2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 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
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186

About

Montenegro-Poland Trade: In 2022, Montenegro exported $32.1M to Poland. The main products that Montenegro exported to Poland were Zinc Ore ($15.9M), Raw Aluminium ($13.1M), and Electrical Lighting and Signalling Equipment ($867k). Over the past 5 years the exports of Montenegro to Poland have increased at an annualized rate of 12.2%, from $18.1M in 2017 to $32.1M in 2022.

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

Poland-Montenegro Trade: In 2022, Poland exported $87.3M to Montenegro. The main products that Poland exported to Montenegro were Planes, Helicopters, and/or Spacecraft ($23.2M), Gas Turbines ($6.24M), and Other Edible Preparations ($3.56M). Over the past 5 years the exports of Poland to Montenegro have increased at an annualized rate of 6.92%,  from $62.5M in 2017 to $87.3M in 2022.

In 2022, Poland 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, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $32.1M to Poland. The main products exported from Montenegro to Poland were Zinc Ore ($15.9M), Raw Aluminium ($13.1M), and Electrical Lighting and Signalling Equipment ($867k). During the last 5 years the exports of Montenegro to Poland have increased at an annualized rate of 12.2%, from $18.1M in 2017 to $32.1M in 2022.

In 2017, Poland exported $87.3M to Montenegro. The main products exported from Poland to Montenegro were Planes, Helicopters, and/or Spacecraft ($23.2M), Gas Turbines ($6.24M), and Other Edible Preparations ($3.56M). During the last 5 years the exports of Poland to Montenegro have increased at an annualized rate of 6.92%, from $62.5M in 2022 to $87.3M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Poland (Flag)

Montenegro Exports

Poland Exports

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Poland
Top Destination
Germany$93.1B

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 2022, no countries were registered that imported more from Montenegro than from Poland.

In 2022, countries that imported more from Poland than Montenegro included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

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 2022, Montenegro had a large net trade with Poland in the exports of Mineral Products ($16.2M), Metals ($13.2M), and Machines ($1.33M).

During 2017, Poland had a large net trade with Montenegro in the exports of Transportation ($27.3M), Machines ($16.6M), and Foodstuffs ($11.5M).

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) (2022)

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