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undefined
Flag → Flag
Exports $401Rnk 83 / 95
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Flag → Flag
Top Product $401Leather Footwear
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 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$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

In N/A, Montenegro did not export any services to Somalia.

Somalia-Montenegro Trade: In N/A, Somalia exported $401 to Montenegro. The main products that Somalia exported to Montenegro were Leather Footwear ($401). Over the past N/A years the exports of Somalia to Montenegro have decreased at an annualized rate of 40.4%,  from $5.32k in N/A to $401 in N/A.

In N/A, Somalia did not export any services to Montenegro.

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B). That same year, Somalia ranked 167 in total exports ($569M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Montenegro does not register exports to Somalia.

In 2017, Somalia exported $401 to Montenegro. The main products exported from Somalia to Montenegro were Leather Footwear ($401). During the last 5 years the exports of Somalia to Montenegro have decreased at an annualized rate of 40.4%, from $5.32k in 2022 to $401 in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Somalia (Flag)

Montenegro Exports

Date

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Montenegro than Somalia included South Korea ($321M), Serbia ($159M), and Italy ($125M).

In 2022, countries that imported more from Somalia than Montenegro included United Arab Emirates ($283M), Oman ($173M), and India ($15.6M).

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

Comparative Advantage Montenegro - Somalia

Flow
Scale

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

During 2017, Somalia had a large net trade with Montenegro in the exports of Footwear and Headwear ($401).

Economic Complexity

Competitive Landscape

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

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

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