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2022
Flag → Flag
Exports $1.66kRnk 147 / 156
2022
Flag → Flag
Top Product $674Other Iron Products
2022
Flag → Flag
Exports $38.4kRnk 73 / 123
2022
Flag → Flag
Top Product $15kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag  
GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC $43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Kuwait-Montenegro Trade: In 2022, Kuwait exported $1.66k to Montenegro. The main products that Kuwait exported to Montenegro were Other Iron Products ($674), Copper Pipe Fittings ($533), and Ceramic Tableware ($285). Over the past 5 years the exports of Kuwait to Montenegro have decreased at an annualized rate of 48.7%, from $46.7k in 2017 to $1.66k in 2022.

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

Montenegro-Kuwait Trade: In 2022, Montenegro exported $47.7k to Kuwait. The main products that Montenegro exported to Kuwait were Motor vehicles; parts and accessories (8701 to 8705) ($15k), Valves ($6.97k), and Non-Knit Women's Suits ($6.17k). Over the past 5 years the exports of Montenegro to Kuwait have increased at an annualized rate of 40.6%,  from $8.67k in 2017 to $47.7k in 2022.

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

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44),  and 42 in total exports ($101B). 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, Kuwait exported $1.66k to Montenegro. The main products exported from Kuwait to Montenegro were Other Iron Products ($674), Copper Pipe Fittings ($533), and Ceramic Tableware ($285). During the last 5 years the exports of Kuwait to Montenegro have decreased at an annualized rate of 38.6%, from $161k in 2017 to $1.66k in 2022.

In 2017, Montenegro exported $47.7k to Kuwait. The main products exported from Montenegro to Kuwait were Motor vehicles; parts and accessories (8701 to 8705) ($15k), Valves ($6.97k), and Non-Knit Women's Suits ($6.17k). During the last 5 years the exports of Montenegro to Kuwait have increased at an annualized rate of 94.6%, from $1.37k in 2022 to $47.7k in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Montenegro (Flag)

Montenegro Exports

Market Competitiveness

Color
Kuwait
Top DestinationChina$24.3B
Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Kuwait than Montenegro included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Montenegro than Kuwait included Serbia ($159M), Switzerland ($116M), and Bosnia and Herzegovina ($95.5M).

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

Comparative Advantage Kuwait - Montenegro

Flow
Scale

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

During 2022, Kuwait had a large net trade with Montenegro in the exports of Metals ($1.21k), Stone And Glass ($285), and Footwear and Headwear ($168).

During 2017, Montenegro had a large net trade with Kuwait in the exports of Textiles ($16.6k), Transportation ($15k), and Machines ($10.4k).

Economic Complexity

Competitive Landscape

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

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

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