aluminium
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 138 / 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$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH-8.13%CURRENT US$
Rnk 164 / 195

About

Montenegro-Oman Trade: In 2023, Montenegro exported $1.03M to Oman. The main products that Montenegro exported to Oman were Raw Aluminium ($841k), Apples and Pears ($193k), and Trunks and Cases ($538). Over the past 8 years the exports of Montenegro to Oman have increased at an annualized rate of 119%, from $1.97k in 2015 to $1.03M in 2023.

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

Oman-Montenegro Trade: In 2023, Oman exported $3.68M to Montenegro. The main products that Oman exported to Montenegro were Raw Aluminium ($3.62M), Crustaceans ($27.2k), and Perfumes ($18.1k). Over the past 8 years the exports of Oman to Montenegro have increased at an annualized rate of 244%,  from $7.64k in 2015 to $3.68M in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $1.03M to Oman. The main products exported from Montenegro to Oman were Raw Aluminium ($841k), Apples and Pears ($193k), and Trunks and Cases ($538). During the last 8 years the exports of Montenegro to Oman have increased at an annualized rate of 119%, from $1.97k in 2015 to $1.03M in 2023.

In 2018, Oman exported $3.68M to Montenegro. The main products exported from Oman to Montenegro were Raw Aluminium ($3.62M), Crustaceans ($27.2k), and Perfumes ($18.1k). During the last 5 years the exports of Oman to Montenegro have increased at an annualized rate of 244%, from $7.64k in 2023 to $3.68M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Oman (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Montenegro than Oman included Italy ($576M), Serbia ($202M), and Bosnia and Herzegovina ($67.5M).

In 2023, countries that imported more from Oman than Montenegro included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage Montenegro - Oman

Flow
Scale

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

During 2023, Montenegro had a large net trade with Oman in the exports of Metals ($841k), Vegetable Products ($193k), and Animal Hides ($538).

During 2018, Oman had a large net trade with Montenegro in the exports of Metals ($3.62M), Animal Products ($27.2k), and Chemical Products ($18.2k).

Economic Complexity

Competitive Landscape

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

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

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