2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$46.1BCURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 100 / 195
2023
Flag
GDP PC 
$12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC
$29,219CURRENT US$
Rnk 48 / 196
2013-2023
Flag
GDP PC GROWTH
8.26%CURRENT US$
Rnk 140 / 195

About

Montenegro-Bahrain Trade: In 2023, Montenegro exported $12.4k to Bahrain. The main products that Montenegro exported to Bahrain were Fuel Wood ($9.38k), Other Edible Preparations ($1.5k), and Microphones and Headphones ($572). Over the past 5 years the exports of Montenegro to Bahrain have decreased at an annualized rate of 5%, from $16k in 2018 to $12.4k in 2023.

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

Bahrain-Montenegro Trade: In 2023, Bahrain exported $3.66M to Montenegro. The main products that Bahrain exported to Montenegro were Raw Aluminium ($3.62M), Knit T-shirts ($22.7k), and Non-Knit Men's Suits ($7.49k). Over the past 5 years the exports of Bahrain to Montenegro have increased at an annualized rate of 46.9%,  from $535k in 2018 to $3.66M in 2023.

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

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B). That same year, Bahrain ranked 81 in total exports ($19.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $12.4k to Bahrain. The main products exported from Montenegro to Bahrain were Fuel Wood ($9.38k), Other Edible Preparations ($1.5k), and Microphones and Headphones ($572). During the last 5 years the exports of Montenegro to Bahrain have decreased at an annualized rate of 5%, from $16k in 2018 to $12.4k in 2023.

In 2018, Bahrain exported $3.66M to Montenegro. The main products exported from Bahrain to Montenegro were Raw Aluminium ($3.62M), Knit T-shirts ($22.7k), and Non-Knit Men's Suits ($7.49k). During the last 5 years the exports of Bahrain to Montenegro have increased at an annualized rate of 46.9%, from $535k in 2023 to $3.66M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Bahrain (Flag)

Montenegro Exports

Bahrain Exports

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Bahrain
Top Destination
United Arab Emirates$3.12B

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

In 2023, countries that imported more from Montenegro than Bahrain included Italy ($576M), Serbia ($202M), and Bosnia and Herzegovina ($67.5M).

In 2023, countries that imported more from Bahrain than Montenegro included United Arab Emirates ($3.12B), Saudi Arabia ($2.96B), and South Africa ($1.52B).

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

Comparative Advantage Montenegro - Bahrain

Flow
Scale

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

During 2023, Montenegro had a large net trade with Bahrain in the exports of Wood Products ($9.38k), Foodstuffs ($1.5k), and Machines ($1.02k).

During 2018, Bahrain had a large net trade with Montenegro in the exports of Metals ($3.62M), Textiles ($44k), and Footwear and Headwear ($633).

Economic Complexity

Competitive Landscape

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

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

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