Kyrgyzstan (KGZ) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Kyrgyzstan-Montenegro Trade: In 2022, Kyrgyzstan exported $323k to Montenegro. The main products that Kyrgyzstan exported to Montenegro were Central Heating Boilers ($141k), Dried Legumes ($131k), and Thermostats ($11.5k). Over the past 5 years the exports of Kyrgyzstan to Montenegro have decreased at an annualized rate of 7.18%, from $469k in 2017 to $323k in 2022.

In 2009, Kyrgyzstan exported services to Montenegro worth $0, with being the largest in terms of value.

Montenegro-Kyrgyzstan Trade: In 2022, Montenegro exported $251k to Kyrgyzstan. The main products that Montenegro exported to Kyrgyzstan were Packaged Medicaments ($248k), Other Edible Preparations ($1.28k), and Leather Footwear ($1.23k). Over the past 5 years the exports of Montenegro to Kyrgyzstan have increased at an annualized rate of 947%, from $2 in 2017 to $251k in 2022.

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

Comparison In 2022, Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kyrgyzstan exported $323k to Montenegro. The main products exported from Kyrgyzstan to Montenegro were Central Heating Boilers ($141k), Dried Legumes ($131k), and Thermostats ($11.5k). During the last 5 years the exports of Kyrgyzstan to Montenegro have decreased at an annualized rate of 7.18%, from $469k in 2017 to $323k in 2022.

In 2017, Montenegro exported $251k to Kyrgyzstan. The main products exported from Montenegro to Kyrgyzstan were Packaged Medicaments ($248k), Other Edible Preparations ($1.28k), and Leather Footwear ($1.23k). During the last 5 years the exports of Montenegro to Kyrgyzstan have increased at an annualized rate of 947%, from $2 in 2022 to $251k in 2017.

Exports from Kyrgyzstan () to Montenegro () (2022)

Exports from Montenegro () to Kyrgyzstan () (2022)

Latest Data

Trade between Kyrgyzstan () and Montenegro ()

Kyrgyzstan Exports

Date

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kyrgyzstan
Top DestinationRussia$1.07B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Kyrgyzstan than Montenegro included Russia ($1.07B), Kazakhstan ($445M), and Uzbekistan ($240M).

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

Difference in imports from Montenegro () and Kyrgyzstan () (2022)

Comparative Advantage Kyrgyzstan - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kyrgyzstan had a large net trade with Montenegro in the exports of Machines ($158k), Vegetable Products ($135k), and Metals ($16.7k).

During 2017, Montenegro had a large net trade with Kyrgyzstan in the exports of Chemical Products ($248k), Foodstuffs ($1.28k), and Footwear and Headwear ($1.23k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kyrgyzstan () to Montenegro () (2022)

Exports from Montenegro () to Kyrgyzstan () (2022)

Latest Data

Trade between Kyrgyzstan () and Montenegro ()

Kyrgyzstan Exports

Montenegro Exports

Market Competitiveness

Difference in imports from Montenegro () and Kyrgyzstan () (2022)

Comparative Advantage Kyrgyzstan - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kyrgyzstan () and Montenegro () (2022)

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