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2022
Flag → Flag
Exports $8.56MRnk 170 / 219
2022
Flag → Flag
Top Product $6.69MRolled Tobacco
2022
Flag → Flag
Exports $8.52MRnk 24 / 123
2022
Flag → Flag
Top Product $3.73MWashing and Bottling Machines
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
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GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
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GDP PC$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

United Arab Emirates-Montenegro Trade: In 2022, United Arab Emirates exported $8.56M to Montenegro. The main products that United Arab Emirates exported to Montenegro were Rolled Tobacco ($6.69M), Iron Fasteners ($283k), and Eyewear ($135k). Over the past 5 years the exports of United Arab Emirates to Montenegro have increased at an annualized rate of 18.1%, from $3.72M in 2017 to $8.56M in 2022.

In 2022, United Arab Emirates did not export any services to Montenegro.

Montenegro-United Arab Emirates Trade: In 2022, Montenegro exported $8.52M to United Arab Emirates. The main products that Montenegro exported to United Arab Emirates were Washing and Bottling Machines ($3.73M), Tobacco Processing Machines ($2.55M), and Shaped Paper ($525k). Over the past 5 years the exports of Montenegro to United Arab Emirates have increased at an annualized rate of 23.8%,  from $2.92M in 2017 to $8.52M in 2022.

In 2022, Montenegro did not export any services to United Arab Emirates.

Comparison In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24),  and 18 in total exports ($402B). 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
Value

In 2022, United Arab Emirates exported $8.56M to Montenegro. The main products exported from United Arab Emirates to Montenegro were Rolled Tobacco ($6.69M), Iron Fasteners ($283k), and Eyewear ($135k). During the last 5 years the exports of United Arab Emirates to Montenegro have increased at an annualized rate of 18.1%, from $3.72M in 2017 to $8.56M in 2022.

In 2017, Montenegro exported $8.52M to United Arab Emirates. The main products exported from Montenegro to United Arab Emirates were Washing and Bottling Machines ($3.73M), Tobacco Processing Machines ($2.55M), and Shaped Paper ($525k). During the last 5 years the exports of Montenegro to United Arab Emirates have increased at an annualized rate of 23.8%, from $2.92M in 2022 to $8.52M in 2017.

Exports from United Arab Emirates (Flag) to Montenegro (Flag) (2022)

Exports from Montenegro (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Montenegro (Flag)

United Arab Emirates Exports

Montenegro Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from United Arab Emirates than Montenegro included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Montenegro than United Arab Emirates included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and San Marino ($2.1M).

Difference in imports from Montenegro (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Montenegro

Flow
Scale

This chart compares trade between United Arab Emirates and Montenegro by product, considering products traded by both, United Arab Emirates and Montenegro.

During 2022, United Arab Emirates had a large net trade with Montenegro in the exports of Foodstuffs ($6.7M), Machines ($582k), and Metals ($407k).

During 2017, Montenegro had a large net trade with United Arab Emirates in the exports of Machines ($6.48M), Paper Goods ($822k), and Chemical Products ($417k).

Economic Complexity

Competitive Landscape

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

Product Space of United Arab Emirates (Flag) and Montenegro (Flag) (2022)

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