2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 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
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

In N/A, Montenegro did not export any services to Mongolia.

Mongolia-Montenegro In N/A, Mongolia did not export any products to Montenegro.

In N/A, Mongolia 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, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

Montenegro does not register exports to Mongolia. The main products exported from Montenegro to Mongolia were Packaged Medicaments ($156k), Air Conditioners ($1k), and Low-voltage Protection Equipment ($447).

Mongolia does not register exports to Montenegro. The main products exported from Mongolia to Montenegro were Knit Sweaters ($15).

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

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

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Mongolia
Top Destination
China$10.6B

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

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

In 2022, countries that imported more from Mongolia than Montenegro included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

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

Comparative Advantage Montenegro - Mongolia

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

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

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