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Pricing

2022
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Exports $33.5MRnk 145 / 211
2022
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Top Product $6.48MCars
2022
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Exports $363kRnk 53 / 123
2022
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Top Product $303kTransmissions
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
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GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
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GDP PC $33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%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 GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Japan-Montenegro In 2022, Japan exported $33.5M to Montenegro. The main products that Japan exported to Montenegro are Cars ($6.48M), Large Construction Vehicles ($5.12M), and Delivery Trucks ($4.65M). During the last 16 years the exports of Japan to Montenegro have increased at an annualized rate of 2.25%, from $23.5M in 2006 to $33.5M in 2022.

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

Montenegro-Japan In 2022, Montenegro exported $363k to Japan. The main products that Montenegro exported to Japan were Transmissions ($303k), Wine ($26.2k), and Low-voltage Protection Equipment ($8.72k). During the last 16 years the exports of Montenegro to Japan have increased at an annualized rate of 17.3%, from $28.4k in 2006 to $363k in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99),  and 4 in total exports ($728B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥26.2M and imported ¥253k from Montenegro, resulting in a positive trade balance of ¥26M. Between January 2023 and January 2024 the exports of Japan have increased by ¥3.02M (13%) from ¥23.2M to ¥26.2M, while imports decreased by ¥-580k (-69.6%) from ¥833k to ¥253k.

Trade In January 2024, the top exports of Japan to Montenegro were Rubber Tires (¥16.3M), Large Coated Flat-Rolled Iron (¥5.91M), and Fishing and Hunting Equipment (¥998k). In January 2024 the top imports of Japan from Montenegro were Transmissions (¥4.6M).

Origins In January 2024 the exports of Japan were mainly from Aichi (¥16.4M), Miyagi (¥8.91M), and Chiba (¥887k), while imports destinations were mainly N/A.

Growth In January 2024, the increase in Japan's year-by-year exports to Montenegro was explained primarily by an increase in product exports in . In December 2023, the decrease in Japan's year-by-year imports  from Montenegro was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥3.02M(13%)
IMPORT GROWTH (December 2022 - December 2023)¥-580k(-69.6%)
MAIN EXPORTER (January 2024)Aichi¥16.4M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Montenegro and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $33.5M to Montenegro. The main products exported from Japan to Montenegro were Cars ($6.48M), Large Construction Vehicles ($5.12M), and Delivery Trucks ($4.65M). During the last 16 years the exports of Japan to Montenegro have increased at an annualized rate of 2.25%, from $23.5M in 2006 to $33.5M in 2022.

In 2022, Montenegro exported $363k to Japan. The main products exported from Montenegro to Japan were Transmissions ($303k), Wine ($26.2k), and Low-voltage Protection Equipment ($8.72k). During the last 16 years the exports of Montenegro to Japan have increased at an annualized rate of 17.3%, from $28.4k in 2006 to $363k in 2022.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Montenegro
Top DestinationSouth Korea$321M

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

In 2021, countries that imported more from Japan than Montenegro were United States ($137B), China ($135B), and South Korea ($50.8B).

In 2021, countries that imported more from Montenegro than Japan were Bosnia and Herzegovina ($95.5M), Albania ($21.9M), and San Marino ($2.1M).

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

Comparative Advantage Japan - Montenegro

Flow
Scale

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

During 2022, Japan had a large net trade with Montenegro in the exports of Transportation ($12.8M), Machines ($10.9M), and Metals ($4.65M).

During 2022, Montenegro had a large net trade with Japan in the exports of Machines ($316k), Foodstuffs ($27.3k), and Textiles ($9.37k).

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

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

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