2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
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 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 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

Guinea-Montenegro Trade: In 2022, Guinea exported $471 to Montenegro. The main products that Guinea exported to Montenegro were Vacuum Cleaners ($263) and Raw Plastic Sheeting ($208). Over the past 8 years the exports of Guinea to Montenegro have decreased at an annualized rate of 8.48%, from $957 in 2014 to $471 in 2022.

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

Montenegro-Guinea In N/A, Montenegro did not export any products to Guinea.

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

Comparison In 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2),  and 101 in total exports ($10.4B). 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, 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 6 years the exports of Guinea to Montenegro have decreased at an annualized rate of 41.6%, from $200k in 2016 to $471 in 2022.

Montenegro does not register exports to Guinea.

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

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

Market Competitiveness

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

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

In 2022, countries that imported more from Guinea than Montenegro included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

In 2022, countries that imported more from Montenegro than Guinea included South Korea ($321M), Serbia ($159M), and Italy ($125M).

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

Comparative Advantage Guinea - Montenegro

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Montenegro+N/AN/A
Top Product Potential Montenegro Guinea+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Guinea and Montenegro. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Montenegro. Similarly, a dot/product with the flag of Montenegro indicates it has a comparative advantage over Guinea.

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

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