2023
Flag  
GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 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 
$1,224CURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Tanzania-Montenegro Trade: In 2023, Tanzania exported $26.7k to Montenegro. The main products that Tanzania exported to Montenegro were Fish Fillets ($7.11k), Vegetable Plaiting Materials ($5.68k), and Cloves ($4.83k). Over the past 5 years the exports of Tanzania to Montenegro have decreased at an annualized rate of 1.74%, from $29.1k in 2018 to $26.7k in 2023.

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

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

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

Comparison In 2023,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13),  and 99 in total exports ($11.3B). 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, Tanzania exported $26.7k to Montenegro. The main products exported from Tanzania to Montenegro were Fish Fillets ($7.11k), Vegetable Plaiting Materials ($5.68k), and Cloves ($4.83k). During the last 5 years the exports of Tanzania to Montenegro have decreased at an annualized rate of 1.74%, from $29.1k in 2018 to $26.7k in 2023.

Montenegro does not register exports to Tanzania. The main products exported from Montenegro to Tanzania were Refined Petroleum ($434).

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

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

Market Competitiveness

Color
Tanzania
Top Destination
India$1.74B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Tanzania than Montenegro included India ($1.74B), United Arab Emirates ($1.62B), and Uganda ($1.35B).

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

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

Comparative Advantage Tanzania - Montenegro

Flow
Scale

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

During 2023, Tanzania had a large net trade with Montenegro in the exports of Vegetable Products ($18.9k), Animal Products ($7.11k), and Plastics and Rubbers ($557).

Economic Complexity

Competitive Landscape

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

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

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