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2023
Flag → Flag
Exports $76.4kRnk 76 / 130
2023
Flag → Flag
Top Product $39.5kRevolution Counters
2023
Flag → Flag
Exports $2.71MRnk 164 / 211
2023
Flag → Flag
Top Product $785kDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC $12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195

About

Montenegro-South Africa Trade: In 2023, Montenegro exported $76.4k to South Africa. The main products that Montenegro exported to South Africa were Revolution Counters ($39.5k), Centrifuges ($13.5k), and Transmissions ($10.4k). Over the past 5 years the exports of Montenegro to South Africa have increased at an annualized rate of 32.8%, from $18.5k in 2018 to $76.4k in 2023.

In 2023, Montenegro did not export any services to South Africa.

South Africa-Montenegro Trade: In 2023, South Africa exported $2.71M to Montenegro. The main products that South Africa exported to Montenegro were Delivery Trucks ($785k), Citrus ($664k), and Tropical Fruits ($284k). Over the past 5 years the exports of South Africa to Montenegro have decreased at an annualized rate of 15.6%,  from $6.31M in 2018 to $2.71M in 2023.

In 2023, South Africa did not export any services to Montenegro.

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $76.4k to South Africa. The main products exported from Montenegro to South Africa were Revolution Counters ($39.5k), Centrifuges ($13.5k), and Transmissions ($10.4k). During the last 5 years the exports of Montenegro to South Africa have increased at an annualized rate of 32.8%, from $18.5k in 2018 to $76.4k in 2023.

In 2018, South Africa exported $2.71M to Montenegro. The main products exported from South Africa to Montenegro were Delivery Trucks ($785k), Citrus ($664k), and Tropical Fruits ($284k). During the last 5 years the exports of South Africa to Montenegro have decreased at an annualized rate of 15.6%, from $6.31M in 2023 to $2.71M in 2018.

Exports from Montenegro (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Montenegro (Flag) (2023)

Latest Data

Trade between Montenegro (Flag) and South Africa (Flag)

Montenegro Exports

South Africa Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
South Africa
Top DestinationChina$29.5B

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

In 2023, countries that imported more from Montenegro than South Africa included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and Slovenia ($77.9M).

In 2023, countries that imported more from South Africa than Montenegro included China ($29.5B), United States ($13B), and India ($10.8B).

Difference in imports from South Africa (Flag) and Montenegro (Flag) (2023)

Comparative Advantage Montenegro - South Africa

Flow
Scale

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

During 2023, Montenegro had a large net trade with South Africa in the exports of Instruments ($43.3k), Machines ($29.2k), and Textiles ($2.54k).

During 2018, South Africa had a large net trade with Montenegro in the exports of Vegetable Products ($1.16M), Transportation ($879k), and Mineral Products ($184k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and South Africa (Flag) (2023)

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