2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC 
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Montenegro-Guinea In 2008, Montenegro exported $275k to Guinea. The main products that Montenegro exported to Guinea are N/A. During the last 0 years the exports of Montenegro to Guinea have remained the same at an annualized rate of N/A%, from $275k in 2008 to $275k in 2008.

In 2008, Montenegro did not export any services to Guinea.

Guinea-Montenegro In 2008, Guinea exported $471 to Montenegro. The main products that Guinea exported to Montenegro were Vacuum Cleaners ($263) and Raw Plastic Sheeting ($208). During the last 0 years the exports of Guinea to Montenegro have decreased at an annualized rate of 100%, from $153k in 2008 to $471 in 2008.

In 2008, Guinea did not export any services to Montenegro.

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2008, Montenegro exported $275k to Guinea. There were not main exports from Montenegro to Guinea in 2008.

In 2022, Guinea exported $471 to Montenegro. The main products exported from Guinea to Montenegro were Vacuum Cleaners ($263) and Raw Plastic Sheeting ($208). During the last 16 years the exports of Guinea to Montenegro have decreased at an annualized rate of 100%, from $153k in 2006 to $471 in 2022.

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

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

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Guinea
Top Destination
China$3.81B

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

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

In 2021, countries that imported more from Guinea than Montenegro were China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

Comparative Advantage Montenegro - Guinea

Flow
Scale

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

During 2008, Montenegro had a large net trade with Guinea in the exports of .

During 2022, Guinea had a large net trade with Montenegro in the exports of Machines ($263) and Plastics and Rubbers ($208).

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 Montenegro has comparative advantage over Guinea. Similarly, the more yellow a dot/product is, the more Guinea has comparative advantage over Montenegro.

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

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