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2023
Flag → Flag
Exports $2.71MRnk 164 / 211
2023
Flag → Flag
Top Product $785kDelivery Trucks
2023
Flag → Flag
Exports $76.4kRnk 76 / 130
2023
Flag → Flag
Top Product $39.5kRevolution Counters
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
 GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC $6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195

About

South Africa-Montenegro Trade: In 2023, South Africa exported $2.71M to Montenegro. The main products that South Africa exported to Montenegro were Delivery Trucks ($785k), Citrus ($664k), and Tropical Fruits ($284k). Over the past 5 years the exports of South Africa to Montenegro have decreased at an annualized rate of 15.6%, from $6.31M in 2018 to $2.71M in 2023.

In 2023, South Africa did not export any services to Montenegro.

Montenegro-South Africa Trade: In 2023, Montenegro exported $76.4k to South Africa. The main products that Montenegro exported to South Africa were Revolution Counters ($39.5k), Centrifuges ($13.5k), and Transmissions ($10.4k). Over the past 5 years the exports of Montenegro to South Africa have increased at an annualized rate of 32.8%,  from $18.5k in 2018 to $76.4k in 2023.

In 2023, Montenegro did not export any services to South Africa.

Comparison In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07),  and 34 in total exports ($154B). That same year, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR216M and imported ZAR203k from Montenegro, resulting in a positive trade balance of ZAR216M. Between November 2023 and November 2024 the exports of South Africa have increased by ZAR216M (16.1M%) from ZAR1.34k to ZAR216M, while imports increased by ZAR182k (845%) from ZAR21.5k to ZAR203k.

Trade In November 2024, the top exports of South Africa to Montenegro were Non-Knit Women's Undergarments (ZAR8.98k) and Knit Women's Suits (ZAR2.44k). In November 2024 the top imports of South Africa from Montenegro were Transmissions (ZAR8.2k) and Low-voltage Protection Equipment (ZAR7.61k).

Origins In November 2024 the exports of South Africa were mainly from Richards Bay (ZAR215M) and Durban (ZAR606k), while imports destinations were mainly Pretoria (ZAR125k), O.R. Tambo Int Airport (ZAR49.2k), Durban (ZAR26.2k), and Port Elizabeth (ZAR3.11k).

Growth In November 2024, the increase in South Africa's year-by-year exports to Montenegro was explained primarily by an increase in product exports in . In November 2024, the increase in South Africa's year-by-year imports  from Montenegro was explained primarily by an increase in product imports  in Transmissions (ZAR1.99k or 32%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR216M(16.1M%)
IMPORT GROWTH (November 2023 - November 2024)ZAR182k(845%)
MAIN EXPORTER (November 2024)Richards BayZAR215M

This section shows exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of South Africa over time.

To check Montenegro and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $2.71M to Montenegro. The main products exported from South Africa to Montenegro were Delivery Trucks ($785k), Citrus ($664k), and Tropical Fruits ($284k). During the last 5 years the exports of South Africa to Montenegro have decreased at an annualized rate of 15.6%, from $6.31M in 2018 to $2.71M in 2023.

In 2018, Montenegro exported $76.4k to South Africa. The main products exported from Montenegro to South Africa were Revolution Counters ($39.5k), Centrifuges ($13.5k), and Transmissions ($10.4k). During the last 5 years the exports of Montenegro to South Africa have increased at an annualized rate of 32.8%, from $18.5k in 2023 to $76.4k in 2018.

Exports from South Africa (Flag) to Montenegro (Flag) (2023)

Exports from Montenegro (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Montenegro
Top DestinationItaly$576M

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

In 2023, countries that imported more from South Africa than Montenegro included China ($29.5B), United States ($13B), and India ($10.8B).

In 2023, countries that imported more from Montenegro than South Africa included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and Slovenia ($77.9M).

Difference in imports from Montenegro (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Montenegro

Flow
Scale

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

During 2023, South Africa had a large net trade with Montenegro in the exports of Vegetable Products ($1.16M), Transportation ($879k), and Mineral Products ($184k).

During 2018, Montenegro had a large net trade with South Africa in the exports of Instruments ($43.3k), Machines ($29.2k), and Textiles ($2.54k).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Montenegro (Flag) (2023)

Keep Exploring

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