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Pricing

2023
Flag → Flag
Exports $31.3kRnk 88 / 130
2023
Flag → Flag
Top Product $9.6kNon-Knit Women's Suits
2023
Flag → Flag
Exports $38.7kRnk 128 / 140
2023
Flag → Flag
Top Product $16.4kRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 78 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$213BCURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP GROWTH7.18%CURRENT US$
Rnk 163 / 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$80,196CURRENT US$
Rnk 10 / 196
2013-2023
Flag
GDP PC GROWTH-22.7%CURRENT US$
Rnk 182 / 195

About

Montenegro-Qatar Trade: In 2023, Montenegro exported $31.3k to Qatar. The main products that Montenegro exported to Qatar were Non-Knit Women's Suits ($9.6k), Trunks and Cases ($4.32k), and Leather Footwear ($3.51k). Over the past 8 years the exports of Montenegro to Qatar have increased at an annualized rate of 13.2%, from $11.7k in 2015 to $31.3k in 2023.

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

Qatar-Montenegro Trade: In 2023, Qatar exported $38.7k to Montenegro. The main products that Qatar exported to Montenegro were Refined Petroleum ($16.4k), Hydrogen ($8.41k), and Surveying Equipment ($5.02k). Over the past 8 years the exports of Qatar to Montenegro have increased at an annualized rate of 79.1%,  from $2.1k in 2015 to $38.7k in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $31.3k to Qatar. The main products exported from Montenegro to Qatar were Non-Knit Women's Suits ($9.6k), Trunks and Cases ($4.32k), and Leather Footwear ($3.51k). During the last 8 years the exports of Montenegro to Qatar have increased at an annualized rate of 13.2%, from $11.7k in 2015 to $31.3k in 2023.

In 2018, Qatar exported $38.7k to Montenegro. The main products exported from Qatar to Montenegro were Refined Petroleum ($16.4k), Hydrogen ($8.41k), and Surveying Equipment ($5.02k). During the last 5 years the exports of Qatar to Montenegro have increased at an annualized rate of 79.1%, from $2.1k in 2023 to $38.7k in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Qatar (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Qatar
Top DestinationChina$20.9B

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

In 2023, countries that imported more from Qatar than Montenegro included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

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

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 2023, Montenegro had a large net trade with Qatar in the exports of Textiles ($19.7k), Footwear and Headwear ($4.37k), and Animal Hides ($4.32k).

During 2018, Qatar had a large net trade with Montenegro in the exports of Mineral Products ($16.4k), Chemical Products ($8.75k), and Instruments ($7.07k).

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) (2023)

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