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

About

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.

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.

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $359k in 2022.

In 2017, 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 2022 to $846k in 2017.

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

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

Latest Data

Trade between Montenegro () and Saudi Arabia ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Saudi Arabia
Top DestinationChina$68B

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

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

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

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

Comparative Advantage Montenegro - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Saudi Arabia in the exports of Foodstuffs ($329k), Textiles ($20.3k), and Footwear and Headwear ($4k).

During 2017, 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).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Montenegro () and Saudi Arabia ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Saudi Arabia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring