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Pricing

2022
Flag → Flag
Exports $994kRnk 40 / 123
2022
Flag → Flag
Top Product $724kExplosive Ammunition
2022
Flag → Flag
Exports $6.94MRnk 161 / 218
2022
Flag → Flag
Top Product $2.19MRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Montenegro-Malaysia Trade: In 2022, Montenegro exported $994k to Malaysia. The main products that Montenegro exported to Malaysia were Explosive Ammunition ($724k), Prepared Explosives ($258k), and Refrigerators ($6.04k). Over the past 5 years the exports of Montenegro to Malaysia have increased at an annualized rate of 65.5%, from $80.1k in 2017 to $994k in 2022.

In 2022, Montenegro did not export any services to Malaysia.

Malaysia-Montenegro Trade: In 2022, Malaysia exported $6.94M to Montenegro. The main products that Malaysia exported to Montenegro were Raw Aluminium ($2.19M), Palm Oil ($571k), and Air Conditioners ($529k). Over the past 5 years the exports of Malaysia to Montenegro have increased at an annualized rate of 9.61%,  from $4.39M in 2017 to $6.94M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $994k to Malaysia. The main products exported from Montenegro to Malaysia were Explosive Ammunition ($724k), Prepared Explosives ($258k), and Refrigerators ($6.04k). During the last 5 years the exports of Montenegro to Malaysia have increased at an annualized rate of 65.5%, from $80.1k in 2017 to $994k in 2022.

In 2017, Malaysia exported $6.94M to Montenegro. The main products exported from Malaysia to Montenegro were Raw Aluminium ($2.19M), Palm Oil ($571k), and Air Conditioners ($529k). During the last 5 years the exports of Malaysia to Montenegro have increased at an annualized rate of 9.61%, from $4.39M in 2022 to $6.94M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Malaysia (Flag)

Montenegro Exports

Malaysia Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Montenegro than Malaysia included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Albania ($21.9M).

In 2022, countries that imported more from Malaysia than Montenegro included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Montenegro - Malaysia

Flow
Scale

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

During 2022, Montenegro had a large net trade with Malaysia in the exports of Weapons ($724k), Chemical Products ($258k), and Machines ($8.19k).

During 2017, Malaysia had a large net trade with Montenegro in the exports of Machines ($2.74M), Metals ($2.24M), and Animal and Vegetable Bi-Products ($721k).

Economic Complexity

Competitive Landscape

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

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

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