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Pricing

2022
Flag → Flag
Exports $9.55MRnk 22 / 123
2022
Flag → Flag
Top Product $9.49MExplosive Ammunition
2022
Flag → Flag
Exports $8.99MRnk 156 / 216
2022
Flag → Flag
Top Product $2.47MRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Montenegro-Indonesia Trade: In 2022, Montenegro exported $9.55M to Indonesia. The main products that Montenegro exported to Indonesia were Explosive Ammunition ($9.49M), Centrifuges ($51.6k), and Electric Motors ($1.68k). Over the past 5 years the exports of Montenegro to Indonesia have increased at an annualized rate of 112%, from $225k in 2017 to $9.55M in 2022.

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

Indonesia-Montenegro Trade: In 2022, Indonesia exported $8.99M to Montenegro. The main products that Indonesia exported to Montenegro were Raw Aluminium ($2.47M), Leather Footwear ($881k), and Processed Fish ($725k). Over the past 5 years the exports of Indonesia to Montenegro have increased at an annualized rate of 0.78%,  from $8.65M in 2017 to $8.99M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $9.55M to Indonesia. The main products exported from Montenegro to Indonesia were Explosive Ammunition ($9.49M), Centrifuges ($51.6k), and Electric Motors ($1.68k). During the last 5 years the exports of Montenegro to Indonesia have increased at an annualized rate of 112%, from $225k in 2017 to $9.55M in 2022.

In 2017, Indonesia exported $8.99M to Montenegro. The main products exported from Indonesia to Montenegro were Raw Aluminium ($2.47M), Leather Footwear ($881k), and Processed Fish ($725k). During the last 5 years the exports of Indonesia to Montenegro have increased at an annualized rate of 0.78%, from $8.65M in 2022 to $8.99M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Indonesia (Flag)

Montenegro Exports

Indonesia Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Indonesia
Top DestinationChina$67.7B

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

In 2022, countries that imported more from Montenegro than Indonesia included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Albania ($21.9M).

In 2022, countries that imported more from Indonesia than Montenegro included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Montenegro - Indonesia

Flow
Scale

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

During 2022, Montenegro had a large net trade with Indonesia in the exports of Weapons ($9.49M), Machines ($56.1k), and Footwear and Headwear ($988).

During 2017, Indonesia had a large net trade with Montenegro in the exports of Metals ($2.5M), Footwear and Headwear ($2.09M), and Foodstuffs ($934k).

Economic Complexity

Competitive Landscape

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

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

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