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2022
Flag → Flag
Exports $8.52MRnk 24 / 123
2022
Flag → Flag
Top Product $3.73MWashing and Bottling Machines
2022
Flag → Flag
Exports $8.56MRnk 170 / 219
2022
Flag → Flag
Top Product $6.69MRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
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GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
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GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Montenegro-United Arab Emirates Trade: In 2022, Montenegro exported $8.52M to United Arab Emirates. The main products that Montenegro exported to United Arab Emirates were Washing and Bottling Machines ($3.73M), Tobacco Processing Machines ($2.55M), and Shaped Paper ($525k). Over the past 5 years the exports of Montenegro to United Arab Emirates have increased at an annualized rate of 23.8%, from $2.92M in 2017 to $8.52M in 2022.

In 2022, Montenegro did not export any services to United Arab Emirates.

United Arab Emirates-Montenegro Trade: In 2022, United Arab Emirates exported $8.56M to Montenegro. The main products that United Arab Emirates exported to Montenegro were Rolled Tobacco ($6.69M), Iron Fasteners ($283k), and Eyewear ($135k). Over the past 5 years the exports of United Arab Emirates to Montenegro have increased at an annualized rate of 18.1%,  from $3.72M in 2017 to $8.56M in 2022.

In 2022, United Arab Emirates 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, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $8.52M to United Arab Emirates. The main products exported from Montenegro to United Arab Emirates were Washing and Bottling Machines ($3.73M), Tobacco Processing Machines ($2.55M), and Shaped Paper ($525k). During the last 5 years the exports of Montenegro to United Arab Emirates have increased at an annualized rate of 23.8%, from $2.92M in 2017 to $8.52M in 2022.

In 2017, United Arab Emirates exported $8.56M to Montenegro. The main products exported from United Arab Emirates to Montenegro were Rolled Tobacco ($6.69M), Iron Fasteners ($283k), and Eyewear ($135k). During the last 5 years the exports of United Arab Emirates to Montenegro have increased at an annualized rate of 18.1%, from $3.72M in 2022 to $8.56M in 2017.

Exports from Montenegro (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Montenegro (Flag) (2022)

Latest Data

Trade between Montenegro (Flag) and United Arab Emirates (Flag)

Montenegro Exports

United Arab Emirates Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
United Arab Emirates
Top DestinationIndia$51B

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

In 2022, countries that imported more from Montenegro than United Arab Emirates included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and San Marino ($2.1M).

In 2022, countries that imported more from United Arab Emirates than Montenegro included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Montenegro (Flag) (2022)

Comparative Advantage Montenegro - United Arab Emirates

Flow
Scale

This chart compares trade between Montenegro and United Arab Emirates by product, considering products traded by both, Montenegro and United Arab Emirates.

During 2022, Montenegro had a large net trade with United Arab Emirates in the exports of Machines ($6.48M), Paper Goods ($822k), and Chemical Products ($417k).

During 2017, United Arab Emirates had a large net trade with Montenegro in the exports of Foodstuffs ($6.7M), Machines ($582k), and Metals ($407k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and United Arab Emirates (Flag) (2022)

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