2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 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 
$40,396CURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195
2023
Flag
GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Malta-Montenegro Trade: In 2023, Malta exported $84.1k to Montenegro. The main products that Malta exported to Montenegro were Rolled Tobacco ($26.7k), Eyewear ($8.67k), and Vacuum Flask ($8.2k). Over the past 5 years the exports of Malta to Montenegro have decreased at an annualized rate of 39%, from $994k in 2018 to $84.1k in 2023.

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

Montenegro-Malta Trade: In 2023, Montenegro exported $1.27M to Malta. The main products that Montenegro exported to Malta were Limestone ($669k), Gravel and Crushed Stone ($595k), and Industrial Fatty Acids, Oils and Alcohols ($3.49k). Over the past 5 years the exports of Montenegro to Malta have increased at an annualized rate of 36.7%,  from $267k in 2018 to $1.27M in 2023.

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

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B). 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 2023, Malta exported $84.1k to Montenegro. The main products exported from Malta to Montenegro were Rolled Tobacco ($26.7k), Eyewear ($8.67k), and Vacuum Flask ($8.2k). During the last 5 years the exports of Malta to Montenegro have decreased at an annualized rate of 39%, from $994k in 2018 to $84.1k in 2023.

In 2018, Montenegro exported $1.27M to Malta. The main products exported from Montenegro to Malta were Limestone ($669k), Gravel and Crushed Stone ($595k), and Industrial Fatty Acids, Oils and Alcohols ($3.49k). During the last 5 years the exports of Montenegro to Malta have increased at an annualized rate of 36.7%, from $267k in 2023 to $1.27M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Montenegro (Flag)

Malta Exports

Montenegro Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Malta than Montenegro included Nigeria ($2.26B), Germany ($849M), and China ($494M).

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

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

Comparative Advantage Malta - Montenegro

Flow
Scale

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

During 2023, Malta had a large net trade with Montenegro in the exports of Foodstuffs ($26.7k), Machines ($19.4k), and Instruments ($8.67k).

During 2018, Montenegro had a large net trade with Malta in the exports of Mineral Products ($1.26M), Chemical Products ($3.51k), and Textiles ($3.34k).

Economic Complexity

Competitive Landscape

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

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

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