2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 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 
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 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

Bulgaria-Montenegro Trade: In 2022, Bulgaria exported $20.9M to Montenegro. The main products that Bulgaria exported to Montenegro were Baked Goods ($3.09M), Float Glass ($1.31M), and Refined Petroleum ($825k). Over the past 5 years the exports of Bulgaria to Montenegro have increased at an annualized rate of 2.26%, from $18.7M in 2017 to $20.9M in 2022.

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

Montenegro-Bulgaria Trade: In 2022, Montenegro exported $14.1M to Bulgaria. The main products that Montenegro exported to Bulgaria were Copper Ore ($10.8M), Raw Aluminium ($1.64M), and Video and Card Games ($404k). Over the past 5 years the exports of Montenegro to Bulgaria have increased at an annualized rate of 24.5%,  from $3.78M in 2017 to $14.1M in 2022.

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

Comparison In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68),  and 60 in total exports ($51.9B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Latest Data

Trade between Bulgaria (Flag) and Montenegro (Flag)

Bulgaria Exports

Montenegro Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Bulgaria than Montenegro included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

In 2022, countries that imported more from Montenegro than Bulgaria included South Korea ($321M), Cayman Islands ($1.66M), and Republic of the Congo ($967k).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Bulgaria Montenegro+N/AN/A
Top Product Potential Montenegro Bulgaria+N/AN/A

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Economic Complexity

Competitive Landscape

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

Product Space of Bulgaria (Flag) and Montenegro (Flag) (NaN)

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