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2023
Flag → Flag
Exports $147kRnk 65 / 130
2023
Flag → Flag
Top Product $99.3kTransmissions
2023
Flag → Flag
Exports $33.2MRnk 147 / 211
2023
Flag → Flag
Top Product $12MCars
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 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$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195

About

Montenegro-Japan Trade: In 2023, Montenegro exported $147k to Japan. The main products that Montenegro exported to Japan were Transmissions ($99.3k), Wine ($17.5k), and Knit Sweaters ($4.24k). Over the past 5 years the exports of Montenegro to Japan have decreased at an annualized rate of 15.6%, from $344k in 2018 to $147k in 2023.

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

Japan-Montenegro Trade: In 2023, Japan exported $33.2M to Montenegro. The main products that Japan exported to Montenegro were Cars ($12M), Large Coated Flat-Rolled Iron ($2.84M), and Large Construction Vehicles ($2.26M). Over the past 5 years the exports of Japan to Montenegro have decreased at an annualized rate of 3.09%,  from $38.8M in 2018 to $33.2M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $147k to Japan. The main products exported from Montenegro to Japan were Transmissions ($99.3k), Wine ($17.5k), and Knit Sweaters ($4.24k). During the last 5 years the exports of Montenegro to Japan have decreased at an annualized rate of 15.6%, from $344k in 2018 to $147k in 2023.

In 2018, Japan exported $33.2M to Montenegro. The main products exported from Japan to Montenegro were Cars ($12M), Large Coated Flat-Rolled Iron ($2.84M), and Large Construction Vehicles ($2.26M). During the last 5 years the exports of Japan to Montenegro have decreased at an annualized rate of 3.09%, from $38.8M in 2023 to $33.2M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Japan (Flag)

Montenegro Exports

Japan Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Japan
Top DestinationUnited States$143B

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

In 2023, no countries were registered that imported more from Montenegro than from Japan.

In 2023, countries that imported more from Japan than Montenegro included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Montenegro - Japan

Flow
Scale

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

During 2023, Montenegro had a large net trade with Japan in the exports of Machines ($104k), Foodstuffs ($17.7k), and Textiles ($14.5k).

During 2018, Japan had a large net trade with Montenegro in the exports of Transportation ($15.8M), Machines ($9.12M), and Metals ($3.11M).

Economic Complexity

Competitive Landscape

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

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

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