Montenegro / South Korea

Montenegro-South Korea Trade: In 2023, Montenegro exported $636k to South Korea. The main products that Montenegro exported to South Korea were Chlorates and Perchlorates ($613k), Hard Liquor ($13k), and Non-Knit Women's Suits ($2.87k). Over the past 5 years the exports of Montenegro to South Korea have decreased at an annualized rate of 22.5%, from $2.28M in 2018 to $636k in 2023.

In 2023, Montenegro did not export any services to South Korea.

South Korea-Montenegro Trade: In 2023, South Korea exported $22.5M to Montenegro. The main products that South Korea exported to Montenegro were Large Construction Vehicles ($7.44M), Air Conditioners ($3.17M), and Cars ($2.87M). Over the past 5 years the exports of South Korea to Montenegro have increased at an annualized rate of 1.65%,  from $20.8M in 2018 to $22.5M in 2023.

In 2023, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).