Aruba (ABW) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Aruba-Montenegro In 2021, Aruba exported $4k to Montenegro. The main products that Aruba exported to Montenegro are N/A. During the last 12 years the exports of Aruba to Montenegro have increased at an annualized rate of 3.39%, from $2.68k in 2009 to $4k in 2021.

In 2021, Aruba did not export any services to Montenegro.

Montenegro-Aruba In 2021, Montenegro exported $166k to Aruba. The main products that Montenegro exported to Aruba were N/A. During the last 12 years the exports of Montenegro to Aruba have remained the same at an annualized rate of 0%, from $166k in 2009 to $166k in 2021.

In 2021, Montenegro did not export any services to Aruba.

Comparison In 2022, Aruba ranked 194 in total exports ($123M). That same year, Montenegro ranked 154 in total exports ($1.32B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Aruba exported $4k to Montenegro. There were not main exports from Aruba to Montenegro in 2021. During the last 12 years the exports of Aruba to Montenegro have increased at an annualized rate of 3.39%, from $2.68k in 2009 to $4k in 2021.

In 2021, Montenegro exported $166k to Aruba. There were not main exports from Montenegro to Aruba in 2021.

Exports from Aruba () to Montenegro () (2021)

Exports from Montenegro () to Aruba () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Aruba
Top DestinationColombia$49M

Montenegro
Top DestinationSouth Korea$321M

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

In 2021, countries that imported more from Aruba than Montenegro were Colombia ($49M), Jordan ($13.2M), and Guyana ($10.4M).

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

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

Comparative Advantage Aruba - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

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

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Aruba () to Montenegro () (2021)

Exports from Montenegro () to Aruba () (2021)

Market Competitiveness

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

Comparative Advantage Aruba - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Aruba () and Montenegro () (2021)

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