Montenegro (MNE) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Montenegro-Malaysia Trade: In 2022, Montenegro exported $994k to Malaysia. The main products that Montenegro exported to Malaysia were Explosive Ammunition ($724k), Prepared Explosives ($258k), and Refrigerators ($6.04k). Over the past 5 years the exports of Montenegro to Malaysia have increased at an annualized rate of 65.5%, from $80.1k in 2017 to $994k in 2022.

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

Malaysia-Montenegro Trade: In 2022, Malaysia exported $6.94M to Montenegro. The main products that Malaysia exported to Montenegro were Raw Aluminium ($2.19M), Palm Oil ($571k), and Air Conditioners ($529k). Over the past 5 years the exports of Malaysia to Montenegro have increased at an annualized rate of 7.94%, from $4.39M in 2017 to $6.94M in 2022.

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

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Montenegro exported $994k to Malaysia. The main products exported from Montenegro to Malaysia were Explosive Ammunition ($724k), Prepared Explosives ($258k), and Refrigerators ($6.04k). During the last 5 years the exports of Montenegro to Malaysia have increased at an annualized rate of 65.5%, from $80.1k in 2017 to $994k in 2022.

In 2017, Malaysia exported $6.94M to Montenegro. The main products exported from Malaysia to Montenegro were Raw Aluminium ($2.19M), Palm Oil ($571k), and Air Conditioners ($529k). During the last 5 years the exports of Malaysia to Montenegro have increased at an annualized rate of 7.94%, from $4.39M in 2022 to $6.94M in 2017.

Exports from Montenegro () to Malaysia () (2022)

Exports from Malaysia () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Malaysia ()

Montenegro Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Montenegro than Malaysia included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Albania ($21.9M).

In 2022, countries that imported more from Malaysia than Montenegro included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

Difference in imports from Malaysia () and Montenegro () (2022)

Comparative Advantage Montenegro - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Malaysia in the exports of Weapons ($724k), Chemical Products ($258k), and Machines ($8.19k).

During 2017, Malaysia had a large net trade with Montenegro in the exports of Machines ($2.74M), Metals ($2.24M), and Animal and Vegetable Bi-Products ($721k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Malaysia () (2022)

Exports from Malaysia () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Malaysia ()

Montenegro Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Montenegro () (2022)

Comparative Advantage Montenegro - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Montenegro () and Malaysia () (2022)

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