Montenegro (MNE) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Montenegro-Japan Trade: In 2022, Montenegro exported $363k to Japan. The main products that Montenegro exported to Japan were Transmissions ($303k), Wine ($26.2k), and Low-voltage Protection Equipment ($8.72k). Over the past 5 years the exports of Montenegro to Japan have decreased at an annualized rate of 24.8%, from $1.51M in 2017 to $363k in 2022.

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

Japan-Montenegro Trade: In 2022, Japan exported $33.5M to Montenegro. The main products that Japan exported to Montenegro were Cars ($6.48M), Large Construction Vehicles ($5.12M), and Delivery Trucks ($4.65M). Over the past 5 years the exports of Japan to Montenegro have decreased at an annualized rate of 8.02%, from $50.9M in 2017 to $33.5M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Montenegro exported $363k to Japan. The main products exported from Montenegro to Japan were Transmissions ($303k), Wine ($26.2k), and Low-voltage Protection Equipment ($8.72k). During the last 5 years the exports of Montenegro to Japan have decreased at an annualized rate of 24.8%, from $1.51M in 2017 to $363k in 2022.

In 2017, Japan exported $33.5M to Montenegro. The main products exported from Japan to Montenegro were Cars ($6.48M), Large Construction Vehicles ($5.12M), and Delivery Trucks ($4.65M). During the last 5 years the exports of Japan to Montenegro have decreased at an annualized rate of 8.02%, from $50.9M in 2022 to $33.5M in 2017.

Exports from Montenegro () to Japan () (2022)

Exports from Japan () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Japan ()

Montenegro Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from Montenegro than Japan included Bosnia and Herzegovina ($95.5M), Albania ($21.9M), and San Marino ($2.1M).

In 2022, countries that imported more from Japan than Montenegro included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Montenegro - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Japan in the exports of Machines ($316k), Foodstuffs ($27.3k), and Textiles ($9.37k).

During 2017, Japan had a large net trade with Montenegro in the exports of Transportation ($12.8M), Machines ($10.9M), and Metals ($4.65M).

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 Montenegro and Japan. This means that a dot/product with the flag of Montenegro indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Montenegro.

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Japan () (2022)

Exports from Japan () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Japan ()

Montenegro Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Japan

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

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Economic Complexity

Competitive Landscape

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

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