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2023
Flag → Flag
Exports $41.5MRnk 8 / 130
2023
Flag → Flag
Top Product $32.9MAluminium Ore
2023
Flag → Flag
Exports $471MRnk 153 / 208
2023
Flag → Flag
Top Product $44.9MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC $12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195
2023
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GDP PC$12,614CURRENT US$
Rnk 80 / 196
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195

About

Montenegro-China Trade: In 2023, Montenegro exported $41.5M to China. The main products that Montenegro exported to China were Aluminium Ore ($32.9M), Lead Ore ($3.89M), and Chemical Analysis Instruments ($3.43M). Over the past 5 years the exports of Montenegro to China have increased at an annualized rate of 16.7%, from $19.1M in 2018 to $41.5M in 2023.

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

China-Montenegro Trade: In 2023, China exported $471M to Montenegro. The main products that China exported to Montenegro were Broadcasting Equipment ($44.9M), Computers ($22.1M), and Non-Knit Women's Suits ($21.6M). Over the past 5 years the exports of China to Montenegro have increased at an annualized rate of 8.25%,  from $317M in 2018 to $471M in 2023.

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

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $41.5M to China. The main products exported from Montenegro to China were Aluminium Ore ($32.9M), Lead Ore ($3.89M), and Chemical Analysis Instruments ($3.43M). During the last 5 years the exports of Montenegro to China have increased at an annualized rate of 16.7%, from $19.1M in 2018 to $41.5M in 2023.

In 2018, China exported $471M to Montenegro. The main products exported from China to Montenegro were Broadcasting Equipment ($44.9M), Computers ($22.1M), and Non-Knit Women's Suits ($21.6M). During the last 5 years the exports of China to Montenegro have increased at an annualized rate of 8.25%, from $317M in 2023 to $471M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and China (Flag)

Montenegro Exports

China Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
China
Top DestinationUnited States$436B

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 2023, no countries were registered that imported more from Montenegro than from China.

In 2023, countries that imported more from China than Montenegro included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

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 2023, Montenegro had a large net trade with China in the exports of Mineral Products ($36.9M), Instruments ($3.43M), and Foodstuffs ($558k).

During 2018, China had a large net trade with Montenegro in the exports of Machines ($216M), Textiles ($56.5M), and Miscellaneous ($39.1M).

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) (2023)

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