Saudi Arabia (SAU) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Montenegro Trade: In 2022, Saudi Arabia exported $846k to Montenegro. The main products that Saudi Arabia exported to Montenegro were Refined Petroleum ($444k), Raw Plastic Sheeting ($233k), and Polyacetals ($96.7k). Over the past 5 years the exports of Saudi Arabia to Montenegro have increased at an annualized rate of 149%, from $8.93k in 2017 to $846k in 2022.

In 2022, Saudi Arabia did not export any services to Montenegro.

Montenegro-Saudi Arabia Trade: In 2022, Montenegro exported $359k to Saudi Arabia. The main products that Montenegro exported to Saudi Arabia were Baked Goods ($328k), Non-Knit Women's Suits ($5.94k), and Knit Women's Suits ($5.3k). Over the past 5 years the exports of Montenegro to Saudi Arabia have decreased at an annualized rate of 6.61%, from $506k in 2017 to $359k in 2022.

In 2022, Montenegro did not export any services to Saudi Arabia.

Comparison In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $846k to Montenegro. The main products exported from Saudi Arabia to Montenegro were Refined Petroleum ($444k), Raw Plastic Sheeting ($233k), and Polyacetals ($96.7k). During the last 5 years the exports of Saudi Arabia to Montenegro have increased at an annualized rate of 149%, from $8.93k in 2017 to $846k in 2022.

In 2017, Montenegro exported $359k to Saudi Arabia. The main products exported from Montenegro to Saudi Arabia were Baked Goods ($328k), Non-Knit Women's Suits ($5.94k), and Knit Women's Suits ($5.3k). During the last 5 years the exports of Montenegro to Saudi Arabia have decreased at an annualized rate of 6.61%, from $506k in 2022 to $359k in 2017.

Exports from Saudi Arabia () to Montenegro () (2022)

Exports from Montenegro () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Montenegro ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Saudi Arabia than Montenegro included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Montenegro than Saudi Arabia included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

Difference in imports from Montenegro () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Montenegro in the exports of Mineral Products ($444k), Plastics and Rubbers ($364k), and Vegetable Products ($37.9k).

During 2017, Montenegro had a large net trade with Saudi Arabia in the exports of Foodstuffs ($329k), Textiles ($20.3k), and Footwear and Headwear ($4k).

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 Saudi Arabia and Montenegro. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Montenegro. Similarly, a dot/product with the flag of Montenegro indicates it has a comparative advantage over Saudi Arabia.

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Montenegro () (2022)

Exports from Montenegro () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Montenegro ()

Montenegro Exports

Market Competitiveness

Difference in imports from Montenegro () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Montenegro () (2022)

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