Pakistan (PAK) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Pakistan-Montenegro Trade: In 2022, Pakistan exported $3.28M to Montenegro. The main products that Pakistan exported to Montenegro were Packaged Medicaments ($374k), Rice ($367k), and House Linens ($330k). Over the past 5 years the exports of Pakistan to Montenegro have increased at an annualized rate of 12.6%, from $1.81M in 2017 to $3.28M in 2022.

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

Montenegro-Pakistan Trade: In 2022, Montenegro exported $5.67M to Pakistan. The main products that Montenegro exported to Pakistan were Dried Legumes ($4.96M), Rubber ($284k), and Vegetable Tanning Extracts ($94.1k). Over the past 5 years the exports of Montenegro to Pakistan have increased at an annualized rate of 23.5%, from $238k in 2017 to $5.67M in 2022.

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

Comparison In 2022, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Pakistan exported $3.28M to Montenegro. The main products exported from Pakistan to Montenegro were Packaged Medicaments ($374k), Rice ($367k), and House Linens ($330k). During the last 5 years the exports of Pakistan to Montenegro have increased at an annualized rate of 12.6%, from $1.81M in 2017 to $3.28M in 2022.

In 2017, Montenegro exported $5.67M to Pakistan. The main products exported from Montenegro to Pakistan were Dried Legumes ($4.96M), Rubber ($284k), and Vegetable Tanning Extracts ($94.1k). During the last 5 years the exports of Montenegro to Pakistan have increased at an annualized rate of 23.5%, from $238k in 2022 to $5.67M in 2017.

Exports from Pakistan () to Montenegro () (2022)

Exports from Montenegro () to Pakistan () (2022)

Latest Data

Trade between Pakistan () and Montenegro ()

Pakistan Exports

Date

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Pakistan
Top DestinationUnited States$6.47B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Pakistan than Montenegro included United States ($6.47B), Germany ($2.8B), and China ($2.79B).

In 2022, countries that imported more from Montenegro than Pakistan included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

Difference in imports from Montenegro () and Pakistan () (2022)

Comparative Advantage Pakistan - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Pakistan had a large net trade with Montenegro in the exports of Textiles ($1.61M), Chemical Products ($550k), and Vegetable Products ($371k).

During 2017, Montenegro had a large net trade with Pakistan in the exports of Vegetable Products ($5.27M), Plastics and Rubbers ($284k), and Chemical Products ($96.8k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Pakistan () to Montenegro () (2022)

Exports from Montenegro () to Pakistan () (2022)

Latest Data

Trade between Pakistan () and Montenegro ()

Pakistan Exports

Montenegro Exports

Market Competitiveness

Difference in imports from Montenegro () and Pakistan () (2022)

Comparative Advantage Pakistan - Montenegro

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Pakistan () and Montenegro () (2022)

Keep Exploring