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2023
Flag → Flag
Exports $12.8MRnk 132 / 212
2023
Flag → Flag
Top Product $2.51MPolyamide Fabric
2023
Flag → Flag
Exports $81.6kRnk 74 / 130
2023
Flag → Flag
Top Product $35.7kChemical Analysis Instruments
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
 GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195

About

Chinese Taipei-Montenegro Trade: In 2023, Chinese Taipei exported $12.8M to Montenegro. The main products that Chinese Taipei exported to Montenegro were Polyamide Fabric ($2.51M), Broadcasting Equipment ($1.49M), and Large Flat-Rolled Stainless Steel ($895k). Over the past 5 years the exports of Chinese Taipei to Montenegro have increased at an annualized rate of 2.86%, from $11.1M in 2018 to $12.8M in 2023.

In 2023, Chinese Taipei did not export any services to Montenegro.

Montenegro-Chinese Taipei Trade: In 2023, Montenegro exported $81.6k to Chinese Taipei. The main products that Montenegro exported to Chinese Taipei were Chemical Analysis Instruments ($35.7k), Hard Liquor ($15.2k), and Wine ($5.61k). Over the past 5 years the exports of Montenegro to Chinese Taipei have increased at an annualized rate of 27.3%,  from $24.4k in 2018 to $81.6k in 2023.

In 2023, Montenegro did not export any services to Chinese Taipei.

Comparison In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2),  and 11 in total exports ($509B). 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, Chinese Taipei exported $12.8M to Montenegro. The main products exported from Chinese Taipei to Montenegro were Polyamide Fabric ($2.51M), Broadcasting Equipment ($1.49M), and Large Flat-Rolled Stainless Steel ($895k). During the last 5 years the exports of Chinese Taipei to Montenegro have increased at an annualized rate of 2.86%, from $11.1M in 2018 to $12.8M in 2023.

In 2018, Montenegro exported $81.6k to Chinese Taipei. The main products exported from Montenegro to Chinese Taipei were Chemical Analysis Instruments ($35.7k), Hard Liquor ($15.2k), and Wine ($5.61k). During the last 5 years the exports of Montenegro to Chinese Taipei have increased at an annualized rate of 27.3%, from $24.4k in 2023 to $81.6k in 2018.

Exports from Chinese Taipei (Flag) to Montenegro (Flag) (2023)

Exports from Montenegro (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Montenegro
Top DestinationItaly$576M

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 2023, countries that imported more from Chinese Taipei than Montenegro included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Montenegro than Chinese Taipei included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and Albania ($25.3M).

Difference in imports from Montenegro (Flag) and Chinese Taipei (Flag) (2023)

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 2023, Chinese Taipei had a large net trade with Montenegro in the exports of Machines ($5.6M), Textiles ($2.67M), and Metals ($2.07M).

During 2018, Montenegro had a large net trade with Chinese Taipei in the exports of Instruments ($35.7k), Foodstuffs ($20.8k), and Machines ($7.74k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Montenegro (Flag) (2023)

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