2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 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
$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195

About

Montenegro-France Trade: In 2023, Montenegro exported $3.9M to France. The main products that Montenegro exported to France were Raw Aluminium ($1.33M), Electrical Power Accessories ($567k), and Low-voltage Protection Equipment ($435k). Over the past 5 years the exports of Montenegro to France have decreased at an annualized rate of 13.5%, from $8.07M in 2018 to $3.9M in 2023.

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

France-Montenegro Trade: In 2023, France exported $113M to Montenegro. The main products that France exported to Montenegro were Cars ($41.9M), Packaged Medicaments ($11.9M), and Delivery Trucks ($7.7M). Over the past 5 years the exports of France to Montenegro have increased at an annualized rate of 13.3%,  from $60.7M in 2018 to $113M in 2023.

In 2023, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $3.9M to France. The main products exported from Montenegro to France were Raw Aluminium ($1.33M), Electrical Power Accessories ($567k), and Low-voltage Protection Equipment ($435k). During the last 5 years the exports of Montenegro to France have decreased at an annualized rate of 13.5%, from $8.07M in 2018 to $3.9M in 2023.

In 2018, France exported $113M to Montenegro. The main products exported from France to Montenegro were Cars ($41.9M), Packaged Medicaments ($11.9M), and Delivery Trucks ($7.7M). During the last 5 years the exports of France to Montenegro have increased at an annualized rate of 13.3%, from $60.7M in 2023 to $113M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and France (Flag)

Montenegro Exports

France Exports

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
France
Top Destination
Germany$72.8B

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

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

In 2023, countries that imported more from France than Montenegro included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

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

Comparative Advantage Montenegro - France

Flow
Scale

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

During 2023, Montenegro had a large net trade with France in the exports of Machines ($1.4M), Metals ($1.37M), and Vegetable Products ($436k).

During 2018, France had a large net trade with Montenegro in the exports of Transportation ($54.7M), Chemical Products ($23.5M), and Machines ($9.92M).

Economic Complexity

Competitive Landscape

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

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

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