2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 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
$5,563CURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP PC GROWTH
82.7%CURRENT US$
Rnk 14 / 186

About

Montenegro-Moldova Trade: In 2022, Montenegro exported $33.3k to Moldova. The main products that Montenegro exported to Moldova were Packaged Medicaments ($31.6k) and Transmissions ($1.64k). Over the past 5 years the exports of Montenegro to Moldova have decreased at an annualized rate of 7.62%, from $49.5k in 2017 to $33.3k in 2022.

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

Moldova-Montenegro Trade: In 2022, Moldova exported $413k to Montenegro. The main products that Moldova exported to Montenegro were Glass Bottles ($139k), Honey ($78.4k), and Chocolate ($28.1k). Over the past 5 years the exports of Moldova to Montenegro have decreased at an annualized rate of 3.76%,  from $500k in 2017 to $413k in 2022.

In 2022, Moldova 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, Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $33.3k to Moldova. The main products exported from Montenegro to Moldova were Packaged Medicaments ($31.6k) and Transmissions ($1.64k). During the last 5 years the exports of Montenegro to Moldova have decreased at an annualized rate of 7.62%, from $49.5k in 2017 to $33.3k in 2022.

In 2017, Moldova exported $413k to Montenegro. The main products exported from Moldova to Montenegro were Glass Bottles ($139k), Honey ($78.4k), and Chocolate ($28.1k). During the last 5 years the exports of Moldova to Montenegro have decreased at an annualized rate of 3.76%, from $500k in 2022 to $413k in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Moldova (Flag)

Montenegro Exports

Moldova Exports

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Moldova
Top Destination
Romania$1.35B

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

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

In 2022, countries that imported more from Moldova than Montenegro included Romania ($1.35B), Ukraine ($729M), and Turkey ($309M).

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

Comparative Advantage Montenegro - Moldova

Flow
Scale

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

During 2022, Montenegro had a large net trade with Moldova in the exports of Chemical Products ($31.6k) and Machines ($1.64k).

During 2017, Moldova had a large net trade with Montenegro in the exports of Stone And Glass ($150k), Animal Products ($78.4k), and Foodstuffs ($72.8k).

Economic Complexity

Competitive Landscape

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

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

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