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2022
Flag → Flag
Exports $430Rnk 114 / 123
2022
Flag → Flag
Top Product $418Leather Footwear
2022
Flag → Flag
Exports $92kRnk 102 / 139
2022
Flag → Flag
Top Product $55.7kOther Nuts
2022
Flag
Economic Complexity (ECI) ECI -0.28Rnk 79 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH19.1%CURRENT US$
Rnk 123 / 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$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH-0.55%CURRENT US$
Rnk 146 / 186

About

Montenegro-Uzbekistan Trade: In 2022, Montenegro exported $430 to Uzbekistan. The main products that Montenegro exported to Uzbekistan were Leather Footwear ($418) and Rubber Pipes ($12). Over the past 7 years the exports of Montenegro to Uzbekistan have decreased at an annualized rate of 58.7%, from $211k in 2015 to $430 in 2022.

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

Uzbekistan-Montenegro Trade: In 2022, Uzbekistan exported $92k to Montenegro. The main products that Uzbekistan exported to Montenegro were Other Nuts ($55.7k), Non-Knit Women's Undergarments ($16k), and Knit T-shirts ($5.39k). Over the past 7 years the exports of Uzbekistan to Montenegro have increased at an annualized rate of 19.9%,  from $37.2k in 2015 to $92k in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $430 to Uzbekistan. The main products exported from Montenegro to Uzbekistan were Leather Footwear ($418) and Rubber Pipes ($12). During the last 7 years the exports of Montenegro to Uzbekistan have decreased at an annualized rate of 58.7%, from $211k in 2015 to $430 in 2022.

In 2017, Uzbekistan exported $92k to Montenegro. The main products exported from Uzbekistan to Montenegro were Other Nuts ($55.7k), Non-Knit Women's Undergarments ($16k), and Knit T-shirts ($5.39k). During the last 5 years the exports of Uzbekistan to Montenegro have increased at an annualized rate of 19.9%, from $37.2k in 2022 to $92k in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Uzbekistan (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Uzbekistan
Top DestinationSwitzerland$4.29B

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

In 2022, countries that imported more from Montenegro than Uzbekistan included South Korea ($321M), Serbia ($159M), and Bosnia and Herzegovina ($95.5M).

In 2022, countries that imported more from Uzbekistan than Montenegro included Switzerland ($4.29B), Russia ($2.6B), and China ($1.98B).

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

Comparative Advantage Montenegro - Uzbekistan

Flow
Scale

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

During 2022, Montenegro had a large net trade with Uzbekistan in the exports of Footwear and Headwear ($418) and Plastics and Rubbers ($12).

During 2017, Uzbekistan had a large net trade with Montenegro in the exports of Vegetable Products ($58.4k), Textiles ($29.9k), and Machines ($3.74k).

Economic Complexity

Competitive Landscape

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

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

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