2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 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
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Montenegro-Kazakhstan Trade: In 2023, Montenegro exported $1.14M to Kazakhstan. The main products that Montenegro exported to Kazakhstan were Packaged Medicaments ($937k), Hard Liquor ($183k), and Other Vegetables ($4.88k). Over the past 5 years the exports of Montenegro to Kazakhstan have increased at an annualized rate of 210%, from $4.02k in 2018 to $1.14M in 2023.

In 2023, Montenegro did not export any services to Kazakhstan.

Kazakhstan-Montenegro Trade: In 2023, Kazakhstan exported $416k to Montenegro. The main products that Kazakhstan exported to Montenegro were Broadcasting Equipment ($145k), Knit Sweaters ($42.6k), and Knit Women's Suits ($34k). Over the past 5 years the exports of Kazakhstan to Montenegro have increased at an annualized rate of 32.6%,  from $102k in 2018 to $416k in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $1.14M to Kazakhstan. The main products exported from Montenegro to Kazakhstan were Packaged Medicaments ($937k), Hard Liquor ($183k), and Other Vegetables ($4.88k). During the last 5 years the exports of Montenegro to Kazakhstan have increased at an annualized rate of 210%, from $4.02k in 2018 to $1.14M in 2023.

In 2018, Kazakhstan exported $416k to Montenegro. The main products exported from Kazakhstan to Montenegro were Broadcasting Equipment ($145k), Knit Sweaters ($42.6k), and Knit Women's Suits ($34k). During the last 5 years the exports of Kazakhstan to Montenegro have increased at an annualized rate of 32.6%, from $102k in 2023 to $416k in 2018.

Exports from Montenegro (Flag) to Kazakhstan (Flag) (2023)

Exports from Kazakhstan (Flag) to Montenegro (Flag) (2023)

Latest Data

Trade between Montenegro (Flag) and Kazakhstan (Flag)

Montenegro Exports

Kazakhstan Exports

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Kazakhstan
Top Destination
China$15.2B

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

In 2023, countries that imported more from Montenegro than Kazakhstan included Bosnia and Herzegovina ($67.5M), Slovenia ($77.9M), and Luxembourg ($30.4M).

In 2023, countries that imported more from Kazakhstan than Montenegro included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

Difference in imports from Kazakhstan (Flag) and Montenegro (Flag) (2023)

Comparative Advantage Montenegro - Kazakhstan

Flow
Scale

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

During 2023, Montenegro had a large net trade with Kazakhstan in the exports of Chemical Products ($937k), Foodstuffs ($183k), and Vegetable Products ($6.86k).

During 2018, Kazakhstan had a large net trade with Montenegro in the exports of Textiles ($196k), Machines ($150k), and Vegetable Products ($37.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Kazakhstan (Flag) (2023)

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