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
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

Chinese Taipei-Montenegro In 2022, Chinese Taipei exported $14.2M to Montenegro. The main products that Chinese Taipei exported to Montenegro are Polyamide Fabric ($7.43M), Large Flat-Rolled Stainless Steel ($1.38M), and Office Machine Parts ($672k). During the last 16 years the exports of Chinese Taipei to Montenegro have increased at an annualized rate of 9.56%, from $3.3M in 2006 to $14.2M in 2022.

In 2022, Chinese Taipei did not export any services to Montenegro.

Montenegro-Chinese Taipei In 2022, Montenegro exported $66.5k to Chinese Taipei. The main products that Montenegro exported to Chinese Taipei were Sawn Wood ($39.2k), Integrated Circuits ($7.29k), and Iron Fasteners ($5.71k). During the last 16 years the exports of Montenegro to Chinese Taipei have increased at an annualized rate of 11.4%, from $11.9k in 2006 to $66.5k in 2022.

In 2022, Montenegro did not export any services to Chinese Taipei.

Comparison In 2022,  Chinese Taipei ranked 11 in total exports ($542B). That same year, Montenegro ranked 154 in total exports ($1.32B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $14.2M to Montenegro. The main products exported from Chinese Taipei to Montenegro were Polyamide Fabric ($7.43M), Large Flat-Rolled Stainless Steel ($1.38M), and Office Machine Parts ($672k). During the last 16 years the exports of Chinese Taipei to Montenegro have increased at an annualized rate of 9.56%, from $3.3M in 2006 to $14.2M in 2022.

In 2022, Montenegro exported $66.5k to Chinese Taipei. The main products exported from Montenegro to Chinese Taipei were Sawn Wood ($39.2k), Integrated Circuits ($7.29k), and Iron Fasteners ($5.71k). During the last 16 years the exports of Montenegro to Chinese Taipei have increased at an annualized rate of 11.4%, from $11.9k in 2006 to $66.5k in 2022.

Exports from Chinese Taipei (Flag) to Montenegro (Flag) (2022)

Exports from Montenegro (Flag) to Chinese Taipei (Flag) (2022)

Latest Data

Trade between Chinese Taipei (Flag) and Montenegro (Flag)

Montenegro Exports

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Montenegro
Top Destination
South Korea$321M

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

In 2021, countries that imported more from Chinese Taipei than Montenegro were China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2021, countries that imported more from Montenegro than Chinese Taipei were Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Albania ($21.9M).

Difference in imports from Montenegro (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Montenegro

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Montenegro in the exports of Textiles ($7.56M), Machines ($2.93M), and Metals ($2.56M).

During 2022, Montenegro had a large net trade with Chinese Taipei in the exports of Wood Products ($39.2k), Machines ($12.5k), and Metals ($5.71k).

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 Chinese Taipei has comparative advantage over Montenegro. Similarly, the more yellow a dot/product is, the more Montenegro has comparative advantage over Chinese Taipei.

Product Space of Chinese Taipei (Flag) and Montenegro (Flag) (2022)

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