New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $964Rnk 108 / 123
2022
Flag → Flag
Top Product $577Non-Knit Active Wear
2022
Flag → Flag
Exports $1.08MRnk 135 / 205
2022
Flag → Flag
Top Product $285kElectric Heaters
2022
Flag
Economic Complexity (ECI) ECI 0.63Rnk 38 / 124
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Montenegro-Philippines In 2022, Montenegro exported $964 to Philippines. The main products that Montenegro exported to Philippines are Non-Knit Active Wear ($577) and Knit T-shirts ($387). During the last 10 years the exports of Montenegro to Philippines have decreased at an annualized rate of 59.8%, from $8.79M in 2012 to $964 in 2022.

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

Philippines-Montenegro In 2022, Philippines exported $1.08M to Montenegro. The main products that Philippines exported to Montenegro were Electric Heaters ($285k), Office Machine Parts ($149k), and Electrical Transformers ($109k). During the last 10 years the exports of Philippines to Montenegro have increased at an annualized rate of 6.09%, from $601k in 2012 to $1.08M in 2022.

In 2022, Philippines 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, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $964 to Philippines. The main products exported from Montenegro to Philippines were Non-Knit Active Wear ($577) and Knit T-shirts ($387). During the last 10 years the exports of Montenegro to Philippines have decreased at an annualized rate of 59.8%, from $8.79M in 2012 to $964 in 2022.

In 2022, Philippines exported $1.08M to Montenegro. The main products exported from Philippines to Montenegro were Electric Heaters ($285k), Office Machine Parts ($149k), and Electrical Transformers ($109k). During the last 16 years the exports of Philippines to Montenegro have increased at an annualized rate of 6.09%, from $601k in 2006 to $1.08M in 2022.

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

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

Latest Data

Trade between Montenegro (Flag) and Philippines (Flag)

Montenegro Exports

Philippines Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Philippines
Top DestinationUnited States$15.5B

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

In 2021, countries that imported more from Montenegro than Philippines were Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Slovenia ($55M).

In 2021, countries that imported more from Philippines than Montenegro were United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Montenegro - Philippines

Flow
Scale

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

During 2022, Montenegro had a large net trade with Philippines in the exports of Textiles ($964).

During 2022, Philippines had a large net trade with Montenegro in the exports of Machines ($683k), Instruments ($93.3k), and Textiles ($76.9k).

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms