2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC 
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Montenegro-Kazakhstan Trade: In 2022, Montenegro exported $1.16M to Kazakhstan. The main products that Montenegro exported to Kazakhstan were Packaged Medicaments ($635k), Fireworks ($188k), and Aircraft Parts ($116k). Over the past 5 years the exports of Montenegro to Kazakhstan have decreased at an annualized rate of 3.16%, from $1.36M in 2017 to $1.16M in 2022.

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

Kazakhstan-Montenegro Trade: In 2022, Kazakhstan exported $14.4M to Montenegro. The main products that Kazakhstan exported to Montenegro were Raw Aluminium ($14M), Broadcasting Equipment ($160k), and Petroleum Gas ($46k). Over the past 5 years the exports of Kazakhstan to Montenegro have increased at an annualized rate of 166%,  from $107k in 2017 to $14.4M in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $1.16M to Kazakhstan. The main products exported from Montenegro to Kazakhstan were Packaged Medicaments ($635k), Fireworks ($188k), and Aircraft Parts ($116k). During the last 5 years the exports of Montenegro to Kazakhstan have decreased at an annualized rate of 3.16%, from $1.36M in 2017 to $1.16M in 2022.

In 2017, Kazakhstan exported $14.4M to Montenegro. The main products exported from Kazakhstan to Montenegro were Raw Aluminium ($14M), Broadcasting Equipment ($160k), and Petroleum Gas ($46k). During the last 5 years the exports of Kazakhstan to Montenegro have increased at an annualized rate of 166%, from $107k in 2022 to $14.4M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Kazakhstan (Flag)

Montenegro Exports

Kazakhstan Exports

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Kazakhstan
Top Destination
China$13.4B

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

In 2022, countries that imported more from Montenegro than Kazakhstan included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

In 2022, countries that imported more from Kazakhstan than Montenegro included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

Comparative Advantage Montenegro - Kazakhstan

Flow
Scale

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

During 2022, Montenegro had a large net trade with Kazakhstan in the exports of Chemical Products ($824k), Transportation ($116k), and Plastics and Rubbers ($115k).

During 2017, Kazakhstan had a large net trade with Montenegro in the exports of Metals ($14M), Machines ($162k), and Textiles ($94.6k).

Economic Complexity

Competitive Landscape

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

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

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