North Korea (PRK) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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North Korea-Montenegro Trade: In 2023, North Korea exported $1.31k to Montenegro. The main products that North Korea exported to Montenegro were Office Machine Parts ($1.26k) and Electrical Lighting and Signalling Equipment ($41). Over the past 8 years the exports of North Korea to Montenegro have decreased at an annualized rate of 48.6%, from $269k in 2015 to $1.31k in 2023.

In 2023, 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 2023, Montenegro did not export any services to North Korea.

Comparison In 2023, North Korea ranked 172 in total exports ($397M). That same year, Montenegro ranked 151 in total exports ($1.53B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Korea exported $1.31k to Montenegro. The main products exported from North Korea to Montenegro were Office Machine Parts ($1.26k) and Electrical Lighting and Signalling Equipment ($41). During the last 8 years the exports of North Korea to Montenegro have decreased at an annualized rate of 48.6%, from $269k in 2015 to $1.31k in 2023.

Montenegro does not register exports to North Korea.

Exports from North Korea () to Montenegro () (2023)

Exports from Montenegro () to North Korea () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$292M

Montenegro
Top DestinationItaly$576M

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 2023, countries that imported more from North Korea than Montenegro included China ($292M), Senegal ($10.3M), and Angola ($10.2M).

In 2023, countries that imported more from Montenegro than North Korea included Italy ($576M), Serbia ($202M), and Spain ($91.1M).

Difference in imports from Montenegro () and North Korea () (2023)

Comparative Advantage North Korea - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Korea had a large net trade with Montenegro in the exports of Machines ($1.31k).

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from North Korea () to Montenegro () (2023)

Exports from Montenegro () to North Korea () (2023)

Market Competitiveness

Difference in imports from Montenegro () and North Korea () (2023)

Comparative Advantage North Korea - Montenegro

Economic Complexity

Competitive Landscape

Product Space of North Korea () and Montenegro () (2023)

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