2022
Flag  
GDP
$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH
19.1%CURRENT US$
Rnk 123 / 186
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 
$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH
-0.55%CURRENT US$
Rnk 146 / 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

Uzbekistan-Montenegro Trade: In 2022, Uzbekistan exported $92k to Montenegro. The main products that Uzbekistan exported to Montenegro were Other Nuts ($55.7k), Non-Knit Women's Undergarments ($16k), and Knit T-shirts ($5.39k). Over the past 5 years the exports of Uzbekistan to Montenegro have increased at an annualized rate of 19.9%, from $37.2k in 2017 to $92k in 2022.

In 2022, Uzbekistan did not export any services to Montenegro.

Montenegro-Uzbekistan Trade: In 2022, Montenegro exported $430 to Uzbekistan. The main products that Montenegro exported to Uzbekistan were Leather Footwear ($418) and Rubber Pipes ($12). Over the past 5 years the exports of Montenegro to Uzbekistan have decreased at an annualized rate of 59.7%,  from $40.2k in 2017 to $430 in 2022.

In 2022, Montenegro did not export any services to Uzbekistan.

Comparison In 2022,  Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28),  and 83 in total exports ($16.9B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uzbekistan exported $92k to Montenegro. The main products exported from Uzbekistan to Montenegro were Other Nuts ($55.7k), Non-Knit Women's Undergarments ($16k), and Knit T-shirts ($5.39k). During the last 5 years the exports of Uzbekistan to Montenegro have increased at an annualized rate of 19.9%, from $37.2k in 2017 to $92k in 2022.

In 2017, Montenegro exported $430 to Uzbekistan. The main products exported from Montenegro to Uzbekistan were Leather Footwear ($418) and Rubber Pipes ($12). During the last 5 years the exports of Montenegro to Uzbekistan have decreased at an annualized rate of 59.7%, from $40.2k in 2022 to $430 in 2017.

Exports from Uzbekistan (Flag) to Montenegro (Flag) (2022)

Exports from Montenegro (Flag) to Uzbekistan (Flag) (2022)

Latest Data

Trade between Uzbekistan (Flag) and Montenegro (Flag)

Montenegro Exports

Market Competitiveness

Color
Uzbekistan
Top Destination
Switzerland$4.29B
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Uzbekistan than Montenegro included Switzerland ($4.29B), Russia ($2.6B), and China ($1.98B).

In 2022, countries that imported more from Montenegro than Uzbekistan included South Korea ($321M), Serbia ($159M), and Bosnia and Herzegovina ($95.5M).

Difference in imports from Montenegro (Flag) and Uzbekistan (Flag) (2022)

Comparative Advantage Uzbekistan - Montenegro

Flow
Scale

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

During 2022, Uzbekistan had a large net trade with Montenegro in the exports of Vegetable Products ($58.4k), Textiles ($29.9k), and Machines ($3.74k).

During 2017, Montenegro had a large net trade with Uzbekistan in the exports of Footwear and Headwear ($418) and Plastics and Rubbers ($12).

Economic Complexity

Competitive Landscape

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

Product Space of Uzbekistan (Flag) and Montenegro (Flag) (2022)

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