2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC 
$4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Namibia-Montenegro Trade: In 2023, Namibia exported $103k to Montenegro. The main products that Namibia exported to Montenegro were Non-fillet Frozen Fish ($67.1k), Cars ($22.6k), and Fish Fillets ($7.9k). Over the past 5 years the exports of Namibia to Montenegro have increased at an annualized rate of 9.36%, from $65.9k in 2018 to $103k in 2023.

In 2023, Namibia did not export any services to Montenegro.

Montenegro-Namibia In false, Montenegro did not export any products to Namibia.

In 2023, Montenegro did not export any services to Namibia.

Comparison In 2023,  Namibia ranked 98 in the Economic Complexity Index (ECI -0.74),  and 124 in total exports ($6.28B). That same year, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $103k to Montenegro. The main products exported from Namibia to Montenegro were Non-fillet Frozen Fish ($67.1k), Cars ($22.6k), and Fish Fillets ($7.9k). During the last 5 years the exports of Namibia to Montenegro have increased at an annualized rate of 9.36%, from $65.9k in 2018 to $103k in 2023.

Montenegro does not register exports to Namibia.

Exports from Namibia (Flag) to Montenegro (Flag) (2023)

Exports from Montenegro (Flag) to Namibia (Flag) (2023)

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Namibia than Montenegro included South Africa ($1.71B), China ($752M), and Botswana ($504M).

In 2023, countries that imported more from Montenegro than Namibia included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

Difference in imports from Montenegro (Flag) and Namibia (Flag) (2023)

Comparative Advantage Namibia - Montenegro

Flow
Scale

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

During 2023, Namibia had a large net trade with Montenegro in the exports of Animal Products ($75k), Transportation ($22.6k), and Vegetable Products ($5.47k).

Economic Complexity

Competitive Landscape

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

Product Space of Namibia (Flag) and Montenegro (Flag) (2023)

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