2022
Flag  
GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 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 
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 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

Kazakhstan-Montenegro Trade: In 2022, Kazakhstan exported $14.4M to Montenegro. The main products that Kazakhstan exported to Montenegro were Raw Aluminium ($14M), Broadcasting Equipment ($160k), and Petroleum Gas ($46k). Over the past 5 years the exports of Kazakhstan to Montenegro have increased at an annualized rate of 166%, from $107k in 2017 to $14.4M in 2022.

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

Montenegro-Kazakhstan Trade: In 2022, Montenegro exported $1.16M to Kazakhstan. The main products that Montenegro exported to Kazakhstan were Packaged Medicaments ($635k), Fireworks ($188k), and Aircraft Parts ($116k). Over the past 5 years the exports of Montenegro to Kazakhstan have decreased at an annualized rate of 3.16%,  from $1.36M in 2017 to $1.16M in 2022.

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

Comparison In 2022,  Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17),  and 45 in total exports ($98.7B). 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, Kazakhstan exported $14.4M to Montenegro. The main products exported from Kazakhstan to Montenegro were Raw Aluminium ($14M), Broadcasting Equipment ($160k), and Petroleum Gas ($46k). During the last 5 years the exports of Kazakhstan to Montenegro have increased at an annualized rate of 166%, from $107k in 2017 to $14.4M in 2022.

In 2017, Montenegro exported $1.16M to Kazakhstan. The main products exported from Montenegro to Kazakhstan were Packaged Medicaments ($635k), Fireworks ($188k), and Aircraft Parts ($116k). During the last 5 years the exports of Montenegro to Kazakhstan have decreased at an annualized rate of 3.16%, from $1.36M in 2022 to $1.16M in 2017.

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

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

Latest Data

Trade between Kazakhstan (Flag) and Montenegro (Flag)

Kazakhstan Exports

Montenegro Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Kazakhstan than Montenegro included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

In 2022, countries that imported more from Montenegro than Kazakhstan included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

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

Comparative Advantage Kazakhstan - Montenegro

Flow
Scale

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

During 2022, Kazakhstan had a large net trade with Montenegro in the exports of Metals ($14M), Machines ($162k), and Textiles ($94.6k).

During 2017, Montenegro had a large net trade with Kazakhstan in the exports of Chemical Products ($824k), Transportation ($116k), and Plastics and Rubbers ($115k).

Economic Complexity

Competitive Landscape

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

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

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