2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$78.9BCURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 28 / 195
2023
Flag
GDP PC 
$12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC
$2,531CURRENT US$
Rnk 147 / 196
2013-2023
Flag
GDP PC GROWTH
41.7%CURRENT US$
Rnk 59 / 195

About

Montenegro-Cote d'Ivoire Trade: In 2023, Montenegro exported $2.26k to Cote d'Ivoire. The main products that Montenegro exported to Cote d'Ivoire were Rubber Belting ($1.55k), Integrated Circuits ($216), and Transmissions ($209). Over the past 5 years the exports of Montenegro to Cote d'Ivoire have decreased at an annualized rate of 42.4%, from $35.7k in 2018 to $2.26k in 2023.

In 2023, Montenegro did not export any services to Cote d'Ivoire.

Cote d'Ivoire-Montenegro Trade: In 2023, Cote d'Ivoire exported $782k to Montenegro. The main products that Cote d'Ivoire exported to Montenegro were Rubber ($765k), Coconuts, Brazil Nuts, and Cashews ($12.6k), and Tropical Fruits ($2.27k). Over the past 5 years the exports of Cote d'Ivoire to Montenegro have decreased at an annualized rate of 6.14%,  from $1.22M in 2018 to $782k in 2023.

In 2023, Cote d'Ivoire did not export any services to Montenegro.

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08), and 76 in total exports ($22.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $2.26k to Cote d'Ivoire. The main products exported from Montenegro to Cote d'Ivoire were Rubber Belting ($1.55k), Integrated Circuits ($216), and Transmissions ($209). During the last 5 years the exports of Montenegro to Cote d'Ivoire have decreased at an annualized rate of 42.4%, from $35.7k in 2018 to $2.26k in 2023.

In 2018, Cote d'Ivoire exported $782k to Montenegro. The main products exported from Cote d'Ivoire to Montenegro were Rubber ($765k), Coconuts, Brazil Nuts, and Cashews ($12.6k), and Tropical Fruits ($2.27k). During the last 5 years the exports of Cote d'Ivoire to Montenegro have decreased at an annualized rate of 6.14%, from $1.22M in 2023 to $782k in 2018.

Exports from Montenegro (Flag) to Cote d'Ivoire (Flag) (2023)

Exports from Cote d'Ivoire (Flag) to Montenegro (Flag) (2023)

Latest Data

Trade between Montenegro (Flag) and Cote d'Ivoire (Flag)

Montenegro Exports

Cote d'Ivoire Exports

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Cote d'Ivoire
Top Destination
Switzerland$3.88B

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

In 2023, countries that imported more from Montenegro than Cote d'Ivoire included Italy ($576M), Serbia ($202M), and Bosnia and Herzegovina ($67.5M).

In 2023, countries that imported more from Cote d'Ivoire than Montenegro included Switzerland ($3.88B), Netherlands ($1.99B), and Mali ($1.59B).

Difference in imports from Cote d'Ivoire (Flag) and Montenegro (Flag) (2023)

Comparative Advantage Montenegro - Cote d'Ivoire

Flow
Scale

This chart compares trade between Montenegro and Cote d'Ivoire by product, considering products traded by both, Montenegro and Cote d'Ivoire.

During 2023, Montenegro had a large net trade with Cote d'Ivoire in the exports of Plastics and Rubbers ($1.55k), Machines ($611), and Textiles ($103).

During 2018, Cote d'Ivoire had a large net trade with Montenegro in the exports of Plastics and Rubbers ($765k), Vegetable Products ($14.9k), and Foodstuffs ($1.34k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Cote d'Ivoire (Flag) (2023)

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