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

2022

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Exports $22.4MRnk 13 / 123

2022

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About

Montenegro-Hong Kong Trade: In 2022, Montenegro exported $22.4M to Hong Kong. The main products that Montenegro exported to Hong Kong were Raw Aluminium ($21.7M), Telephones ($352k), and Jewellery ($152k). Over the past 5 years the exports of Montenegro to Hong Kong have decreased at an annualized rate of 9.53%, from $36.9M in 2017 to $22.4M in 2022.

In 2022, Montenegro did not export any services to Hong Kong.

Hong Kong-Montenegro Trade: In 2022, Hong Kong exported $2.55M to Montenegro. The main products that Hong Kong exported to Montenegro were Frozen Bovine Meat ($2.02M), Base Metal Watches ($102k), and Other Footwear ($42.7k). Over the past 5 years the exports of Hong Kong to Montenegro have decreased at an annualized rate of 1.23%, from $2.71M in 2017 to $2.55M in 2022.

In 2022, Hong Kong did not export any services to Montenegro.

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

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 DestinationSouth Korea$321M

Hong Kong
Top DestinationChina$23.4B

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 2022, countries that imported more from Montenegro than Hong Kong included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Slovenia ($55M).

In 2022, countries that imported more from Hong Kong than Montenegro included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong () and Montenegro () (2022)

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.