2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC 
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

Oman-Montenegro Trade: In 2022, Oman exported $533k to Montenegro. The main products that Oman exported to Montenegro were Polyacetals ($532k) and Perfumes ($768). Over the past 5 years the exports of Oman to Montenegro have increased at an annualized rate of 79.8%, from $28.4k in 2017 to $533k in 2022.

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

Montenegro-Oman In N/A, Montenegro did not export any products to Oman.

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

Comparison In 2022,  Oman ranked 75 in the Economic Complexity Index (ECI -0.19),  and 50 in total exports ($76.4B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $533k to Montenegro. The main products exported from Oman to Montenegro were Polyacetals ($532k) and Perfumes ($768). During the last 5 years the exports of Oman to Montenegro have increased at an annualized rate of 79.8%, from $28.4k in 2017 to $533k in 2022.

Montenegro does not register exports to Oman. The main products exported from Montenegro to Oman were Frozen Vegetables ($108k), Apples and Pears ($52.1k), and Video Recording Equipment ($4.06k).

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

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

Latest Data

Trade between Oman (Flag) and Montenegro (Flag)

Montenegro Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Oman than Montenegro included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2022, countries that imported more from Montenegro than Oman included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Switzerland ($116M).

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

Comparative Advantage Oman - Montenegro

Flow
Scale

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

During 2022, Oman had a large net trade with Montenegro in the exports of Plastics and Rubbers ($532k) and Chemical Products ($768).

Economic Complexity

Competitive Landscape

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

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

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