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Pricing

2022
Flag → Flag
Exports $33.5MRnk 145 / 211
2022
Flag → Flag
Top Product $6.48MCars
2022
Flag → Flag
Exports $363kRnk 53 / 123
2022
Flag → Flag
Top Product $303kTransmissions
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
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GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$9,894CURRENT US$
Rnk 79 / 186
2012-2022
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GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Japan-Montenegro Trade: In 2022, Japan exported $33.5M to Montenegro. The main products that Japan exported to Montenegro were Cars ($6.48M), Large Construction Vehicles ($5.12M), and Delivery Trucks ($4.65M). Over the past 5 years the exports of Japan to Montenegro have decreased at an annualized rate of 8.02%, from $50.9M in 2017 to $33.5M in 2022.

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

Montenegro-Japan Trade: In 2022, Montenegro exported $363k to Japan. The main products that Montenegro exported to Japan were Transmissions ($303k), Wine ($26.2k), and Low-voltage Protection Equipment ($8.72k). Over the past 5 years the exports of Montenegro to Japan have decreased at an annualized rate of 24.8%,  from $1.51M in 2017 to $363k in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Japan exported ¥50M and imported ¥2.59M from Montenegro, resulting in a positive trade balance of ¥47.4M. Between September 2023 and September 2024 the exports of Japan have decreased by ¥-9.95M (-16.6%) from ¥60M to ¥50M, while imports decreased by ¥-518k (-16.7%) from ¥3.11M to ¥2.59M.

Trade In September 2024, the top exports of Japan to Montenegro were Rubber Tires (¥16.3M), Large Coated Flat-Rolled Iron (¥5.91M), and Fishing and Hunting Equipment (¥998k). In September 2024 the top imports of Japan from Montenegro were Transmissions (¥4.6M).

Origins In September 2024 the exports of Japan were mainly from Aichi (¥47.3M), Osaka (¥2.14M), and Tokyo (¥608k), while imports destinations were mainly Aichi (¥2.59M).

Growth In September 2024, the decrease in Japan's year-by-year exports to Montenegro was explained primarily by an decrease in product exports in Large Coated Flat-Rolled Iron (¥-26.2M or -81.6%). In September 2024, the decrease in Japan's year-by-year imports  from Montenegro was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)¥-9.95M(-16.6%)
IMPORT GROWTH (September 2023 - September 2024)¥-518k(-16.7%)
MAIN EXPORTER (September 2024)Aichi¥47.3M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Montenegro and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $33.5M to Montenegro. The main products exported from Japan to Montenegro were Cars ($6.48M), Large Construction Vehicles ($5.12M), and Delivery Trucks ($4.65M). During the last 5 years the exports of Japan to Montenegro have decreased at an annualized rate of 8.02%, from $50.9M in 2017 to $33.5M in 2022.

In 2017, Montenegro exported $363k to Japan. The main products exported from Montenegro to Japan were Transmissions ($303k), Wine ($26.2k), and Low-voltage Protection Equipment ($8.72k). During the last 5 years the exports of Montenegro to Japan have decreased at an annualized rate of 24.8%, from $1.51M in 2022 to $363k in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Japan than Montenegro included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Montenegro than Japan included Bosnia and Herzegovina ($95.5M), Albania ($21.9M), and San Marino ($2.1M).

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

Comparative Advantage Japan - Montenegro

Flow
Scale

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

During 2022, Japan had a large net trade with Montenegro in the exports of Transportation ($12.8M), Machines ($10.9M), and Metals ($4.65M).

During 2017, Montenegro had a large net trade with Japan in the exports of Machines ($316k), Foodstuffs ($27.3k), and Textiles ($9.37k).

Economic Complexity

Competitive Landscape

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

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

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