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Pricing

2022
Flag → Flag
Exports $3.32MRnk 32 / 123
2022
Flag → Flag
Top Product $1.54MAircraft Parts
2022
Flag → Flag
Exports $9.63MRnk 113 / 191
2022
Flag → Flag
Top Product $3.73MPoultry Meat
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 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$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Montenegro-Ukraine Trade: In 2022, Montenegro exported $3.32M to Ukraine. The main products that Montenegro exported to Ukraine were Aircraft Parts ($1.54M), Electric Generating Sets ($632k), and Fireworks ($560k). Over the past 5 years the exports of Montenegro to Ukraine have increased at an annualized rate of 16.1%, from $1.58M in 2017 to $3.32M in 2022.

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

Ukraine-Montenegro Trade: In 2022, Ukraine exported $9.63M to Montenegro. The main products that Ukraine exported to Montenegro were Poultry Meat ($3.73M), Other Nuts ($798k), and Seed Oils ($582k). Over the past 5 years the exports of Ukraine to Montenegro have decreased at an annualized rate of 1.7%,  from $10.5M in 2017 to $9.63M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $3.32M to Ukraine. The main products exported from Montenegro to Ukraine were Aircraft Parts ($1.54M), Electric Generating Sets ($632k), and Fireworks ($560k). During the last 5 years the exports of Montenegro to Ukraine have increased at an annualized rate of 16.1%, from $1.58M in 2017 to $3.32M in 2022.

In 2017, Ukraine exported $9.63M to Montenegro. The main products exported from Ukraine to Montenegro were Poultry Meat ($3.73M), Other Nuts ($798k), and Seed Oils ($582k). During the last 5 years the exports of Ukraine to Montenegro have decreased at an annualized rate of 1.7%, from $10.5M in 2022 to $9.63M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Ukraine (Flag)

Montenegro Exports

Ukraine Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Montenegro than Ukraine included Bosnia and Herzegovina ($95.5M), South Korea ($321M), and Serbia ($159M).

In 2022, countries that imported more from Ukraine than Montenegro included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Montenegro - Ukraine

Flow
Scale

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

During 2022, Montenegro had a large net trade with Ukraine in the exports of Transportation ($1.6M), Chemical Products ($679k), and Machines ($653k).

During 2017, Ukraine had a large net trade with Montenegro in the exports of Animal Products ($3.73M), Foodstuffs ($1.36M), and Machines ($1.07M).

Economic Complexity

Competitive Landscape

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

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

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