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
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Gibraltar-Montenegro Trade: In 2016, Gibraltar exported $1.85k to Montenegro. The main products that Gibraltar exported to Montenegro were N/A. Over the past 5 years the exports of Gibraltar to Montenegro have increased at an annualized rate of 8.99%, from $1.2k in 2011 to $1.85k in 2016.

In 2016, Gibraltar did not export any services to Montenegro.

Montenegro-Gibraltar Trade: In 2016, Montenegro exported $124 to Gibraltar. The main products that Montenegro exported to Gibraltar were N/A. Over the past 5 years the exports of Montenegro to Gibraltar have decreased at an annualized rate of 48.4%,  from $47.5k in 2011 to $124 in 2016.

In 2016, Montenegro did not export any services to Gibraltar.

Comparison In 2023,  Gibraltar ranked 177 in total exports ($296M). That same year, Montenegro ranked 151 in total exports ($1.53B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Gibraltar exported $1.85k to Montenegro. There were not main exports from Gibraltar to Montenegro in 2016. During the last 5 years the exports of Gibraltar to Montenegro have increased at an annualized rate of 8.99%, from $1.2k in 2011 to $1.85k in 2016.

In 2013, Montenegro exported $124 to Gibraltar. There were not main exports from Montenegro to Gibraltar in 2013. During the last 5 years the exports of Montenegro to Gibraltar have decreased at an annualized rate of 48.4%, from $47.5k in 2018 to $124 in 2013.

Exports from Gibraltar (Flag) to Montenegro (Flag) (2018)

Exports from Montenegro (Flag) to Gibraltar (Flag) (2018)

Latest Data

Trade between Gibraltar (Flag) and Montenegro (Flag)

Montenegro Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Netherlands$113M
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Gibraltar than Montenegro included Netherlands ($113M), France ($78.3M), and Cyprus ($20.9M).

In 2023, countries that imported more from Montenegro than Gibraltar included Italy ($576M), Serbia ($202M), and Spain ($91.1M).

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

Comparative Advantage Gibraltar - Montenegro

Flow
Scale

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

During 2016, Gibraltar had a large net trade with Montenegro in the exports of .

During 2013, Montenegro had a large net trade with Gibraltar in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Gibraltar (Flag) and Montenegro (Flag) (2018)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with