2022
Flag  
GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC 
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

Poland-Montenegro Trade: In 2022, Poland exported $87.3M to Montenegro. The main products that Poland exported to Montenegro were Planes, Helicopters, and/or Spacecraft ($23.2M), Gas Turbines ($6.24M), and Other Edible Preparations ($3.56M). Over the past 5 years the exports of Poland to Montenegro have increased at an annualized rate of 6.92%, from $62.5M in 2017 to $87.3M in 2022.

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

Montenegro-Poland Trade: In 2022, Montenegro exported $32.1M to Poland. The main products that Montenegro exported to Poland were Zinc Ore ($15.9M), Raw Aluminium ($13.1M), and Electrical Lighting and Signalling Equipment ($867k). Over the past 5 years the exports of Montenegro to Poland have increased at an annualized rate of 12.2%,  from $18.1M in 2017 to $32.1M in 2022.

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

Comparison In 2022,  Poland ranked 28 in the Economic Complexity Index (ECI 0.99),  and 24 in total exports ($346B). 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, Poland exported $87.3M to Montenegro. The main products exported from Poland to Montenegro were Planes, Helicopters, and/or Spacecraft ($23.2M), Gas Turbines ($6.24M), and Other Edible Preparations ($3.56M). During the last 5 years the exports of Poland to Montenegro have increased at an annualized rate of 6.92%, from $62.5M in 2017 to $87.3M in 2022.

In 2017, Montenegro exported $32.1M to Poland. The main products exported from Montenegro to Poland were Zinc Ore ($15.9M), Raw Aluminium ($13.1M), and Electrical Lighting and Signalling Equipment ($867k). During the last 5 years the exports of Montenegro to Poland have increased at an annualized rate of 12.2%, from $18.1M in 2022 to $32.1M in 2017.

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

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

Latest Data

Trade between Poland (Flag) and Montenegro (Flag)

Poland Exports

Montenegro Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$93.1B
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Poland than Montenegro included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

In 2022, no countries were registered that imported more from Montenegro than from Poland.

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

Comparative Advantage Poland - Montenegro

Flow
Scale

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

During 2022, Poland had a large net trade with Montenegro in the exports of Transportation ($27.3M), Machines ($16.6M), and Foodstuffs ($11.5M).

During 2017, Montenegro had a large net trade with Poland in the exports of Mineral Products ($16.2M), Metals ($13.2M), and Machines ($1.33M).

Economic Complexity

Competitive Landscape

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

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

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