Benin (BEN) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Benin-Montenegro Trade: In 2022, Benin exported $58 to Montenegro. The main products that Benin exported to Montenegro were Audio Alarms ($58). Over the past 6 years the exports of Benin to Montenegro have decreased at an annualized rate of 41.1%, from $1.39k in 2016 to $58 in 2022.

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

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

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

Comparison In 2022, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $58 to Montenegro. The main products exported from Benin to Montenegro were Audio Alarms ($58). During the last 6 years the exports of Benin to Montenegro have decreased at an annualized rate of 41.1%, from $1.39k in 2016 to $58 in 2022.

Montenegro does not register exports to Benin.

Exports from Benin () to Montenegro () (2022)

Exports from Montenegro () to Benin () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Benin than Montenegro included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

In 2022, countries that imported more from Montenegro than Benin included South Korea ($321M), Serbia ($159M), and Italy ($125M).

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

Comparative Advantage Benin - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Montenegro in the exports of Machines ($58).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Montenegro () (2022)

Exports from Montenegro () to Benin () (2022)

Market Competitiveness

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

Comparative Advantage Benin - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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