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2022
Flag → Flag
Exports $5.67MRnk 26 / 123
2022
Flag → Flag
Top Product $4.96MDried Legumes
2022
Flag → Flag
Exports $3.28MRnk 138 / 199
2022
Flag → Flag
Top Product $374kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH67.8%CURRENT US$
Rnk 31 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186

About

Montenegro-Pakistan Trade: In 2022, Montenegro exported $5.67M to Pakistan. The main products that Montenegro exported to Pakistan were Dried Legumes ($4.96M), Rubber ($284k), and Vegetable Tanning Extracts ($94.1k). 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 $3.28M to Montenegro. The main products that Pakistan exported to Montenegro were Packaged Medicaments ($374k), Rice ($367k), and House Linens ($330k). Over the past 5 years the exports of Pakistan to Montenegro have increased at an annualized rate of 12.6%,  from $1.81M in 2017 to $3.28M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $5.67M to Pakistan. The main products exported from Montenegro to Pakistan were Dried Legumes ($4.96M), Rubber ($284k), and Vegetable Tanning Extracts ($94.1k). 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 2017, Pakistan exported $3.28M to Montenegro. The main products exported from Pakistan to Montenegro were Packaged Medicaments ($374k), Rice ($367k), and House Linens ($330k). During the last 5 years the exports of Pakistan to Montenegro have increased at an annualized rate of 12.6%, from $1.81M in 2022 to $3.28M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Pakistan (Flag)

Montenegro Exports

Pakistan Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Pakistan
Top DestinationUnited States$6.47B

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 2022, countries that imported more from Montenegro than Pakistan included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

In 2022, countries that imported more from Pakistan than Montenegro included United States ($6.47B), Germany ($2.8B), and China ($2.79B).

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

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 Vegetable Products ($5.27M), Plastics and Rubbers ($284k), and Chemical Products ($96.8k).

During 2017, Pakistan had a large net trade with Montenegro in the exports of Textiles ($1.61M), Chemical Products ($550k), and Vegetable Products ($371k).

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) (2022)

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