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2022
Flag → Flag
Exports $13.3kRnk 93 / 123
2022
Flag → Flag
Top Product $4.13kVideo Displays
2022
Flag → Flag
Exports $1.7MRnk 143 / 186
2022
Flag → Flag
Top Product $651kRaw Sugar
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Montenegro-Morocco Trade: In 2022, Montenegro exported $13.3k to Morocco. The main products that Montenegro exported to Morocco were Video Displays ($4.13k), Gas and Liquid Flow Measuring Instruments ($3.23k), and Insulated Wire ($2.46k). Over the past 5 years the exports of Montenegro to Morocco have increased at an annualized rate of 27.6%, from $3.94k in 2017 to $13.3k in 2022.

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

Morocco-Montenegro Trade: In 2022, Morocco exported $1.7M to Montenegro. The main products that Morocco exported to Montenegro were Raw Sugar ($651k), Molluscs ($202k), and Cars ($174k). Over the past 5 years the exports of Morocco to Montenegro have decreased at an annualized rate of 6.91%,  from $2.44M in 2017 to $1.7M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $13.3k to Morocco. The main products exported from Montenegro to Morocco were Video Displays ($4.13k), Gas and Liquid Flow Measuring Instruments ($3.23k), and Insulated Wire ($2.46k). During the last 5 years the exports of Montenegro to Morocco have increased at an annualized rate of 27.6%, from $3.94k in 2017 to $13.3k in 2022.

In 2017, Morocco exported $1.7M to Montenegro. The main products exported from Morocco to Montenegro were Raw Sugar ($651k), Molluscs ($202k), and Cars ($174k). During the last 5 years the exports of Morocco to Montenegro have decreased at an annualized rate of 6.91%, from $2.44M in 2022 to $1.7M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Morocco (Flag)

Montenegro Exports

Morocco Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Montenegro than Morocco included Serbia ($159M), South Korea ($321M), and Bosnia and Herzegovina ($95.5M).

In 2022, countries that imported more from Morocco than Montenegro included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Montenegro - Morocco

Flow
Scale

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

During 2022, Montenegro had a large net trade with Morocco in the exports of Machines ($9.59k), Instruments ($3.5k), and Vegetable Products ($94).

During 2017, Morocco had a large net trade with Montenegro in the exports of Foodstuffs ($702k), Textiles ($319k), and Animal Products ($289k).

Economic Complexity

Competitive Landscape

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

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

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