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2022
Flag → Flag
Exports $5.67MRnk 25 / 0
2022
Flag → Flag
Exports $3.43MRnk 142 / 205
2022
Flag → Flag
Top Product $423kNon-Knit Men's Suits
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 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$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195

About

Montenegro-Pakistan Trade: In 2022, Montenegro exported $5.67M to Pakistan. The main products that Montenegro exported to Pakistan were N/A. Over the past 5 years the exports of Montenegro to Pakistan have increased at an annualized rate of 88.6%, from $238k in 2017 to $5.67M in 2022.

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

Pakistan-Montenegro Trade: In 2022, Pakistan exported $3.43M to Montenegro. The main products that Pakistan exported to Montenegro were Non-Knit Men's Suits ($423k), House Linens ($378k), and Heavy Pure Woven Cotton ($370k). Over the past 5 years the exports of Pakistan to Montenegro have decreased at an annualized rate of 35.7%,  from $31.3M in 2017 to $3.43M in 2022.

In 2022, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $5.67M to Pakistan. There were not main exports from Montenegro to Pakistan in 2022. During the last 5 years the exports of Montenegro to Pakistan have increased at an annualized rate of 88.6%, from $238k in 2017 to $5.67M in 2022.

In 2018, Pakistan exported $3.43M to Montenegro. The main products exported from Pakistan to Montenegro were Non-Knit Men's Suits ($423k), House Linens ($378k), and Heavy Pure Woven Cotton ($370k). During the last 5 years the exports of Pakistan to Montenegro have decreased at an annualized rate of 35.7%, from $31.3M in 2023 to $3.43M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Pakistan (Flag)

Montenegro Exports

Pakistan Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Pakistan
Top DestinationUnited States$5.18B

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

In 2023, countries that imported more from Montenegro than Pakistan included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and Slovenia ($77.9M).

In 2023, countries that imported more from Pakistan than Montenegro included United States ($5.18B), United Arab Emirates ($3.7B), and China ($3.4B).

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

Comparative Advantage Montenegro - Pakistan

Flow
Scale

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

During 2022, Montenegro had a large net trade with Pakistan in the exports of .

During 2018, Pakistan had a large net trade with Montenegro in the exports of Textiles ($2.32M), Vegetable Products ($355k), and Miscellaneous ($235k).

Economic Complexity

Competitive Landscape

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

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

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