2023
Flag  
GDP
$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 62 / 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 
$22,057CURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP PC GROWTH
61.9%CURRENT US$
Rnk 28 / 195
2023
Flag
GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Poland-Montenegro Trade: In 2023, Poland exported $80.3M to Montenegro. The main products that Poland exported to Montenegro were Toilet Paper ($4.97M), Chocolate ($3.83M), and Baked Goods ($3.68M). Over the past 5 years the exports of Poland to Montenegro have increased at an annualized rate of 7.41%, from $56.2M in 2018 to $80.3M in 2023.

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

Montenegro-Poland Trade: In 2023, Montenegro exported $23.6M to Poland. The main products that Montenegro exported to Poland were Zinc Ore ($11.3M), Raw Aluminium ($8.54M), and Electrical Lighting and Signalling Equipment ($1.19M). Over the past 5 years the exports of Montenegro to Poland have decreased at an annualized rate of 1.16%,  from $25M in 2018 to $23.6M in 2023.

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

Comparison In 2023,  Poland ranked 24 in the Economic Complexity Index (ECI 1.09),  and 23 in total exports ($339B). 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, Poland exported $80.3M to Montenegro. The main products exported from Poland to Montenegro were Toilet Paper ($4.97M), Chocolate ($3.83M), and Baked Goods ($3.68M). During the last 5 years the exports of Poland to Montenegro have increased at an annualized rate of 7.41%, from $56.2M in 2018 to $80.3M in 2023.

In 2018, Montenegro exported $23.6M to Poland. The main products exported from Montenegro to Poland were Zinc Ore ($11.3M), Raw Aluminium ($8.54M), and Electrical Lighting and Signalling Equipment ($1.19M). During the last 5 years the exports of Montenegro to Poland have decreased at an annualized rate of 1.16%, from $25M in 2023 to $23.6M in 2018.

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

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

Latest Data

Trade between Poland (Flag) and Montenegro (Flag)

Poland Exports

Montenegro Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$84B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Poland than Montenegro included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

In 2023, no countries were registered that imported more from Montenegro than from Poland.

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

Comparative Advantage Poland - Montenegro

Flow
Scale

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

During 2023, Poland had a large net trade with Montenegro in the exports of Foodstuffs ($19.7M), Machines ($15.8M), and Chemical Products ($8.54M).

During 2018, Montenegro had a large net trade with Poland in the exports of Mineral Products ($12M), Metals ($8.62M), and Machines ($1.52M).

Economic Complexity

Competitive Landscape

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

Product Space of Poland (Flag) and Montenegro (Flag) (2023)

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