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2023
Flag → Flag
Exports $261kRnk 56 / 130
2023
Flag → Flag
Top Product $258kHard Liquor
2023
Flag → Flag
Exports $7.2kRnk 83 / 100
2023
Flag → Flag
Top Product $7.2kFloat Glass
2023
Flag
Economic Complexity (ECI) ECI -0.71Rnk 97 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC $12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH-16.3%CURRENT US$
Rnk 174 / 195

About

Montenegro-Iraq Trade: In 2023, Montenegro exported $261k to Iraq. The main products that Montenegro exported to Iraq were Hard Liquor ($258k), Non-Knit Women's Shirts ($1.35k), and Knit T-shirts ($769). Over the past 6 years the exports of Montenegro to Iraq have increased at an annualized rate of 32.4%, from $48.4k in 2017 to $261k in 2023.

In 2023, Montenegro did not export any services to Iraq.

Iraq-Montenegro Trade: In 2023, Iraq exported $7.2k to Montenegro. The main products that Iraq exported to Montenegro were Float Glass ($7.2k). Over the past 6 years the exports of Iraq to Montenegro have increased at an annualized rate of 14.9%,  from $3.59k in 2017 to $7.2k in 2023.

In 2023, Iraq 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, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $261k to Iraq. The main products exported from Montenegro to Iraq were Hard Liquor ($258k), Non-Knit Women's Shirts ($1.35k), and Knit T-shirts ($769). During the last 6 years the exports of Montenegro to Iraq have increased at an annualized rate of 32.4%, from $48.4k in 2017 to $261k in 2023.

In 2018, Iraq exported $7.2k to Montenegro. The main products exported from Iraq to Montenegro were Float Glass ($7.2k). During the last 5 years the exports of Iraq to Montenegro have increased at an annualized rate of 14.9%, from $3.59k in 2023 to $7.2k in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Iraq (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Iraq
Top DestinationChina$35.5B

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

In 2023, countries that imported more from Montenegro than Iraq included Slovenia ($77.9M), Bosnia and Herzegovina ($67.5M), and Sweden ($50.2M).

In 2023, countries that imported more from Iraq than Montenegro included China ($35.5B), India ($29.8B), and United States ($8.92B).

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

Comparative Advantage Montenegro - Iraq

Flow
Scale

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

During 2023, Montenegro had a large net trade with Iraq in the exports of Foodstuffs ($258k), Textiles ($2.12k), and Footwear and Headwear ($595).

During 2018, Iraq had a large net trade with Montenegro in the exports of Stone And Glass ($7.2k).

Economic Complexity

Competitive Landscape

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

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

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