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2022
Flag → Flag
Exports $53.7MRnk 7 / 123
2022
Flag → Flag
Top Product $41.4MAluminium Ore
2022
Flag → Flag
Exports $387MRnk 157 / 211
2022
Flag → Flag
Top Product $58.5MRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
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 GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
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GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
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GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
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GDP PC$12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

Montenegro-China Trade: In 2022, Montenegro exported $53.7M to China. The main products that Montenegro exported to China were Aluminium Ore ($41.4M), Raw Aluminium ($4.83M), and Chemical Analysis Instruments ($3.75M). Over the past 5 years the exports of Montenegro to China have decreased at an annualized rate of 3.28%, from $63.4M in 2017 to $53.7M in 2022.

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

China-Montenegro Trade: In 2022, China exported $387M to Montenegro. The main products that China exported to Montenegro were Raw Aluminium ($58.5M), Polyacetals ($25.1M), and Broadcasting Equipment ($22.6M). Over the past 5 years the exports of China to Montenegro have increased at an annualized rate of 6.71%,  from $280M in 2017 to $387M in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $53.7M to China. The main products exported from Montenegro to China were Aluminium Ore ($41.4M), Raw Aluminium ($4.83M), and Chemical Analysis Instruments ($3.75M). During the last 5 years the exports of Montenegro to China have decreased at an annualized rate of 3.28%, from $63.4M in 2017 to $53.7M in 2022.

In 2017, China exported $387M to Montenegro. The main products exported from China to Montenegro were Raw Aluminium ($58.5M), Polyacetals ($25.1M), and Broadcasting Equipment ($22.6M). During the last 5 years the exports of China to Montenegro have increased at an annualized rate of 6.71%, from $280M in 2022 to $387M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and China (Flag)

Montenegro Exports

China Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
China
Top DestinationUnited States$551B

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

In 2022, countries that imported more from Montenegro than China included Northern Mariana Islands ($105).

In 2022, countries that imported more from China than Montenegro included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Montenegro - China

Flow
Scale

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

During 2022, Montenegro had a large net trade with China in the exports of Mineral Products ($42M), Metals ($4.86M), and Instruments ($3.76M).

During 2017, China had a large net trade with Montenegro in the exports of Machines ($131M), Metals ($88.1M), and Textiles ($40.8M).

Economic Complexity

Competitive Landscape

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

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

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