2022
Flag  
GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$6.1BCURRENT US$
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2012-2022
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GDP GROWTH
49.1%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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2022
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GDP PC
$9,894CURRENT US$
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2012-2022
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GDP PC GROWTH
50.2%CURRENT US$
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About

Switzerland-Montenegro In 2022, Switzerland exported $149M to Montenegro. The main products that Switzerland exported to Montenegro are Electricity ($95.4M), Vaccines, blood, antisera, toxins and cultures ($20.5M), and Base Metal Watches ($5.79M). During the last 16 years the exports of Switzerland to Montenegro have increased at an annualized rate of 4.35%, from $75.5M in 2006 to $149M in 2022.

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

Montenegro-Switzerland In 2022, Montenegro exported $116M to Switzerland. The main products that Montenegro exported to Switzerland were Raw Aluminium ($86.5M), Electricity ($25.9M), and Cars ($1.05M). During the last 16 years the exports of Montenegro to Switzerland have increased at an annualized rate of 37.7%, from $692k in 2006 to $116M in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85),  and 17 in total exports ($402B). 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, Switzerland exported $149M to Montenegro. The main products exported from Switzerland to Montenegro were Electricity ($95.4M), Vaccines, blood, antisera, toxins and cultures ($20.5M), and Base Metal Watches ($5.79M). During the last 16 years the exports of Switzerland to Montenegro have increased at an annualized rate of 4.35%, from $75.5M in 2006 to $149M in 2022.

In 2022, Montenegro exported $116M to Switzerland. The main products exported from Montenegro to Switzerland were Raw Aluminium ($86.5M), Electricity ($25.9M), and Cars ($1.05M). During the last 16 years the exports of Montenegro to Switzerland have increased at an annualized rate of 37.7%, from $692k in 2006 to $116M in 2022.

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

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

Latest Data

Trade between Switzerland (Flag) and Montenegro (Flag)

Switzerland Exports

Montenegro Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Montenegro
Top Destination
South Korea$321M

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

In 2021, countries that imported more from Switzerland than Montenegro were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2019, no countries were registered that imported more from Montenegro than from Switzerland.

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

Comparative Advantage Switzerland - Montenegro

Flow
Scale

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

During 2022, Switzerland had a large net trade with Montenegro in the exports of Mineral Products ($95.6M), Chemical Products ($26.7M), and Instruments ($10.1M).

During 2022, Montenegro had a large net trade with Switzerland in the exports of Metals ($86.8M), Mineral Products ($25.9M), and Transportation ($1.05M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Switzerland has comparative advantage over Montenegro. Similarly, the more yellow a dot/product is, the more Montenegro has comparative advantage over Switzerland.

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

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