2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 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
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

In N/A, Montenegro did not export any services to Guinea.

Guinea-Montenegro Trade: In N/A, Guinea exported $493 to Montenegro. The main products that Guinea exported to Montenegro were House Linens ($493). Over the past N/A years the exports of Guinea to Montenegro have decreased at an annualized rate of 23.4%,  from $1.87k in N/A to $493 in N/A.

In N/A, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

Montenegro does not register exports to Guinea.

In 2018, Guinea exported $493 to Montenegro. The main products exported from Guinea to Montenegro were House Linens ($493). During the last 5 years the exports of Guinea to Montenegro have decreased at an annualized rate of 23.4%, from $1.87k in 2023 to $493 in 2018.

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

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

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Guinea
Top Destination
United Arab Emirates$9.05B

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

In 2023, countries that imported more from Montenegro than Guinea included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

In 2023, countries that imported more from Guinea than Montenegro included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

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

Comparative Advantage Montenegro - Guinea

Flow
Scale

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

During 2018, Guinea had a large net trade with Montenegro in the exports of Textiles ($493).

Economic Complexity

Competitive Landscape

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

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

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