2023
Flag  
GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 195
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 
$6,729CURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Moldova-Montenegro Trade: In 2023, Moldova exported $785k to Montenegro. The main products that Moldova exported to Montenegro were Glass Bottles ($209k), Metal Stoppers ($165k), and Other Nuts ($116k). Over the past 5 years the exports of Moldova to Montenegro have increased at an annualized rate of 12.4%, from $438k in 2018 to $785k in 2023.

In 2023, Moldova did not export any services to Montenegro.

Montenegro-Moldova Trade: In 2023, Montenegro exported $309k to Moldova. The main products that Montenegro exported to Moldova were Packaged Medicaments ($178k), Glass Bottles ($119k), and Hard Liquor ($5.47k). Over the past 5 years the exports of Montenegro to Moldova have increased at an annualized rate of 62.9%,  from $27k in 2018 to $309k in 2023.

In 2023, Montenegro did not export any services to Moldova.

Comparison In 2023,  Moldova ranked 68 in the Economic Complexity Index (ECI -0.13),  and 131 in total exports ($4.81B). 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, Moldova exported $785k to Montenegro. The main products exported from Moldova to Montenegro were Glass Bottles ($209k), Metal Stoppers ($165k), and Other Nuts ($116k). During the last 5 years the exports of Moldova to Montenegro have increased at an annualized rate of 12.4%, from $438k in 2018 to $785k in 2023.

In 2018, Montenegro exported $309k to Moldova. The main products exported from Montenegro to Moldova were Packaged Medicaments ($178k), Glass Bottles ($119k), and Hard Liquor ($5.47k). During the last 5 years the exports of Montenegro to Moldova have increased at an annualized rate of 62.9%, from $27k in 2023 to $309k in 2018.

Exports from Moldova (Flag) to Montenegro (Flag) (2023)

Exports from Montenegro (Flag) to Moldova (Flag) (2023)

Latest Data

Trade between Moldova (Flag) and Montenegro (Flag)

Moldova Exports

Montenegro Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.5B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Moldova than Montenegro included Romania ($1.5B), Ukraine ($616M), and Germany ($279M).

In 2023, countries that imported more from Montenegro than Moldova included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

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

Comparative Advantage Moldova - Montenegro

Flow
Scale

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

During 2023, Moldova had a large net trade with Montenegro in the exports of Stone And Glass ($241k), Metals ($165k), and Vegetable Products ($160k).

During 2018, Montenegro had a large net trade with Moldova in the exports of Chemical Products ($178k), Stone And Glass ($119k), and Foodstuffs ($5.47k).

Economic Complexity

Competitive Landscape

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

Product Space of Moldova (Flag) and Montenegro (Flag) (2023)

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