2022
Flag  
GDP
$59.4BCURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP GROWTH
1.79%CURRENT US$
Rnk 163 / 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 
$1,096CURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 155 / 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

Burma-Montenegro Trade: In 2022, Burma exported $1.28M to Montenegro. The main products that Burma exported to Montenegro were Knit Women's Suits ($171k), Trunks and Cases ($168k), and Non-Knit Men's Coats ($119k). Over the past 5 years the exports of Burma to Montenegro have increased at an annualized rate of 22.9%, from $456k in 2017 to $1.28M in 2022.

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

Montenegro-Burma Trade: In 2022, Montenegro exported $536 to Burma. The main products that Montenegro exported to Burma were N/A. Over the past 5 years the exports of Montenegro to Burma have decreased at an annualized rate of 52.4%,  from $21.9k in 2017 to $536 in 2022.

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

Comparison In 2022,  Burma ranked 102 in the Economic Complexity Index (ECI -0.84),  and 72 in total exports ($26.9B). 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, Burma exported $1.28M to Montenegro. The main products exported from Burma to Montenegro were Knit Women's Suits ($171k), Trunks and Cases ($168k), and Non-Knit Men's Coats ($119k). During the last 5 years the exports of Burma to Montenegro have increased at an annualized rate of 22.9%, from $456k in 2017 to $1.28M in 2022.

In 2016, Montenegro exported $536 to Burma. There were not main exports from Montenegro to Burma in 2016. During the last 5 years the exports of Montenegro to Burma have decreased at an annualized rate of 52.4%, from $21.9k in 2021 to $536 in 2016.

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

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

Latest Data

Trade between Burma (Flag) and Montenegro (Flag)

Burma Exports

Market Competitiveness

Color
Burma
Top Destination
China$9.62B
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Burma than Montenegro included China ($9.62B), Thailand ($3.48B), and Germany ($1.68B).

In 2022, countries that imported more from Montenegro than Burma included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

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

Comparative Advantage Burma - Montenegro

Flow
Scale

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

During 2022, Burma had a large net trade with Montenegro in the exports of Textiles ($852k), Footwear and Headwear ($196k), and Animal Hides ($169k).

During 2016, Montenegro had a large net trade with Burma in the exports of .

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with