2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

North Korea-Montenegro Trade: In 2019, North Korea exported $438k to Montenegro. The main products that North Korea exported to Montenegro were N/A. Over the past 5 years the exports of North Korea to Montenegro have increased at an annualized rate of 29.6%, from $120k in 2014 to $438k in 2019.

In 2019, North Korea did not export any services to Montenegro.

Montenegro-North Korea In N/A, Montenegro did not export any products to North Korea.

In 2019, Montenegro did not export any services to North Korea.

Comparison In 2022,  North Korea ranked 182 in total exports ($248M). 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 2019, North Korea exported $438k to Montenegro. There were not main exports from North Korea to Montenegro in 2019. During the last 5 years the exports of North Korea to Montenegro have increased at an annualized rate of 29.6%, from $120k in 2014 to $438k in 2019.

Montenegro does not register exports to North Korea.

Exports from North Korea (Flag) to Montenegro (Flag) (2019)

Exports from Montenegro (Flag) to North Korea (Flag) (2019)

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from North Korea than Montenegro included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

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

Difference in imports from Montenegro (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Montenegro

Flow
Scale

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

During 2019, North Korea had a large net trade with Montenegro in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Montenegro (Flag) (2019)

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