2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

China-Montenegro Trade: In 2022, China exported $387M to Montenegro. The main products that China exported to Montenegro were Raw Aluminium ($58.5M), Polyacetals ($25.1M), and Broadcasting Equipment ($22.6M). Over the past 5 years the exports of China to Montenegro have increased at an annualized rate of 6.71%, from $280M in 2017 to $387M in 2022.

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

Montenegro-China Trade: In 2022, Montenegro exported $53.7M to China. The main products that Montenegro exported to China were Aluminium Ore ($41.4M), Raw Aluminium ($4.83M), and Chemical Analysis Instruments ($3.75M). Over the past 5 years the exports of Montenegro to China have decreased at an annualized rate of 3.28%,  from $63.4M in 2017 to $53.7M in 2022.

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

Comparison In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12),  and 1 in total exports ($3.73T). 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, China exported $387M to Montenegro. The main products exported from China to Montenegro were Raw Aluminium ($58.5M), Polyacetals ($25.1M), and Broadcasting Equipment ($22.6M). During the last 5 years the exports of China to Montenegro have increased at an annualized rate of 6.71%, from $280M in 2017 to $387M in 2022.

In 2017, Montenegro exported $53.7M to China. The main products exported from Montenegro to China were Aluminium Ore ($41.4M), Raw Aluminium ($4.83M), and Chemical Analysis Instruments ($3.75M). During the last 5 years the exports of Montenegro to China have decreased at an annualized rate of 3.28%, from $63.4M in 2022 to $53.7M in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Montenegro
Top Destination
South Korea$321M

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 2022, countries that imported more from China than Montenegro included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Montenegro than China included Northern Mariana Islands ($105).

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

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 2022, China had a large net trade with Montenegro in the exports of Machines ($131M), Metals ($88.1M), and Textiles ($40.8M).

During 2017, Montenegro had a large net trade with China in the exports of Mineral Products ($42M), Metals ($4.86M), and Instruments ($3.76M).

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) (2022)

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