Montenegro (MNE) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

2023

→

Exports $32.5MRnk 10 / 130

2023

→

About

Montenegro-Hong Kong Trade: In 2023, Montenegro exported $32.5M to Hong Kong. The main products that Montenegro exported to Hong Kong were Raw Aluminium ($30.9M), Rolled Tobacco ($1.22M), and Telephones ($123k). Over the past 5 years the exports of Montenegro to Hong Kong have increased at an annualized rate of 68.3%, from $2.4M in 2018 to $32.5M in 2023.

In 2023, Montenegro did not export any services to Hong Kong.

Hong Kong-Montenegro Trade: In 2023, Hong Kong exported $931k to Montenegro. The main products that Hong Kong exported to Montenegro were Base Metal Watches ($234k), Frozen Bovine Meat ($89.4k), and Chlorides ($62.3k). Over the past 5 years the exports of Hong Kong to Montenegro have decreased at an annualized rate of 21.7%, from $3.17M in 2018 to $931k in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Latest Data

Trade between Montenegro () and Hong Kong ()

Montenegro Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationItaly$576M

Hong Kong
Top DestinationChina$25.3B

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

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

In 2023, countries that imported more from Hong Kong than Montenegro included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong () and Montenegro () (2023)

Economic Complexity

Competitive Landscape

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