Montenegro (MNE) and North Korea (PRK) Trade | The Observatory of Economic Complexity

About

In N/A, Montenegro did not export any services to North Korea.

North Korea-Montenegro Trade: In N/A, North Korea exported $1.31k to Montenegro. The main products that North Korea exported to Montenegro were Office Machine Parts ($1.26k) and Electrical Lighting and Signalling Equipment ($41). Over the past N/A years the exports of North Korea to Montenegro have decreased at an annualized rate of 26.7%, from $21.4k in N/A to $1.31k in N/A.

In N/A, North Korea did not export any services to Montenegro.

Comparison In 2023, Montenegro ranked 151 in total exports ($1.53B). That same year, North Korea ranked 172 in total exports ($397M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Montenegro does not register exports to North Korea.

In 2018, North Korea exported $1.31k to Montenegro. The main products exported from North Korea to Montenegro were Office Machine Parts ($1.26k) and Electrical Lighting and Signalling Equipment ($41). During the last 5 years the exports of North Korea to Montenegro have decreased at an annualized rate of 26.7%, from $21.4k in 2023 to $1.31k in 2018.

Exports from Montenegro () to North Korea () (2023)

Exports from North Korea () to Montenegro () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationItaly$576M

North Korea
Top DestinationChina$292M

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

In 2023, countries that imported more from Montenegro than North Korea included Italy ($576M), Serbia ($202M), and Spain ($91.1M).

In 2023, countries that imported more from North Korea than Montenegro included China ($292M), Senegal ($10.3M), and Angola ($10.2M).

Difference in imports from North Korea () and Montenegro () (2023)

Comparative Advantage Montenegro - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, North Korea had a large net trade with Montenegro in the exports of Machines ($1.31k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to North Korea () (2023)

Exports from North Korea () to Montenegro () (2023)

Market Competitiveness

Difference in imports from North Korea () and Montenegro () (2023)

Comparative Advantage Montenegro - North Korea

Economic Complexity

Competitive Landscape

Product Space of Montenegro () and North Korea () (2023)

Keep Exploring