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2022
Flag → Flag
Exports $149MRnk 76 / 219
2022
Flag → Flag
Top Product $95.4MElectricity
2022
Flag → Flag
Exports $116MRnk 4 / 123
2022
Flag → Flag
Top Product $86.5MRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
Flag  
GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
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 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 $92,101CURRENT US$
Rnk 5 / 186
2012-2022
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GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 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

Switzerland-Montenegro Trade: In 2022, Switzerland exported $149M to Montenegro. The main products that Switzerland exported to Montenegro were Electricity ($95.4M), Vaccines, blood, antisera, toxins and cultures ($20.5M), and Base Metal Watches ($5.79M). Over the past 5 years the exports of Switzerland to Montenegro have increased at an annualized rate of 35.1%, from $33.1M in 2017 to $149M in 2022.

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

Montenegro-Switzerland Trade: In 2022, Montenegro exported $116M to Switzerland. The main products that Montenegro exported to Switzerland were Raw Aluminium ($86.5M), Electricity ($25.9M), and Cars ($1.05M). Over the past 5 years the exports of Montenegro to Switzerland have increased at an annualized rate of 72%,  from $7.71M in 2017 to $116M in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97),  and 17 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, Switzerland exported $149M to Montenegro. The main products exported from Switzerland to Montenegro were Electricity ($95.4M), Vaccines, blood, antisera, toxins and cultures ($20.5M), and Base Metal Watches ($5.79M). During the last 5 years the exports of Switzerland to Montenegro have increased at an annualized rate of 35.1%, from $33.1M in 2017 to $149M in 2022.

In 2017, Montenegro exported $116M to Switzerland. The main products exported from Montenegro to Switzerland were Raw Aluminium ($86.5M), Electricity ($25.9M), and Cars ($1.05M). During the last 5 years the exports of Montenegro to Switzerland have increased at an annualized rate of 72%, from $7.71M in 2022 to $116M in 2017.

Exports from Switzerland (Flag) to Montenegro (Flag) (2022)

Exports from Montenegro (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Montenegro (Flag)

Switzerland Exports

Montenegro Exports

Market Competitiveness

Color
Switzerland
Top DestinationUnited States$61.7B
Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Switzerland than Montenegro included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, no countries were registered that imported more from Montenegro than from Switzerland.

Difference in imports from Montenegro (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Montenegro

Flow
Scale

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

During 2022, Switzerland had a large net trade with Montenegro in the exports of Mineral Products ($95.6M), Chemical Products ($26.7M), and Instruments ($10.1M).

During 2017, Montenegro had a large net trade with Switzerland in the exports of Metals ($86.8M), Mineral Products ($25.9M), and Transportation ($1.05M).

Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and Montenegro (Flag) (2022)

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