2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC 
$12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC
$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195

About

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

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

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

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B). That same year, Somalia ranked 161 in total exports ($1.03B). 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.

Somalia does not register exports to Montenegro. The main products exported from Somalia to Montenegro were Motor vehicles; parts and accessories (8701 to 8705) ($2.84k), Other Plastic Products ($437), and Electrical Lighting and Signalling Equipment ($280).

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

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

Latest Data

Trade between Montenegro (Flag) and Somalia (Flag)

Montenegro Exports

Date

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Somalia
Top Destination
United Arab Emirates$360M

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 2023, countries that imported more from Montenegro than Somalia included Italy ($576M), Serbia ($202M), and Spain ($91.1M).

In 2023, countries that imported more from Somalia than Montenegro included United Arab Emirates ($360M), Saudi Arabia ($283M), and Oman ($180M).

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

Comparative Advantage Montenegro - Somalia

Flow
Scale

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

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) (2023)

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