2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$3.16BCURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP GROWTH
173%CURRENT US$
Rnk 5 / 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
$2,358CURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP PC GROWTH
131%CURRENT US$
Rnk 3 / 186

About

In N/A, Montenegro did not export any services to Timor-Leste.

Timor-Leste-Montenegro Trade: In N/A, Timor-Leste exported $387 to Montenegro. The main products that Timor-Leste exported to Montenegro were Motor vehicles; parts and accessories (8701 to 8705) ($347) and Baked Goods ($40). Over the past N/A years the exports of Timor-Leste to Montenegro have decreased at an annualized rate of 31.4%,  from $2.55k in N/A to $387 in N/A.

In N/A, Timor-Leste did not export any services to Montenegro.

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B). That same year, Timor-Leste ranked 170 in total exports ($513M). 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 Timor-Leste.

In 2017, Timor-Leste exported $387 to Montenegro. The main products exported from Timor-Leste to Montenegro were Motor vehicles; parts and accessories (8701 to 8705) ($347) and Baked Goods ($40). During the last 5 years the exports of Timor-Leste to Montenegro have decreased at an annualized rate of 31.4%, from $2.55k in 2022 to $387 in 2017.

Exports from Montenegro (Flag) to Timor-Leste (Flag) (2022)

Exports from Timor-Leste (Flag) to Montenegro (Flag) (2022)

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Timor-Leste
Top Destination
China$131M

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

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

In 2022, countries that imported more from Timor-Leste than Montenegro included Indonesia ($104M), China ($131M), and Japan ($74.2M).

Difference in imports from Timor-Leste (Flag) and Montenegro (Flag) (2022)

Comparative Advantage Montenegro - Timor-Leste

Flow
Scale

This chart compares trade between Montenegro and Timor-Leste by product, considering products traded by both, Montenegro and Timor-Leste.

During 2017, Timor-Leste had a large net trade with Montenegro in the exports of Transportation ($347) and Foodstuffs ($40).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Timor-Leste (Flag) (2022)

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