2022
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GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
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GDP GROWTH
49.1%CURRENT US$
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2022
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 GDP
$360BCURRENT US$
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2012-2022
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GDP GROWTH
37%CURRENT US$
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2022
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GDP PC 
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
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GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186
2022
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GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Montenegro-Hong Kong In 2022, Montenegro exported $22.4M to Hong Kong. The main products that Montenegro exported to Hong Kong are Raw Aluminium ($21.7M), Telephones ($352k), and Jewellery ($152k). During the last 16 years the exports of Montenegro to Hong Kong have increased at an annualized rate of 69.7%, from $4.73k in 2006 to $22.4M in 2022.

In 2022, Montenegro did not export any services to Hong Kong.

Hong Kong-Montenegro In 2022, Hong Kong exported $2.55M to Montenegro. The main products that Hong Kong exported to Montenegro were Frozen Bovine Meat ($2.02M), Base Metal Watches ($102k), and Other Footwear ($42.7k). During the last 16 years the exports of Hong Kong to Montenegro have increased at an annualized rate of 5.43%, from $1.09M in 2006 to $2.55M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $22.4M to Hong Kong. The main products exported from Montenegro to Hong Kong were Raw Aluminium ($21.7M), Telephones ($352k), and Jewellery ($152k). During the last 16 years the exports of Montenegro to Hong Kong have increased at an annualized rate of 69.7%, from $4.73k in 2006 to $22.4M in 2022.

In 2022, Hong Kong exported $2.55M to Montenegro. The main products exported from Hong Kong to Montenegro were Frozen Bovine Meat ($2.02M), Base Metal Watches ($102k), and Other Footwear ($42.7k). During the last 16 years the exports of Hong Kong to Montenegro have increased at an annualized rate of 5.43%, from $1.09M in 2006 to $2.55M in 2022.

Exports from Montenegro (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Montenegro (Flag) (2022)

Latest Data

Trade between Montenegro (Flag) and Hong Kong (Flag)

Montenegro Exports

Hong Kong Exports

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Hong Kong
Top Destination
China$23.4B

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

In 2021, countries that imported more from Montenegro than Hong Kong were Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Slovenia ($55M).

In 2021, countries that imported more from Hong Kong than Montenegro were China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Montenegro (Flag) (2022)

Comparative Advantage Montenegro - Hong Kong

Flow
Scale

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

During 2022, Montenegro had a large net trade with Hong Kong in the exports of Metals ($21.7M), Machines ($352k), and Precious Metals ($152k).

During 2022, Hong Kong had a large net trade with Montenegro in the exports of Animal Products ($2.02M), Machines ($157k), and Instruments ($143k).

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

Product Space of Montenegro (Flag) and Hong Kong (Flag) (2022)

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