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2022
Flag → Flag
Exports $363kRnk 53 / 123
2022
Flag → Flag
Top Product $303kTransmissions
2022
Flag → Flag
Exports $33.5MRnk 145 / 211
2022
Flag → Flag
Top Product $6.48MCars
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
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 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
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GDP PC$33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Montenegro-Japan Trade: In 2022, Montenegro exported $363k to Japan. The main products that Montenegro exported to Japan were Transmissions ($303k), Wine ($26.2k), and Low-voltage Protection Equipment ($8.72k). Over the past 5 years the exports of Montenegro to Japan have decreased at an annualized rate of 24.8%, from $1.51M in 2017 to $363k in 2022.

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

Japan-Montenegro Trade: In 2022, Japan exported $33.5M to Montenegro. The main products that Japan exported to Montenegro were Cars ($6.48M), Large Construction Vehicles ($5.12M), and Delivery Trucks ($4.65M). Over the past 5 years the exports of Japan to Montenegro have decreased at an annualized rate of 8.02%,  from $50.9M in 2017 to $33.5M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $363k to Japan. The main products exported from Montenegro to Japan were Transmissions ($303k), Wine ($26.2k), and Low-voltage Protection Equipment ($8.72k). During the last 5 years the exports of Montenegro to Japan have decreased at an annualized rate of 24.8%, from $1.51M in 2017 to $363k in 2022.

In 2017, Japan exported $33.5M to Montenegro. The main products exported from Japan to Montenegro were Cars ($6.48M), Large Construction Vehicles ($5.12M), and Delivery Trucks ($4.65M). During the last 5 years the exports of Japan to Montenegro have decreased at an annualized rate of 8.02%, from $50.9M in 2022 to $33.5M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Japan (Flag)

Montenegro Exports

Japan Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Japan
Top DestinationUnited States$137B

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 2022, countries that imported more from Montenegro than Japan included Bosnia and Herzegovina ($95.5M), Albania ($21.9M), and San Marino ($2.1M).

In 2022, countries that imported more from Japan than Montenegro included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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 2022, Montenegro had a large net trade with Japan in the exports of Machines ($316k), Foodstuffs ($27.3k), and Textiles ($9.37k).

During 2017, Japan had a large net trade with Montenegro in the exports of Transportation ($12.8M), Machines ($10.9M), and Metals ($4.65M).

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) (2022)

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