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2023
Flag → Flag
Exports $274kRnk 54 / 130
2023
Flag → Flag
Top Product $134kPackaged Medicaments
2023
Flag → Flag
Exports $163kRnk 166 / 182
2023
Flag → Flag
Top Product $91.4kRaw Plastic Sheeting
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 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$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Montenegro-Saudi Arabia Trade: In 2023, Montenegro exported $274k to Saudi Arabia. The main products that Montenegro exported to Saudi Arabia were Packaged Medicaments ($134k), Cars ($51.9k), and Sawn Wood ($16.7k). Over the past 5 years the exports of Montenegro to Saudi Arabia have increased at an annualized rate of 39.5%, from $51.8k in 2018 to $274k in 2023.

In 2023, Montenegro did not export any services to Saudi Arabia.

Saudi Arabia-Montenegro Trade: In 2023, Saudi Arabia exported $163k to Montenegro. The main products that Saudi Arabia exported to Montenegro were Raw Plastic Sheeting ($91.4k), Tropical Fruits ($42.4k), and Brochures ($20.3k). Over the past 5 years the exports of Saudi Arabia to Montenegro have increased at an annualized rate of 3.19%,  from $139k in 2018 to $163k in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $274k to Saudi Arabia. The main products exported from Montenegro to Saudi Arabia were Packaged Medicaments ($134k), Cars ($51.9k), and Sawn Wood ($16.7k). During the last 5 years the exports of Montenegro to Saudi Arabia have increased at an annualized rate of 39.5%, from $51.8k in 2018 to $274k in 2023.

In 2018, Saudi Arabia exported $163k to Montenegro. The main products exported from Saudi Arabia to Montenegro were Raw Plastic Sheeting ($91.4k), Tropical Fruits ($42.4k), and Brochures ($20.3k). During the last 5 years the exports of Saudi Arabia to Montenegro have increased at an annualized rate of 3.19%, from $139k in 2023 to $163k in 2018.

Exports from Montenegro (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Montenegro (Flag) (2023)

Latest Data

Trade between Montenegro (Flag) and Saudi Arabia (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Montenegro than Saudi Arabia included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and Luxembourg ($30.4M).

In 2023, countries that imported more from Saudi Arabia than Montenegro included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Montenegro (Flag) (2023)

Comparative Advantage Montenegro - Saudi Arabia

Flow
Scale

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

During 2023, Montenegro had a large net trade with Saudi Arabia in the exports of Chemical Products ($134k), Transportation ($52.4k), and Textiles ($28.7k).

During 2018, Saudi Arabia had a large net trade with Montenegro in the exports of Plastics and Rubbers ($92.3k), Vegetable Products ($42.4k), and Paper Goods ($20.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Saudi Arabia (Flag) (2023)

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