Montenegro / North Macedonia

Montenegro-North Macedonia Trade: In 2022, Montenegro exported $8.7M to North Macedonia. The main products that Montenegro exported to North Macedonia were Sawn Wood ($2.59M), Fuel Wood ($2.32M), and Electrical Transformers ($750k). Over the past 5 years the exports of Montenegro to North Macedonia have increased at an annualized rate of 4.64%, from $6.93M in 2017 to $8.7M in 2022.

In 2022, Montenegro did not export any services to North Macedonia.

North Macedonia-Montenegro Trade: In 2022, North Macedonia exported $40.3M to Montenegro. The main products that North Macedonia exported to Montenegro were Packaged Medicaments ($3.8M), Sausages ($2.87M), and Other Processed Vegetables ($1.64M). Over the past 5 years the exports of North Macedonia to Montenegro have increased at an annualized rate of 3.51%,  from $34M in 2017 to $40.3M in 2022.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).