Montenegro / Germany

Montenegro-Germany Trade: In 2022, Montenegro exported $37.1M to Germany. The main products that Montenegro exported to Germany were Packaged Medicaments ($7.69M), Stone Processing Machines ($7.59M), and Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($4.27M). Over the past 5 years the exports of Montenegro to Germany have increased at an annualized rate of 12.8%, from $20.3M in 2017 to $37.1M in 2022.

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

Germany-Montenegro Trade: In 2022, Germany exported $176M to Montenegro. The main products that Germany exported to Montenegro were Cars ($24.3M), Pig Meat ($13.5M), and Cheese ($12.8M). Over the past 5 years the exports of Germany to Montenegro have increased at an annualized rate of 3.17%,  from $151M in 2017 to $176M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).