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2023
Flag → Flag
Exports $42.5MRnk 121 / 221
2023
Flag → Flag
Top Product $37.2MRaw Aluminium
2023
Flag → Flag
Exports $28.1MRnk 13 / 130
2023
Flag → Flag
Top Product $26.5MCopper Ore
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
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 GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
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GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
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GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
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GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
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GDP PC$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195

About

Malaysia-Montenegro Trade: In 2023, Malaysia exported $42.5M to Montenegro. The main products that Malaysia exported to Montenegro were Raw Aluminium ($37.2M), Air Conditioners ($995k), and Broadcasting Equipment ($680k). Over the past 5 years the exports of Malaysia to Montenegro have increased at an annualized rate of 30.9%, from $11.1M in 2018 to $42.5M in 2023.

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

Montenegro-Malaysia Trade: In 2023, Montenegro exported $28.1M to Malaysia. The main products that Montenegro exported to Malaysia were Copper Ore ($26.5M), Explosive Ammunition ($1.12M), and Military Weapons ($462k). Over the past 5 years the exports of Montenegro to Malaysia have increased at an annualized rate of 319%,  from $21.8k in 2018 to $28.1M in 2023.

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

Comparison In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04),  and 19 in total exports ($383B). That same year, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Malaysia exported MYR544 and imported MYR458k from Montenegro, resulting in a negative trade balance of MYR457k. Between December 2023 and December 2024 the exports of Malaysia have decreased by MYR-3.17k (-85.3%) from MYR3.71k to MYR544, while imports decreased by MYR-72.5M (-99.4%) from MYR73M to MYR458k.

Trade In December 2024, the top exports of Malaysia to Montenegro were Raw Aluminium (MYR998k), Motor vehicles; parts and accessories (8701... (MYR692), Waterproof Footwear (MYR580), Felt or Coated Fabric Garments (MYR374), and Other Edible Preparations (MYR256). In December 2024 the top imports of Malaysia from Montenegro were Other Plastic Products (MYR9.72k).

Growth In December 2024, the decrease in Malaysia's year-by-year exports to Montenegro was explained primarily by an decrease in product exports in . In December 2024, the decrease in Malaysia's year-by-year imports  from Montenegro was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)MYR-3.17k(-85.3%)
IMPORT GROWTH (December 2023 - December 2024)MYR-72.5M(-99.4%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Montenegro and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Montenegro and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $42.5M to Montenegro. The main products exported from Malaysia to Montenegro were Raw Aluminium ($37.2M), Air Conditioners ($995k), and Broadcasting Equipment ($680k). During the last 5 years the exports of Malaysia to Montenegro have increased at an annualized rate of 30.9%, from $11.1M in 2018 to $42.5M in 2023.

In 2018, Montenegro exported $28.1M to Malaysia. The main products exported from Montenegro to Malaysia were Copper Ore ($26.5M), Explosive Ammunition ($1.12M), and Military Weapons ($462k). During the last 5 years the exports of Montenegro to Malaysia have increased at an annualized rate of 319%, from $21.8k in 2023 to $28.1M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Montenegro
Top DestinationItaly$576M

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 2023, countries that imported more from Malaysia than Montenegro included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

In 2023, countries that imported more from Montenegro than Malaysia included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and Luxembourg ($30.4M).

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

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 2023, Malaysia had a large net trade with Montenegro in the exports of Metals ($37.3M), Machines ($3.7M), and Plastics and Rubbers ($337k).

During 2018, Montenegro had a large net trade with Malaysia in the exports of Mineral Products ($26.5M), Weapons ($1.58M), and Foodstuffs ($27.9k).

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) (2023)

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