2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

Malaysia-Montenegro Trade: In 2022, Malaysia exported $6.94M to Montenegro. The main products that Malaysia exported to Montenegro were Raw Aluminium ($2.19M), Palm Oil ($571k), and Air Conditioners ($529k). Over the past 5 years the exports of Malaysia to Montenegro have increased at an annualized rate of 9.61%, from $4.39M in 2017 to $6.94M in 2022.

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

Montenegro-Malaysia Trade: In 2022, Montenegro exported $994k to Malaysia. The main products that Montenegro exported to Malaysia were Explosive Ammunition ($724k), Prepared Explosives ($258k), and Refrigerators ($6.04k). Over the past 5 years the exports of Montenegro to Malaysia have increased at an annualized rate of 52.2%,  from $80.1k in 2017 to $994k in 2022.

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

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09),  and 22 in total exports ($378B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $6.94M to Montenegro. The main products exported from Malaysia to Montenegro were Raw Aluminium ($2.19M), Palm Oil ($571k), and Air Conditioners ($529k). During the last 5 years the exports of Malaysia to Montenegro have increased at an annualized rate of 9.61%, from $4.39M in 2017 to $6.94M in 2022.

In 2017, Montenegro exported $994k to Malaysia. The main products exported from Montenegro to Malaysia were Explosive Ammunition ($724k), Prepared Explosives ($258k), and Refrigerators ($6.04k). During the last 5 years the exports of Montenegro to Malaysia have increased at an annualized rate of 52.2%, from $80.1k in 2022 to $994k in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Malaysia than Montenegro included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Montenegro than Malaysia included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Albania ($21.9M).

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

Comparative Advantage Malaysia - Montenegro

Flow
Scale

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

During 2022, Malaysia had a large net trade with Montenegro in the exports of Machines ($2.74M), Metals ($2.24M), and Animal and Vegetable Bi-Products ($721k).

During 2017, Montenegro had a large net trade with Malaysia in the exports of Weapons ($724k), Chemical Products ($258k), and Machines ($8.19k).

Economic Complexity

Competitive Landscape

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

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

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