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2023
Flag → Flag
Exports $28.1MRnk 13 / 130
2023
Flag → Flag
Top Product $26.5MCopper Ore
2023
Flag → Flag
Exports $42.5MRnk 121 / 221
2023
Flag → Flag
Top Product $37.2MRaw Aluminium
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 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$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Montenegro-Malaysia Trade: In 2023, Montenegro exported $28.1M to Malaysia. The main products that Montenegro exported to Malaysia were Copper Ore ($26.5M), Explosive Ammunition ($1.12M), and Military Weapons ($462k). Over the past 5 years the exports of Montenegro to Malaysia have increased at an annualized rate of 319%, from $21.8k in 2018 to $28.1M in 2023.

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

Malaysia-Montenegro Trade: In 2023, Malaysia exported $42.5M to Montenegro. The main products that Malaysia exported to Montenegro were Raw Aluminium ($37.2M), Air Conditioners ($995k), and Broadcasting Equipment ($680k). Over the past 5 years the exports of Malaysia to Montenegro have increased at an annualized rate of 30.9%,  from $11.1M in 2018 to $42.5M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $28.1M to Malaysia. The main products exported from Montenegro to Malaysia were Copper Ore ($26.5M), Explosive Ammunition ($1.12M), and Military Weapons ($462k). During the last 5 years the exports of Montenegro to Malaysia have increased at an annualized rate of 319%, from $21.8k in 2018 to $28.1M in 2023.

In 2018, Malaysia exported $42.5M to Montenegro. The main products exported from Malaysia to Montenegro were Raw Aluminium ($37.2M), Air Conditioners ($995k), and Broadcasting Equipment ($680k). During the last 5 years the exports of Malaysia to Montenegro have increased at an annualized rate of 30.9%, from $11.1M in 2023 to $42.5M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Malaysia (Flag)

Montenegro Exports

Malaysia Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Malaysia
Top DestinationChina$79.8B

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

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

In 2023, countries that imported more from Malaysia than Montenegro included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Montenegro - Malaysia

Flow
Scale

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

During 2023, Montenegro had a large net trade with Malaysia in the exports of Mineral Products ($26.5M), Weapons ($1.58M), and Foodstuffs ($27.9k).

During 2018, Malaysia had a large net trade with Montenegro in the exports of Metals ($37.3M), Machines ($3.7M), and Plastics and Rubbers ($337k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Malaysia (Flag) (2023)

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