Montenegro (MNE) and Israel (ISR) Trade | The Observatory of Economic Complexity

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Montenegro-Israel Trade: In 2022, Montenegro exported $615k to Israel. The main products that Montenegro exported to Israel were Frozen Vegetables ($293k), Electric Musical Instruments ($53.8k), and Chlorates and Perchlorates ($53.6k). Over the past 5 years the exports of Montenegro to Israel have increased at an annualized rate of 22.9%, from $219k in 2017 to $615k in 2022.

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

Israel-Montenegro Trade: In 2022, Israel exported $10.1M to Montenegro. The main products that Israel exported to Montenegro were Weapons Parts and Accessories ($4.54M), Metal Mountings ($2.47M), and Broadcasting Equipment ($945k). Over the past 5 years the exports of Israel to Montenegro have increased at an annualized rate of 49.6%, from $1.35M in 2017 to $10.1M in 2022.

In 2010, Israel exported services to Montenegro worth $0, with being the largest in terms of value.

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Montenegro exported $615k to Israel. The main products exported from Montenegro to Israel were Frozen Vegetables ($293k), Electric Musical Instruments ($53.8k), and Chlorates and Perchlorates ($53.6k). During the last 5 years the exports of Montenegro to Israel have increased at an annualized rate of 22.9%, from $219k in 2017 to $615k in 2022.

In 2017, Israel exported $10.1M to Montenegro. The main products exported from Israel to Montenegro were Weapons Parts and Accessories ($4.54M), Metal Mountings ($2.47M), and Broadcasting Equipment ($945k). During the last 5 years the exports of Israel to Montenegro have increased at an annualized rate of 49.6%, from $1.35M in 2022 to $10.1M in 2017.

Exports from Montenegro () to Israel () (2022)

Exports from Israel () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Israel ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Israel
Top DestinationUnited States$20.3B

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

In 2022, countries that imported more from Montenegro than Israel included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Albania ($21.9M).

In 2022, countries that imported more from Israel than Montenegro included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

Comparative Advantage Montenegro - Israel

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Israel in the exports of Vegetable Products ($294k), Instruments ($103k), and Machines ($67.8k).

During 2017, Israel had a large net trade with Montenegro in the exports of Weapons ($5.11M), Metals ($2.47M), and Machines ($1.61M).

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

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Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Israel () (2022)

Exports from Israel () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Israel ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Israel

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

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Economic Complexity

Competitive Landscape

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

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