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2022
Flag → Flag
Exports $9.55MRnk 22 / 123
2022
Flag → Flag
Top Product $9.49MExplosive Ammunition
2022
Flag → Flag
Exports $8.99MRnk 156 / 216
2022
Flag → Flag
Top Product $2.47MRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
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GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
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GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
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 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
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GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
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GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
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GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
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GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Montenegro-Indonesia In 2022, Montenegro exported $9.55M to Indonesia. The main products that Montenegro exported to Indonesia are Explosive Ammunition ($9.49M), Centrifuges ($51.6k), and Electric Motors ($1.68k). During the last 11 years the exports of Montenegro to Indonesia have increased at an annualized rate of 125%, from $1.28k in 2011 to $9.55M in 2022.

In 2022, Montenegro did not export any services to Indonesia.

Indonesia-Montenegro In 2022, Indonesia exported $8.99M to Montenegro. The main products that Indonesia exported to Montenegro were Raw Aluminium ($2.47M), Leather Footwear ($881k), and Processed Fish ($725k). During the last 11 years the exports of Indonesia to Montenegro have increased at an annualized rate of 18.8%, from $1.36M in 2011 to $8.99M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $9.55M to Indonesia. The main products exported from Montenegro to Indonesia were Explosive Ammunition ($9.49M), Centrifuges ($51.6k), and Electric Motors ($1.68k). During the last 11 years the exports of Montenegro to Indonesia have increased at an annualized rate of 125%, from $1.28k in 2011 to $9.55M in 2022.

In 2022, Indonesia exported $8.99M to Montenegro. The main products exported from Indonesia to Montenegro were Raw Aluminium ($2.47M), Leather Footwear ($881k), and Processed Fish ($725k). During the last 16 years the exports of Indonesia to Montenegro have increased at an annualized rate of 18.8%, from $1.36M in 2006 to $8.99M in 2022.

Exports from Montenegro (Flag) to Indonesia (Flag) (2022)

Exports from Indonesia (Flag) to Montenegro (Flag) (2022)

Latest Data

Trade between Montenegro (Flag) and Indonesia (Flag)

Montenegro Exports

Indonesia Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Indonesia
Top DestinationChina$67.7B

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

In 2021, countries that imported more from Montenegro than Indonesia were Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Albania ($21.9M).

In 2021, countries that imported more from Indonesia than Montenegro were China ($67.7B), United States ($31.6B), and Japan ($26.6B).

Difference in imports from Indonesia (Flag) and Montenegro (Flag) (2022)

Comparative Advantage Montenegro - Indonesia

Flow
Scale

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

During 2022, Montenegro had a large net trade with Indonesia in the exports of Weapons ($9.49M), Machines ($56.1k), and Footwear and Headwear ($988).

During 2022, Indonesia had a large net trade with Montenegro in the exports of Metals ($2.5M), Footwear and Headwear ($2.09M), and Foodstuffs ($934k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Montenegro has comparative advantage over Indonesia. Similarly, the more yellow a dot/product is, the more Indonesia has comparative advantage over Montenegro.

Product Space of Montenegro (Flag) and Indonesia (Flag) (2022)

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