2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
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GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH
67.8%CURRENT US$
Rnk 31 / 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
$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH
43.9%CURRENT US$
Rnk 43 / 186

About

Montenegro-Pakistan In 2022, Montenegro exported $5.67M to Pakistan. The main products that Montenegro exported to Pakistan are Dried Legumes ($4.96M), Rubber ($284k), and Vegetable Tanning Extracts ($94.1k). During the last 11 years the exports of Montenegro to Pakistan have increased at an annualized rate of 72%, from $14.6k in 2011 to $5.67M in 2022.

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

Pakistan-Montenegro In 2022, Pakistan exported $3.28M to Montenegro. The main products that Pakistan exported to Montenegro were Packaged Medicaments ($374k), Rice ($367k), and House Linens ($330k). During the last 11 years the exports of Pakistan to Montenegro have increased at an annualized rate of 31.8%, from $157k in 2011 to $3.28M in 2022.

In 2022, Pakistan 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, Pakistan ranked 85 in the Economic Complexity Index (ECI -0.54), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $5.67M to Pakistan. The main products exported from Montenegro to Pakistan were Dried Legumes ($4.96M), Rubber ($284k), and Vegetable Tanning Extracts ($94.1k). During the last 11 years the exports of Montenegro to Pakistan have increased at an annualized rate of 72%, from $14.6k in 2011 to $5.67M in 2022.

In 2022, Pakistan exported $3.28M to Montenegro. The main products exported from Pakistan to Montenegro were Packaged Medicaments ($374k), Rice ($367k), and House Linens ($330k). During the last 16 years the exports of Pakistan to Montenegro have increased at an annualized rate of 31.8%, from $157k in 2006 to $3.28M in 2022.

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

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

Latest Data

Trade between Montenegro (Flag) and Pakistan (Flag)

Montenegro Exports

Pakistan Exports

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Pakistan
Top Destination
United States$6.47B

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

In 2021, countries that imported more from Montenegro than Pakistan were Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

In 2021, countries that imported more from Pakistan than Montenegro were United States ($6.47B), Germany ($2.8B), and China ($2.79B).

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

Comparative Advantage Montenegro - Pakistan

Flow
Scale

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

During 2022, Montenegro had a large net trade with Pakistan in the exports of Vegetable Products ($5.27M), Plastics and Rubbers ($284k), and Chemical Products ($96.8k).

During 2022, Pakistan had a large net trade with Montenegro in the exports of Textiles ($1.61M), Chemical Products ($550k), and Vegetable Products ($371k).

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 Pakistan. Similarly, the more yellow a dot/product is, the more Pakistan has comparative advantage over Montenegro.

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

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