Montenegro / South Korea

Montenegro-South Korea Trade: In 2022, Montenegro exported $321M to South Korea. The main products that Montenegro exported to South Korea were Copper Ore ($307M), Lead Ore ($11.1M), and Zinc Ore ($1.99M). Over the past 5 years the exports of Montenegro to South Korea have increased at an annualized rate of 251%, from $599k in 2017 to $321M in 2022.

In 2022, Montenegro did not export any services to South Korea.

South Korea-Montenegro Trade: In 2022, South Korea exported $36.7M to Montenegro. The main products that South Korea exported to Montenegro were Raw Aluminium ($22.5M), Large Construction Vehicles ($3.79M), and Cars ($2.86M). Over the past 5 years the exports of South Korea to Montenegro have increased at an annualized rate of 8.11%,  from $9.73M in 2017 to $36.7M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).