2023
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GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
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GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
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 GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
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GDP GROWTH
68.6%CURRENT US$
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2023
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GDP PC 
$12,919CURRENT US$
Rnk 79 / 195
2013-2023
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GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195
2023
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GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
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GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Kazakhstan-Montenegro Trade: In 2023, Kazakhstan exported $416k to Montenegro. The main products that Kazakhstan exported to Montenegro were Broadcasting Equipment ($145k), Knit Sweaters ($42.6k), and Knit Women's Suits ($34k). Over the past 5 years the exports of Kazakhstan to Montenegro have increased at an annualized rate of 32.6%, from $102k in 2018 to $416k in 2023.

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

Montenegro-Kazakhstan Trade: In 2023, Montenegro exported $1.14M to Kazakhstan. The main products that Montenegro exported to Kazakhstan were Packaged Medicaments ($937k), Hard Liquor ($183k), and Other Vegetables ($4.88k). Over the past 5 years the exports of Montenegro to Kazakhstan have increased at an annualized rate of 210%,  from $4.02k in 2018 to $1.14M in 2023.

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

Comparison In 2023,  Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18),  and 44 in total exports ($96.6B). 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, Kazakhstan exported $416k to Montenegro. The main products exported from Kazakhstan to Montenegro were Broadcasting Equipment ($145k), Knit Sweaters ($42.6k), and Knit Women's Suits ($34k). During the last 5 years the exports of Kazakhstan to Montenegro have increased at an annualized rate of 32.6%, from $102k in 2018 to $416k in 2023.

In 2018, Montenegro exported $1.14M to Kazakhstan. The main products exported from Montenegro to Kazakhstan were Packaged Medicaments ($937k), Hard Liquor ($183k), and Other Vegetables ($4.88k). During the last 5 years the exports of Montenegro to Kazakhstan have increased at an annualized rate of 210%, from $4.02k in 2023 to $1.14M in 2018.

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

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

Latest Data

Trade between Kazakhstan (Flag) and Montenegro (Flag)

Kazakhstan Exports

Montenegro Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$15.2B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Kazakhstan than Montenegro included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

In 2023, countries that imported more from Montenegro than Kazakhstan included Bosnia and Herzegovina ($67.5M), Slovenia ($77.9M), and Luxembourg ($30.4M).

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

Comparative Advantage Kazakhstan - Montenegro

Flow
Scale

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

During 2023, Kazakhstan had a large net trade with Montenegro in the exports of Textiles ($196k), Machines ($150k), and Vegetable Products ($37.2k).

During 2018, Montenegro had a large net trade with Kazakhstan in the exports of Chemical Products ($937k), Foodstuffs ($183k), and Vegetable Products ($6.86k).

Economic Complexity

Competitive Landscape

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

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

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