2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC 
$12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Montenegro-Gibraltar Trade: In 2018, Montenegro exported $124 to Gibraltar. The main products that Montenegro exported to Gibraltar were N/A. Over the past 9 years the exports of Montenegro to Gibraltar have decreased at an annualized rate of 48.5%, from $48.5k in 2009 to $124 in 2018.

In 2018, Montenegro did not export any services to Gibraltar.

Gibraltar-Montenegro Trade: In 2018, Gibraltar exported $1.85k to Montenegro. The main products that Gibraltar exported to Montenegro were N/A. Over the past 9 years the exports of Gibraltar to Montenegro have increased at an annualized rate of 8.99%,  from $1.2k in 2009 to $1.85k in 2018.

In 2018, Gibraltar did not export any services to Montenegro.

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B). That same year, Gibraltar ranked 177 in total exports ($296M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Montenegro exported $124 to Gibraltar. There were not main exports from Montenegro to Gibraltar in 2018. During the last 9 years the exports of Montenegro to Gibraltar have decreased at an annualized rate of 48.5%, from $48.5k in 2009 to $124 in 2018.

In 2011, Gibraltar exported $1.85k to Montenegro. There were not main exports from Gibraltar to Montenegro in 2011. During the last 5 years the exports of Gibraltar to Montenegro have increased at an annualized rate of 8.99%, from $1.2k in 2016 to $1.85k in 2011.

Exports from Montenegro (Flag) to Gibraltar (Flag) (2018)

Exports from Gibraltar (Flag) to Montenegro (Flag) (2018)

Latest Data

Trade between Montenegro (Flag) and Gibraltar (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Gibraltar
Top Destination
Netherlands$113M

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

In 2023, countries that imported more from Montenegro than Gibraltar included Italy ($576M), Serbia ($202M), and Spain ($91.1M).

In 2023, countries that imported more from Gibraltar than Montenegro included Netherlands ($113M), France ($78.3M), and Cyprus ($20.9M).

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

Comparative Advantage Montenegro - Gibraltar

Flow
Scale

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

During 2018, Montenegro had a large net trade with Gibraltar in the exports of N/A.

During 2011, Gibraltar had a large net trade with Montenegro in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Gibraltar (Flag) (2018)

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