2022
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GDP
$6.1BCURRENT US$
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2012-2022
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GDP GROWTH
49.1%CURRENT US$
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2022
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 GDP
$18TCURRENT US$
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2012-2022
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GDP GROWTH
111%CURRENT US$
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2022
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GDP PC 
$9,894CURRENT US$
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2012-2022
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GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186
2022
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GDP PC
$12,720CURRENT US$
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2012-2022
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GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Montenegro-China In 2022, Montenegro exported $53.7M to China. The main products that Montenegro exported to China are Aluminium Ore ($41.4M), Raw Aluminium ($4.83M), and Chemical Analysis Instruments ($3.75M). During the last 15 years the exports of Montenegro to China have increased at an annualized rate of 27.3%, from $1.43M in 2007 to $53.7M in 2022.

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

China-Montenegro In 2022, China exported $387M to Montenegro. The main products that China exported to Montenegro were Raw Aluminium ($58.5M), Polyacetals ($25.1M), and Broadcasting Equipment ($22.6M). During the last 15 years the exports of China to Montenegro have increased at an annualized rate of 12.1%, from $70.1M in 2007 to $387M in 2022.

In 2022, China 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, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $53.7M to China. The main products exported from Montenegro to China were Aluminium Ore ($41.4M), Raw Aluminium ($4.83M), and Chemical Analysis Instruments ($3.75M). During the last 15 years the exports of Montenegro to China have increased at an annualized rate of 27.3%, from $1.43M in 2007 to $53.7M in 2022.

In 2022, China exported $387M to Montenegro. The main products exported from China to Montenegro were Raw Aluminium ($58.5M), Polyacetals ($25.1M), and Broadcasting Equipment ($22.6M). During the last 16 years the exports of China to Montenegro have increased at an annualized rate of 12.1%, from $70.1M in 2006 to $387M in 2022.

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

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

Latest Data

Trade between Montenegro (Flag) and China (Flag)

Montenegro Exports

China Exports

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
China
Top Destination
United States$551B

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

In 2021, countries that imported more from Montenegro than China were Northern Mariana Islands ($105).

In 2021, countries that imported more from China than Montenegro were United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Montenegro - China

Flow
Scale

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

During 2022, Montenegro had a large net trade with China in the exports of Mineral Products ($42M), Metals ($4.86M), and Instruments ($3.76M).

During 2022, China had a large net trade with Montenegro in the exports of Machines ($131M), Metals ($88.1M), and Textiles ($40.8M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Montenegro has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Montenegro.

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

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