2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$237BCURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP GROWTH
27%CURRENT US$
Rnk 105 / 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
$88,046CURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP PC GROWTH
-10.2%CURRENT US$
Rnk 163 / 186

About

Montenegro-Qatar Trade: In 2022, Montenegro exported $30.7k to Qatar. The main products that Montenegro exported to Qatar were Knit T-shirts ($8.2k), Non-Knit Women's Suits ($5.1k), and Knit Women's Suits ($4.26k). Over the past 8 years the exports of Montenegro to Qatar have increased at an annualized rate of 32.5%, from $3.23k in 2014 to $30.7k in 2022.

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

Qatar-Montenegro Trade: In 2022, Qatar exported $12.2k to Montenegro. The main products that Qatar exported to Montenegro were Used Clothing ($3.78k), Refined Petroleum ($3.16k), and Glass Mirrors ($2.44k). Over the past 8 years the exports of Qatar to Montenegro have increased at an annualized rate of 67.1%,  from $933 in 2014 to $12.2k in 2022.

In 2022, Qatar 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, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $30.7k to Qatar. The main products exported from Montenegro to Qatar were Knit T-shirts ($8.2k), Non-Knit Women's Suits ($5.1k), and Knit Women's Suits ($4.26k). During the last 8 years the exports of Montenegro to Qatar have increased at an annualized rate of 32.5%, from $3.23k in 2014 to $30.7k in 2022.

In 2017, Qatar exported $12.2k to Montenegro. The main products exported from Qatar to Montenegro were Used Clothing ($3.78k), Refined Petroleum ($3.16k), and Glass Mirrors ($2.44k). During the last 5 years the exports of Qatar to Montenegro have increased at an annualized rate of 67.1%, from $933 in 2022 to $12.2k in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Qatar (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Qatar
Top Destination
China$21.1B

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

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

In 2022, countries that imported more from Qatar than Montenegro included China ($21.1B), India ($17.4B), and Japan ($12B).

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

Comparative Advantage Montenegro - Qatar

Flow
Scale

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

During 2022, Montenegro had a large net trade with Qatar in the exports of Textiles ($20.5k), Machines ($8.61k), and Footwear and Headwear ($1.11k).

During 2017, Qatar had a large net trade with Montenegro in the exports of Textiles ($3.78k), Mineral Products ($3.16k), and Metals ($2.52k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Qatar (Flag) (2022)

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