2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 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
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186

About

Montenegro-Marshall Islands In 2013, Montenegro exported $212 to Marshall Islands. The main products that Montenegro exported to Marshall Islands are N/A. During the last 3 years the exports of Montenegro to Marshall Islands have decreased at an annualized rate of 89.3%, from $175k in 2010 to $212 in 2013.

In 2013, Montenegro did not export any services to Marshall Islands.

Marshall Islands-Montenegro In 2013, Marshall Islands exported $119 to Montenegro. The main products that Marshall Islands exported to Montenegro were N/A. During the last 3 years the exports of Marshall Islands to Montenegro have increased at an annualized rate of 30.1%, from $54 in 2010 to $119 in 2013.

In 2013, Marshall Islands did not export any services to Montenegro.

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B). That same year, Marshall Islands ranked 160 in total exports ($1.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, Montenegro exported $212 to Marshall Islands. There were not main exports from Montenegro to Marshall Islands in 2013. During the last 3 years the exports of Montenegro to Marshall Islands have decreased at an annualized rate of 89.3%, from $175k in 2010 to $212 in 2013.

In 2021, Marshall Islands exported $119 to Montenegro. There were not main exports from Marshall Islands to Montenegro in 2021. During the last 10 years the exports of Marshall Islands to Montenegro have increased at an annualized rate of 30.1%, from $54 in 2011 to $119 in 2021.

Exports from Montenegro (Flag) to Marshall Islands (Flag) (2021)

Exports from Marshall Islands (Flag) to Montenegro (Flag) (2021)

Latest Data

Trade between Montenegro (Flag) and Marshall Islands (Flag)

Montenegro Exports

Date

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Marshall Islands
Top Destination
Germany$327M

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

In 2021, countries that imported more from Montenegro than Marshall Islands were South Korea ($321M), Serbia ($159M), and Switzerland ($116M).

In 2021, countries that imported more from Marshall Islands than Montenegro were Germany ($327M), United Kingdom ($158M), and Denmark ($159M).

Difference in imports from Marshall Islands (Flag) and Montenegro (Flag) (2022)

Comparative Advantage Montenegro - Marshall Islands

Flow
Scale

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

During 2013, Montenegro had a large net trade with Marshall Islands in the exports of .

During 2021, Marshall Islands had a large net trade with Montenegro in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Montenegro has comparative advantage over Marshall Islands. Similarly, the more yellow a dot/product is, the more Marshall Islands has comparative advantage over Montenegro.

Product Space of Montenegro (Flag) and Marshall Islands (Flag) (2021)

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