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Pricing

2022
Flag → Flag
Exports $6.67kRnk 124 / 149
2022
Flag → Flag
Top Product $3.05kPercussion
2022
Flag → Flag
Exports $203Rnk 118 / 123
2022
Flag → Flag
Top Product $126Non-Knit Active Wear
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Nepal-Montenegro Trade: In 2022, Nepal exported $6.67k to Montenegro. The main products that Nepal exported to Montenegro were Percussion ($3.05k), Trunks and Cases ($1.74k), and Scarves ($1.41k). Over the past 6 years the exports of Nepal to Montenegro have increased at an annualized rate of 136%, from $39 in 2016 to $6.67k in 2022.

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

Montenegro-Nepal Trade: In 2022, Montenegro exported $203 to Nepal. The main products that Montenegro exported to Nepal were Non-Knit Active Wear ($126), Valves ($46), and Carded Wool or Animal Hair Fabric ($31). Over the past 6 years the exports of Montenegro to Nepal have decreased at an annualized rate of 62.5%,  from $27.5k in 2016 to $203 in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B). That same year, Montenegro ranked 154 in total exports ($1.32B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $6.67k to Montenegro. The main products exported from Nepal to Montenegro were Percussion ($3.05k), Trunks and Cases ($1.74k), and Scarves ($1.41k). During the last 6 years the exports of Nepal to Montenegro have increased at an annualized rate of 136%, from $39 in 2016 to $6.67k in 2022.

In 2017, Montenegro exported $203 to Nepal. The main products exported from Montenegro to Nepal were Non-Knit Active Wear ($126), Valves ($46), and Carded Wool or Animal Hair Fabric ($31). During the last 5 years the exports of Montenegro to Nepal have decreased at an annualized rate of 62.5%, from $27.5k in 2022 to $203 in 2017.

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

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

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Nepal than Montenegro included India ($956M), United States ($152M), and Singapore ($25.5M).

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

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

Comparative Advantage Nepal - Montenegro

Flow
Scale

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

During 2022, Nepal had a large net trade with Montenegro in the exports of Instruments ($3.05k), Animal Hides ($1.74k), and Textiles ($1.42k).

During 2017, Montenegro had a large net trade with Nepal in the exports of Textiles ($157) and Machines ($46).

Economic Complexity

Competitive Landscape

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

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

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