Lebanon (LBN) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Lebanon-Montenegro Trade: In 2022, Lebanon exported $83.7k to Montenegro. The main products that Lebanon exported to Montenegro were Trunks and Cases ($40.4k), Flavored Water ($24.6k), and Interior Decorative Glassware ($4.87k). Over the past 5 years the exports of Lebanon to Montenegro have decreased at an annualized rate of 7.94%, from $127k in 2017 to $83.7k in 2022.

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

Montenegro-Lebanon Trade: In 2022, Montenegro exported $305 to Lebanon. The main products that Montenegro exported to Lebanon were Transmissions ($158), Motor vehicles; parts and accessories (8701 to 8705) ($92), and Engine Parts ($55). Over the past 5 years the exports of Montenegro to Lebanon have decreased at an annualized rate of 21.2%, from $1.01k in 2017 to $305 in 2022.

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

Comparison In 2022, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B). 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, Lebanon exported $83.7k to Montenegro. The main products exported from Lebanon to Montenegro were Trunks and Cases ($40.4k), Flavored Water ($24.6k), and Interior Decorative Glassware ($4.87k). During the last 5 years the exports of Lebanon to Montenegro have decreased at an annualized rate of 7.94%, from $127k in 2017 to $83.7k in 2022.

In 2017, Montenegro exported $305 to Lebanon. The main products exported from Montenegro to Lebanon were Transmissions ($158), Motor vehicles; parts and accessories (8701 to 8705) ($92), and Engine Parts ($55). During the last 5 years the exports of Montenegro to Lebanon have decreased at an annualized rate of 21.2%, from $1.01k in 2022 to $305 in 2017.

Exports from Lebanon () to Montenegro () (2022)

Exports from Montenegro () to Lebanon () (2022)

Latest Data

Trade between Lebanon () and Montenegro ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lebanon
Top DestinationUnited Arab Emirates$956M

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Lebanon than Montenegro included United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

In 2022, countries that imported more from Montenegro than Lebanon included South Korea ($321M), Serbia ($159M), and Bosnia and Herzegovina ($95.5M).

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

Comparative Advantage Lebanon - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lebanon had a large net trade with Montenegro in the exports of Animal Hides ($43.6k), Foodstuffs ($26k), and Stone And Glass ($7.46k).

During 2017, Montenegro had a large net trade with Lebanon in the exports of Machines ($213) and Transportation ($92).

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

About

Historical Data

Bilateral Trade by Products

Exports from Lebanon () to Montenegro () (2022)

Exports from Montenegro () to Lebanon () (2022)

Latest Data

Trade between Lebanon () and Montenegro ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Lebanon - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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