Indonesia (IDN) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Indonesia-Montenegro Trade: In 2022, Indonesia exported $8.99M to Montenegro. The main products that Indonesia exported to Montenegro were Raw Aluminium ($2.47M), Leather Footwear ($881k), and Processed Fish ($725k). Over the past 5 years the exports of Indonesia to Montenegro have increased at an annualized rate of 0.78%, from $8.65M in 2017 to $8.99M in 2022.

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

Montenegro-Indonesia Trade: In 2022, Montenegro exported $9.55M to Indonesia. The main products that Montenegro exported to Indonesia were Explosive Ammunition ($9.49M), Centrifuges ($51.6k), and Electric Motors ($1.68k). Over the past 5 years the exports of Montenegro to Indonesia have increased at an annualized rate of 112%, from $225k in 2017 to $9.55M in 2022.

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

Comparison In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Indonesia exported $8.99M to Montenegro. The main products exported from Indonesia to Montenegro were Raw Aluminium ($2.47M), Leather Footwear ($881k), and Processed Fish ($725k). During the last 5 years the exports of Indonesia to Montenegro have increased at an annualized rate of 0.78%, from $8.65M in 2017 to $8.99M in 2022.

In 2017, Montenegro exported $9.55M to Indonesia. The main products exported from Montenegro to Indonesia were Explosive Ammunition ($9.49M), Centrifuges ($51.6k), and Electric Motors ($1.68k). During the last 5 years the exports of Montenegro to Indonesia have increased at an annualized rate of 112%, from $225k in 2022 to $9.55M in 2017.

Exports from Indonesia () to Montenegro () (2022)

Exports from Montenegro () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Montenegro ()

Indonesia Exports

Date

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$67.7B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Indonesia than Montenegro included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

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

Comparative Advantage Indonesia - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Indonesia had a large net trade with Montenegro in the exports of Metals ($2.5M), Footwear and Headwear ($2.09M), and Foodstuffs ($934k).

During 2017, Montenegro had a large net trade with Indonesia in the exports of Weapons ($9.49M), Machines ($56.1k), and Footwear and Headwear ($988).

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 Indonesia and Montenegro. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Montenegro. Similarly, a dot/product with the flag of Montenegro indicates it has a comparative advantage over Indonesia.

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Montenegro () (2022)

Exports from Montenegro () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Montenegro ()

Indonesia Exports

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Indonesia - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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