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
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

Cocos (Keeling) Islands-Montenegro In 2020, Cocos (Keeling) Islands exported $26 to Montenegro. The main products that Cocos (Keeling) Islands exported to Montenegro are N/A. During the last 14 years the exports of Cocos (Keeling) Islands to Montenegro have decreased at an annualized rate of 22.5%, from $930 in 2006 to $26 in 2020.

In 2020, Cocos (Keeling) Islands did not export any services to Montenegro.

Montenegro-Cocos (Keeling) Islands In 2020, Montenegro exported $2.53k to Cocos (Keeling) Islands. The main products that Montenegro exported to Cocos (Keeling) Islands were N/A. During the last 14 years the exports of Montenegro to Cocos (Keeling) Islands have remained the same at an annualized rate of 0%, from $2.53k in 2006 to $2.53k in 2020.

In 2020, Montenegro did not export any services to Cocos (Keeling) Islands.

Comparison In 2022,  Cocos (Keeling) Islands ranked 223 in total exports ($3.05M). That same year, Montenegro ranked 154 in total exports ($1.32B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Cocos (Keeling) Islands exported $26 to Montenegro. There were not main exports from Cocos (Keeling) Islands to Montenegro in 2020. During the last 14 years the exports of Cocos (Keeling) Islands to Montenegro have decreased at an annualized rate of 22.5%, from $930 in 2006 to $26 in 2020.

In 2020, Montenegro exported $2.53k to Cocos (Keeling) Islands. There were not main exports from Montenegro to Cocos (Keeling) Islands in 2020.

Exports from Cocos (Keeling) Islands (Flag) to Montenegro (Flag) (2020)

Exports from Montenegro (Flag) to Cocos (Keeling) Islands (Flag) (2020)

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M

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

In 2021, countries that imported more from Cocos (Keeling) Islands than Montenegro were Nicaragua ($54.2k), Peru ($55.8k), and Kuwait ($62.9k).

In 2021, countries that imported more from Montenegro than Cocos (Keeling) Islands were South Korea ($321M), Serbia ($159M), and Italy ($125M).

Difference in imports from Montenegro (Flag) and Cocos (Keeling) Islands (Flag) (2022)

Comparative Advantage Cocos (Keeling) Islands - Montenegro

Flow
Scale

This chart compares trade between Cocos (Keeling) Islands and Montenegro by product, considering products traded by both, Cocos (Keeling) Islands and Montenegro.

During 2020, Cocos (Keeling) Islands had a large net trade with Montenegro in the exports of .

During 2020, Montenegro had a large net trade with Cocos (Keeling) Islands in the exports of .

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 Cocos (Keeling) Islands has comparative advantage over Montenegro. Similarly, the more yellow a dot/product is, the more Montenegro has comparative advantage over Cocos (Keeling) Islands.

Product Space of Cocos (Keeling) Islands (Flag) and Montenegro (Flag) (2020)

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