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2023
Flag → Flag
Exports $56.5MRnk 126 / 216
2023
Flag → Flag
Top Product $52.5MRaw Aluminium
2023
Flag → Flag
Exports $2.83MRnk 30 / 130
2023
Flag → Flag
Top Product $1.55MOther Paper Machinery
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
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 GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
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GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
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GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$12,221CURRENT US$
Rnk 83 / 196
2013-2023
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GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195

About

United Arab Emirates-Montenegro Trade: In 2023, United Arab Emirates exported $56.5M to Montenegro. The main products that United Arab Emirates exported to Montenegro were Raw Aluminium ($52.5M), Glass Bottles ($1.54M), and Liquid Pumps ($732k). Over the past 5 years the exports of United Arab Emirates to Montenegro have increased at an annualized rate of 17%, from $25.8M in 2018 to $56.5M in 2023.

In 2023, United Arab Emirates did not export any services to Montenegro.

Montenegro-United Arab Emirates Trade: In 2023, Montenegro exported $2.83M to United Arab Emirates. The main products that Montenegro exported to United Arab Emirates were Other Paper Machinery ($1.55M), Hard Liquor ($566k), and Sawn Wood ($355k). Over the past 5 years the exports of Montenegro to United Arab Emirates have increased at an annualized rate of 6.51%,  from $2.07M in 2018 to $2.83M in 2023.

In 2023, Montenegro did not export any services to United Arab Emirates.

Comparison In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15),  and 21 in total exports ($357B). That same year, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $56.5M to Montenegro. The main products exported from United Arab Emirates to Montenegro were Raw Aluminium ($52.5M), Glass Bottles ($1.54M), and Liquid Pumps ($732k). During the last 5 years the exports of United Arab Emirates to Montenegro have increased at an annualized rate of 17%, from $25.8M in 2018 to $56.5M in 2023.

In 2018, Montenegro exported $2.83M to United Arab Emirates. The main products exported from Montenegro to United Arab Emirates were Other Paper Machinery ($1.55M), Hard Liquor ($566k), and Sawn Wood ($355k). During the last 5 years the exports of Montenegro to United Arab Emirates have increased at an annualized rate of 6.51%, from $2.07M in 2023 to $2.83M in 2018.

Exports from United Arab Emirates (Flag) to Montenegro (Flag) (2023)

Exports from Montenegro (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

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

United Arab Emirates Exports

Montenegro Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Montenegro
Top DestinationItaly$576M

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 2023, countries that imported more from United Arab Emirates than Montenegro included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Montenegro than United Arab Emirates included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and North Macedonia ($17.3M).

Difference in imports from Montenegro (Flag) and United Arab Emirates (Flag) (2023)

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 2023, United Arab Emirates had a large net trade with Montenegro in the exports of Metals ($52.6M), Stone And Glass ($1.78M), and Machines ($1.02M).

During 2018, Montenegro had a large net trade with United Arab Emirates in the exports of Machines ($1.65M), Foodstuffs ($670k), and Wood Products ($356k).

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) (2023)

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