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2023
Flag → Flag
Exports $1.81MRnk 32 / 130
2023
Flag → Flag
Top Product $1.1MIron Pipes
2023
Flag → Flag
Exports $2.11MRnk 139 / 187
2023
Flag → Flag
Top Product $689kCars
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC $12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195

About

Montenegro-Morocco Trade: In 2023, Montenegro exported $1.81M to Morocco. The main products that Montenegro exported to Morocco were Iron Pipes ($1.1M), Valves ($315k), and Other Large Iron Pipes ($186k). Over the past 5 years the exports of Montenegro to Morocco have increased at an annualized rate of 180%, from $10.5k in 2018 to $1.81M in 2023.

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

Morocco-Montenegro Trade: In 2023, Morocco exported $2.11M to Montenegro. The main products that Morocco exported to Montenegro were Cars ($689k), Delivery Trucks ($431k), and Non-Knit Women's Suits ($131k). Over the past 5 years the exports of Morocco to Montenegro have increased at an annualized rate of 14.2%,  from $1.09M in 2018 to $2.11M in 2023.

In 2023, Morocco 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, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $1.81M to Morocco. The main products exported from Montenegro to Morocco were Iron Pipes ($1.1M), Valves ($315k), and Other Large Iron Pipes ($186k). During the last 5 years the exports of Montenegro to Morocco have increased at an annualized rate of 180%, from $10.5k in 2018 to $1.81M in 2023.

In 2018, Morocco exported $2.11M to Montenegro. The main products exported from Morocco to Montenegro were Cars ($689k), Delivery Trucks ($431k), and Non-Knit Women's Suits ($131k). During the last 5 years the exports of Morocco to Montenegro have increased at an annualized rate of 14.2%, from $1.09M in 2023 to $2.11M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Morocco (Flag)

Montenegro Exports

Morocco Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Morocco
Top DestinationSpain$9.8B

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 2023, countries that imported more from Montenegro than Morocco included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and Luxembourg ($30.4M).

In 2023, countries that imported more from Morocco than Montenegro included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

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

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 2023, Montenegro had a large net trade with Morocco in the exports of Metals ($1.37M), Machines ($324k), and Foodstuffs ($81k).

During 2018, Morocco had a large net trade with Montenegro in the exports of Transportation ($1.12M), Textiles ($350k), and Animal Products ($213k).

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) (2023)

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