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

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Montenegro (MNE) and North Korea (PRK) Trade

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Exports $438kRnk 88 / 0

2022

GDP$6.1BCURRENT US$
Rnk 151 / 186

2012-2022

GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186

2022

GDP PC $9,894CURRENT US$
Rnk 79 / 186

2012-2022

GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

Image 1

Image by Hotice Hsu
Link: https://flic.kr/p/Utsa6E

Image 2

Image by Roman Harak
Link: https://flic.kr/p/8Dbtxa

Historical Data
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 $438k to Montenegro. The main products that North Korea exported to Montenegro were N/A. Over the past N/A years the exports of North Korea to Montenegro have increased at an annualized rate of 29.6%, from $120k in N/A to $438k in N/A.

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

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B). That same year, North Korea ranked 182 in total exports ($248M). 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 2014, North Korea exported $438k to Montenegro. There were not main exports from North Korea to Montenegro in 2014. During the last 5 years the exports of North Korea to Montenegro have increased at an annualized rate of 29.6%, from $120k in 2019 to $438k in 2014.

Exports from Montenegro () to North Korea () (2019)

Exports from North Korea () to Montenegro () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

North Korea
Top DestinationChina$131M

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 2022, countries that imported more from Montenegro than North Korea included South Korea ($321M), Serbia ($159M), and Italy ($125M).

In 2022, countries that imported more from North Korea than Montenegro included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

Difference in imports from North Korea () and Montenegro () (2022)

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 2014, North Korea had a large net trade with Montenegro in the exports of .

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.

Product Space of Montenegro () and North Korea () (2019)

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