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2023
Flag → Flag
Exports $23.6MRnk 15 / 130
2023
Flag → Flag
Top Product $11.3MZinc Ore
2023
Flag → Flag
Exports $80.3MRnk 96 / 217
2023
Flag → Flag
Top Product $4.97MToilet Paper
2023
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 62 / 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$22,057CURRENT US$
Rnk 59 / 196
2013-2023
Flag
GDP PC GROWTH61.9%CURRENT US$
Rnk 28 / 195

About

Montenegro-Poland Trade: In 2023, Montenegro exported $23.6M to Poland. The main products that Montenegro exported to Poland were Zinc Ore ($11.3M), Raw Aluminium ($8.54M), and Electrical Lighting and Signalling Equipment ($1.19M). Over the past 5 years the exports of Montenegro to Poland have decreased at an annualized rate of 1.16%, from $25M in 2018 to $23.6M in 2023.

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

Poland-Montenegro Trade: In 2023, Poland exported $80.3M to Montenegro. The main products that Poland exported to Montenegro were Toilet Paper ($4.97M), Chocolate ($3.83M), and Baked Goods ($3.68M). Over the past 5 years the exports of Poland to Montenegro have increased at an annualized rate of 7.41%,  from $56.2M in 2018 to $80.3M in 2023.

In 2023, Poland 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, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $23.6M to Poland. The main products exported from Montenegro to Poland were Zinc Ore ($11.3M), Raw Aluminium ($8.54M), and Electrical Lighting and Signalling Equipment ($1.19M). During the last 5 years the exports of Montenegro to Poland have decreased at an annualized rate of 1.16%, from $25M in 2018 to $23.6M in 2023.

In 2018, Poland exported $80.3M to Montenegro. The main products exported from Poland to Montenegro were Toilet Paper ($4.97M), Chocolate ($3.83M), and Baked Goods ($3.68M). During the last 5 years the exports of Poland to Montenegro have increased at an annualized rate of 7.41%, from $56.2M in 2023 to $80.3M in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Poland (Flag)

Montenegro Exports

Poland Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Poland
Top DestinationGermany$84B

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

In 2023, no countries were registered that imported more from Montenegro than from Poland.

In 2023, countries that imported more from Poland than Montenegro included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

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

Comparative Advantage Montenegro - Poland

Flow
Scale

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

During 2023, Montenegro had a large net trade with Poland in the exports of Mineral Products ($12M), Metals ($8.62M), and Machines ($1.52M).

During 2018, Poland had a large net trade with Montenegro in the exports of Foodstuffs ($19.7M), Machines ($15.8M), and Chemical Products ($8.54M).

Economic Complexity

Competitive Landscape

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

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

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