2022
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GDP
$377BCURRENT US$
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2012-2022
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GDP GROWTH
67.8%CURRENT US$
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2022
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 GDP
$6.1BCURRENT US$
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2012-2022
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GDP GROWTH
49.1%CURRENT US$
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2022
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GDP PC 
$1,597CURRENT US$
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2012-2022
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GDP PC GROWTH
43.9%CURRENT US$
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2022
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GDP PC
$9,894CURRENT US$
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2012-2022
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GDP PC GROWTH
50.2%CURRENT US$
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About

Pakistan-Montenegro In 2022, Pakistan exported $3.28M to Montenegro. The main products that Pakistan exported to Montenegro are Packaged Medicaments ($374k), Rice ($367k), and House Linens ($330k). During the last 16 years the exports of Pakistan to Montenegro have increased at an annualized rate of 20.9%, from $157k in 2006 to $3.28M in 2022.

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

Montenegro-Pakistan In 2022, Montenegro exported $5.67M to Pakistan. The main products that Montenegro exported to Pakistan were Dried Legumes ($4.96M), Rubber ($284k), and Vegetable Tanning Extracts ($94.1k). During the last 16 years the exports of Montenegro to Pakistan have increased at an annualized rate of 45.2%, from $14.6k in 2006 to $5.67M in 2022.

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

Comparison In 2022,  Pakistan ranked 85 in the Economic Complexity Index (ECI -0.54),  and 66 in total exports ($38.6B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Pakistan exported $3.28M to Montenegro. The main products exported from Pakistan to Montenegro were Packaged Medicaments ($374k), Rice ($367k), and House Linens ($330k). During the last 27 years the exports of Pakistan to Montenegro have increased at an annualized rate of 13.1%, from $28.3M in 1995 to $3.28M in 2022.

In 2022, Montenegro exported $5.67M to Pakistan. The main products exported from Montenegro to Pakistan were Dried Legumes ($4.96M), Rubber ($284k), and Vegetable Tanning Extracts ($94.1k). During the last 27 years the exports of Montenegro to Pakistan have increased at an annualized rate of 12.5%, from $25.7M in 1995 to $5.67M in 2022.

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

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

Latest Data

Trade between Pakistan (Flag) and Montenegro (Flag)

Pakistan Exports

Montenegro Exports

Market Competitiveness

Color
Pakistan
Top Destination
United States$6.47B
Montenegro
Top Destination
South Korea$321M

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

In 2021, countries that imported more from Pakistan than Montenegro were United States ($6.47B), Germany ($2.8B), and China ($2.79B).

In 2021, countries that imported more from Montenegro than Pakistan were Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

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

Comparative Advantage Pakistan - Montenegro

Flow
Scale

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

During 2022, Pakistan had a large net trade with Montenegro in the exports of Textiles ($1.61M), Chemical Products ($550k), and Vegetable Products ($371k).

During 2022, Montenegro had a large net trade with Pakistan in the exports of Vegetable Products ($5.27M), Plastics and Rubbers ($284k), and Chemical Products ($96.8k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Pakistan has comparative advantage over Montenegro. Similarly, the more yellow a dot/product is, the more Montenegro has comparative advantage over Pakistan.

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

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