2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC 
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

In N/A, Montenegro did not export any services to Laos.

Laos-Montenegro Trade: In N/A, Laos exported $29.8k to Montenegro. The main products that Laos exported to Montenegro were Textile Footwear ($20.7k), Leather Footwear ($3.42k), and Rubber Footwear ($1.83k). Over the past N/A years the exports of Laos to Montenegro have decreased at an annualized rate of 9.86%,  from $193k in N/A to $29.8k in N/A.

In N/A, Laos 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, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

Montenegro does not register exports to Laos.

In 2017, Laos exported $29.8k to Montenegro. The main products exported from Laos to Montenegro were Textile Footwear ($20.7k), Leather Footwear ($3.42k), and Rubber Footwear ($1.83k). During the last 5 years the exports of Laos to Montenegro have decreased at an annualized rate of 9.86%, from $193k in 2022 to $29.8k in 2017.

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

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

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Laos
Top Destination
Thailand$3.29B

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

In 2022, countries that imported more from Montenegro than Laos included South Korea ($321M), Serbia ($159M), and Italy ($125M).

In 2022, countries that imported more from Laos than Montenegro included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

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

Comparative Advantage Montenegro - Laos

Flow
Scale

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

During 2017, Laos had a large net trade with Montenegro in the exports of Footwear and Headwear ($26k), Textiles ($3.74k), and Vegetable Products ($62).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Montenegro Laos+N/AN/A
Top Product Potential Laos Montenegro+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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