2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH
4.78%CURRENT US$
Rnk 156 / 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
$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH
-17.3%CURRENT US$
Rnk 168 / 186

About

Montenegro-Sierra Leone In 2021, Montenegro exported $483 to Sierra Leone. The main products that Montenegro exported to Sierra Leone are N/A. During the last 10 years the exports of Montenegro to Sierra Leone have decreased at an annualized rate of 30%, from $17.1k in 2011 to $483 in 2021.

In 2021, Montenegro did not export any services to Sierra Leone.

Sierra Leone-Montenegro In 2021, Sierra Leone exported $121 to Montenegro. The main products that Sierra Leone exported to Montenegro were Electrical Ignitions ($114) and Other Domestic Electric Housewares ($7). During the last 10 years the exports of Sierra Leone to Montenegro have decreased at an annualized rate of 16.8%, from $762 in 2011 to $121 in 2021.

In 2021, Sierra Leone did not export any services to Montenegro.

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B). That same year, Sierra Leone ranked 159 in total exports ($1.15B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Montenegro exported $483 to Sierra Leone. There were not main exports from Montenegro to Sierra Leone in 2021. During the last 10 years the exports of Montenegro to Sierra Leone have decreased at an annualized rate of 30%, from $17.1k in 2011 to $483 in 2021.

In 2022, Sierra Leone exported $121 to Montenegro. The main products exported from Sierra Leone to Montenegro were Electrical Ignitions ($114) and Other Domestic Electric Housewares ($7). During the last 15 years the exports of Sierra Leone to Montenegro have decreased at an annualized rate of 16.8%, from $762 in 2007 to $121 in 2022.

Exports from Montenegro (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to Montenegro (Flag) (2022)

Latest Data

Trade between Montenegro (Flag) and Sierra Leone (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Sierra Leone
Top Destination
China$622M

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

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

In 2021, countries that imported more from Sierra Leone than Montenegro were China ($622M), Belgium ($136M), and United Arab Emirates ($64.6M).

Difference in imports from Sierra Leone (Flag) and Montenegro (Flag) (2022)

Comparative Advantage Montenegro - Sierra Leone

Flow
Scale

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

During 2021, Montenegro had a large net trade with Sierra Leone in the exports of .

During 2022, Sierra Leone had a large net trade with Montenegro in the exports of Machines ($121).

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

Product Space of Montenegro (Flag) and Sierra Leone (Flag) (2022)

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