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2023
Flag → Flag
Exports $64.5kRnk 80 / 130
2023
Flag → Flag
Top Product $18.4kIron Pipe Fittings
2023
Flag → Flag
Exports $53.3kRnk 113 / 132
2023
Flag → Flag
Top Product $16.7kKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI -0.22Rnk 74 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 95 / 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$2,850CURRENT US$
Rnk 144 / 196
2013-2023
Flag
GDP PC GROWTH15.7%CURRENT US$
Rnk 116 / 195

About

Montenegro-Uzbekistan Trade: In 2023, Montenegro exported $64.5k to Uzbekistan. The main products that Montenegro exported to Uzbekistan were Iron Pipe Fittings ($18.4k), Air Conditioners ($13.2k), and Refrigerators ($12k). Over the past 7 years the exports of Montenegro to Uzbekistan have decreased at an annualized rate of 2.89%, from $79.2k in 2016 to $64.5k in 2023.

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

Uzbekistan-Montenegro Trade: In 2023, Uzbekistan exported $53.3k to Montenegro. The main products that Uzbekistan exported to Montenegro were Knit T-shirts ($16.7k), Sports Equipment ($14.2k), and Knit Women's Suits ($8.04k). Over the past 7 years the exports of Uzbekistan to Montenegro have increased at an annualized rate of 58.6%,  from $5.31k in 2016 to $53.3k in 2023.

In 2023, Uzbekistan 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, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $64.5k to Uzbekistan. The main products exported from Montenegro to Uzbekistan were Iron Pipe Fittings ($18.4k), Air Conditioners ($13.2k), and Refrigerators ($12k). During the last 7 years the exports of Montenegro to Uzbekistan have decreased at an annualized rate of 2.89%, from $79.2k in 2016 to $64.5k in 2023.

In 2018, Uzbekistan exported $53.3k to Montenegro. The main products exported from Uzbekistan to Montenegro were Knit T-shirts ($16.7k), Sports Equipment ($14.2k), and Knit Women's Suits ($8.04k). During the last 5 years the exports of Uzbekistan to Montenegro have increased at an annualized rate of 58.6%, from $5.31k in 2023 to $53.3k in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Uzbekistan (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Uzbekistan
Top DestinationSwitzerland$8.18B

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

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

In 2023, countries that imported more from Uzbekistan than Montenegro included Switzerland ($8.18B), Russia ($3.02B), and United Kingdom ($2.65B).

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

Comparative Advantage Montenegro - Uzbekistan

Flow
Scale

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

During 2023, Montenegro had a large net trade with Uzbekistan in the exports of Machines ($31.2k), Metals ($21.4k), and Plastics and Rubbers ($10.8k).

During 2018, Uzbekistan had a large net trade with Montenegro in the exports of Textiles ($30.6k), Miscellaneous ($14.2k), and Foodstuffs ($4.25k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Uzbekistan (Flag) (2023)

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