2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$42.3BCURRENT US$
Rnk 99 / 195
2013-2023
Flag
GDP GROWTH
114%CURRENT US$
Rnk 10 / 195
2023
Flag
GDP PC 
$12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC
$2,430CURRENT US$
Rnk 150 / 196
2013-2023
Flag
GDP PC GROWTH
86.1%CURRENT US$
Rnk 13 / 195

About

Montenegro-Cambodia Trade: In 2023, Montenegro exported $11.5k to Cambodia. The main products that Montenegro exported to Cambodia were Surveying Equipment ($4.6k), Non-Knit Women's Suits ($3.05k), and Documents of title (bonds etc) and unused stamps ($2.31k). Over the past 11 years the exports of Montenegro to Cambodia have decreased at an annualized rate of 7.02%, from $25.7k in 2012 to $11.5k in 2023.

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

Cambodia-Montenegro Trade: In 2023, Cambodia exported $3.3M to Montenegro. The main products that Cambodia exported to Montenegro were Non-Knit Women's Suits ($468k), Non-Knit Active Wear ($385k), and Non-Knit Men's Undergarments ($330k). Over the past 11 years the exports of Cambodia to Montenegro have increased at an annualized rate of 11%,  from $1.96M in 2012 to $3.3M in 2023.

In 2023, Cambodia 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, Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $11.5k to Cambodia. The main products exported from Montenegro to Cambodia were Surveying Equipment ($4.6k), Non-Knit Women's Suits ($3.05k), and Documents of title (bonds etc) and unused stamps ($2.31k). During the last 11 years the exports of Montenegro to Cambodia have decreased at an annualized rate of 7.02%, from $25.7k in 2012 to $11.5k in 2023.

In 2018, Cambodia exported $3.3M to Montenegro. The main products exported from Cambodia to Montenegro were Non-Knit Women's Suits ($468k), Non-Knit Active Wear ($385k), and Non-Knit Men's Undergarments ($330k). During the last 5 years the exports of Cambodia to Montenegro have increased at an annualized rate of 11%, from $1.96M in 2023 to $3.3M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Cambodia (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Cambodia
Top Destination
United States$12.2B

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

In 2023, countries that imported more from Montenegro than Cambodia included Serbia ($202M), Italy ($576M), and Bosnia and Herzegovina ($67.5M).

In 2023, countries that imported more from Cambodia than Montenegro included United States ($12.2B), Germany ($2.1B), and China ($1.96B).

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

Comparative Advantage Montenegro - Cambodia

Flow
Scale

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

During 2023, Montenegro had a large net trade with Cambodia in the exports of Instruments ($4.6k), Textiles ($4k), and Paper Goods ($2.31k).

During 2018, Cambodia had a large net trade with Montenegro in the exports of Textiles ($2.4M), Footwear and Headwear ($514k), and Foodstuffs ($177k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with