2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

China-Montenegro Trade: In 2023, China exported $471M to Montenegro. The main products that China exported to Montenegro were Broadcasting Equipment ($44.9M), Computers ($22.1M), and Non-Knit Women's Suits ($21.6M). Over the past 5 years the exports of China to Montenegro have increased at an annualized rate of 8.25%, from $317M in 2018 to $471M in 2023.

In 2023, China did not export any services to Montenegro.

Montenegro-China Trade: In 2023, Montenegro exported $41.5M to China. The main products that Montenegro exported to China were Aluminium Ore ($32.9M), Lead Ore ($3.89M), and Chemical Analysis Instruments ($3.43M). Over the past 5 years the exports of Montenegro to China have increased at an annualized rate of 16.7%,  from $19.1M in 2018 to $41.5M in 2023.

In 2023, Montenegro did not export any services to China.

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). 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, China exported $471M to Montenegro. The main products exported from China to Montenegro were Broadcasting Equipment ($44.9M), Computers ($22.1M), and Non-Knit Women's Suits ($21.6M). During the last 5 years the exports of China to Montenegro have increased at an annualized rate of 8.25%, from $317M in 2018 to $471M in 2023.

In 2018, Montenegro exported $41.5M to China. The main products exported from Montenegro to China were Aluminium Ore ($32.9M), Lead Ore ($3.89M), and Chemical Analysis Instruments ($3.43M). During the last 5 years the exports of Montenegro to China have increased at an annualized rate of 16.7%, from $19.1M in 2023 to $41.5M in 2018.

Exports from China (Flag) to Montenegro (Flag) (2023)

Exports from Montenegro (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from China than Montenegro included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Montenegro than from China.

Difference in imports from Montenegro (Flag) and China (Flag) (2023)

Comparative Advantage China - Montenegro

Flow
Scale

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

During 2023, China had a large net trade with Montenegro in the exports of Machines ($216M), Textiles ($56.5M), and Miscellaneous ($39.1M).

During 2018, Montenegro had a large net trade with China in the exports of Mineral Products ($36.9M), Instruments ($3.43M), and Foodstuffs ($558k).

Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Montenegro (Flag) (2023)

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