2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH
21.6%CURRENT US$
Rnk 135 / 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
$2,260CURRENT US$
Rnk 152 / 196
2013-2023
Flag
GDP PC GROWTH
-1.47%CURRENT US$
Rnk 154 / 195

About

Montenegro-Ghana Trade: In 2023, Montenegro exported $6.06k to Ghana. The main products that Montenegro exported to Ghana were Broadcasting Equipment ($4.87k), Non-Knit Men's Suits ($645), and Eyewear ($302). Over the past 5 years the exports of Montenegro to Ghana have increased at an annualized rate of 121%, from $114 in 2018 to $6.06k in 2023.

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

Ghana-Montenegro Trade: In 2023, Ghana exported $40.4k to Montenegro. The main products that Ghana exported to Montenegro were Cocoa Paste ($26.4k), Sawn Wood ($5.85k), and Basketwork ($3.64k). Over the past 5 years the exports of Ghana to Montenegro have increased at an annualized rate of 159%,  from $52 in 2018 to $40.4k in 2023.

In 2023, Ghana 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, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Latest Data

Trade between Montenegro (Flag) and Ghana (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Ghana
Top Destination
Switzerland$6.49B

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

In 2023, countries that imported more from Montenegro than Ghana included Serbia ($202M), Slovenia ($77.9M), and Bosnia and Herzegovina ($67.5M).

In 2023, countries that imported more from Ghana than Montenegro included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

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

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Ghana (Flag) (NaN)

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