2023
Flag  
GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
 GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC 
$2,958CURRENT US$
Rnk 142 / 195
2013-2023
Flag
GDP PC GROWTH
15.5%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Papua New Guinea-Montenegro Trade: In 2023, Papua New Guinea exported $3.66k to Montenegro. The main products that Papua New Guinea exported to Montenegro were Vanilla ($3.16k), Non-Knit Men's Shirts ($338), and Non-Knit Gloves ($159). Over the past 6 years the exports of Papua New Guinea to Montenegro have decreased at an annualized rate of 11.2%, from $7.46k in 2017 to $3.66k in 2023.

In 2023, Papua New Guinea did not export any services to Montenegro.

Montenegro-Papua New Guinea In N/A, Montenegro did not export any products to Papua New Guinea.

In 2023, Montenegro did not export any services to Papua New Guinea.

Comparison In 2023,  Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63),  and 93 in total exports ($12.5B). That same year, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Papua New Guinea exported $3.66k to Montenegro. The main products exported from Papua New Guinea to Montenegro were Vanilla ($3.16k), Non-Knit Men's Shirts ($338), and Non-Knit Gloves ($159). During the last 6 years the exports of Papua New Guinea to Montenegro have decreased at an annualized rate of 11.2%, from $7.46k in 2017 to $3.66k in 2023.

Montenegro does not register exports to Papua New Guinea.

Exports from Papua New Guinea (Flag) to Montenegro (Flag) (2023)

Exports from Montenegro (Flag) to Papua New Guinea (Flag) (2023)

Latest Data

Trade between Papua New Guinea (Flag) and Montenegro (Flag)

Montenegro Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
China$3.55B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Papua New Guinea than Montenegro included China ($3.55B), Japan ($3.19B), and Australia ($2.07B).

In 2023, countries that imported more from Montenegro than Papua New Guinea included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

Difference in imports from Montenegro (Flag) and Papua New Guinea (Flag) (2023)

Comparative Advantage Papua New Guinea - Montenegro

Flow
Scale

This chart compares trade between Papua New Guinea and Montenegro by product, considering products traded by both, Papua New Guinea and Montenegro.

During 2023, Papua New Guinea had a large net trade with Montenegro in the exports of Vegetable Products ($3.16k) and Textiles ($497).

Economic Complexity

Competitive Landscape

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

Product Space of Papua New Guinea (Flag) and Montenegro (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with