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2022
Flag → Flag
Exports $293kRnk 56 / 123
2022
Flag → Flag
Top Product $255kAircraft Parts
2022
Flag → Flag
Exports $9.54MRnk 87 / 139
2022
Flag → Flag
Top Product $2.42MKnit T-shirts
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Montenegro-Bangladesh Trade: In 2022, Montenegro exported $293k to Bangladesh. The main products that Montenegro exported to Bangladesh were Aircraft Parts ($255k) and Fireworks ($37.9k). Over the past 6 years the exports of Montenegro to Bangladesh have decreased at an annualized rate of 33%, from $3.22M in 2016 to $293k in 2022.

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

Bangladesh-Montenegro Trade: In 2022, Bangladesh exported $9.54M to Montenegro. The main products that Bangladesh exported to Montenegro were Knit T-shirts ($2.42M), Knit Sweaters ($1.37M), and Non-Knit Men's Suits ($1.02M). Over the past 6 years the exports of Bangladesh to Montenegro have increased at an annualized rate of 1.94%,  from $8.67M in 2016 to $9.54M in 2022.

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

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $293k to Bangladesh. The main products exported from Montenegro to Bangladesh were Aircraft Parts ($255k) and Fireworks ($37.9k). During the last 6 years the exports of Montenegro to Bangladesh have decreased at an annualized rate of 33%, from $3.22M in 2016 to $293k in 2022.

In 2017, Bangladesh exported $9.54M to Montenegro. The main products exported from Bangladesh to Montenegro were Knit T-shirts ($2.42M), Knit Sweaters ($1.37M), and Non-Knit Men's Suits ($1.02M). During the last 5 years the exports of Bangladesh to Montenegro have increased at an annualized rate of 1.94%, from $8.67M in 2022 to $9.54M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Bangladesh (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Montenegro than Bangladesh included Bosnia and Herzegovina ($95.5M), Albania ($21.9M), and Serbia ($159M).

In 2022, countries that imported more from Bangladesh than Montenegro included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Montenegro - Bangladesh

Flow
Scale

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

During 2022, Montenegro had a large net trade with Bangladesh in the exports of Transportation ($255k) and Chemical Products ($37.9k).

During 2017, Bangladesh had a large net trade with Montenegro in the exports of Textiles ($9.02M), Footwear and Headwear ($307k), and Animal Products ($156k).

Economic Complexity

Competitive Landscape

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

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

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