Bangladesh (BGD) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Bangladesh-Montenegro Trade: In 2022, Bangladesh exported $9.54M to Montenegro. The main products that Bangladesh exported to Montenegro were Knit T-shirts ($2.42M), Knit Sweaters ($1.37M), and Non-Knit Men's Suits ($1.02M). Over the past 5 years the exports of Bangladesh to Montenegro have increased at an annualized rate of 1.94%, from $8.67M in 2017 to $9.54M in 2022.

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

Montenegro-Bangladesh Trade: In 2022, Montenegro exported $293k to Bangladesh. The main products that Montenegro exported to Bangladesh were Aircraft Parts ($255k) and Fireworks ($37.9k). Over the past 5 years the exports of Montenegro to Bangladesh have increased at an annualized rate of 17.5%, from $131k in 2017 to $293k in 2022.

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

Comparison In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). 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, Bangladesh exported $9.54M to Montenegro. The main products exported from Bangladesh to Montenegro were Knit T-shirts ($2.42M), Knit Sweaters ($1.37M), and Non-Knit Men's Suits ($1.02M). During the last 5 years the exports of Bangladesh to Montenegro have increased at an annualized rate of 1.94%, from $8.67M in 2017 to $9.54M in 2022.

In 2017, Montenegro exported $293k to Bangladesh. The main products exported from Montenegro to Bangladesh were Aircraft Parts ($255k) and Fireworks ($37.9k). During the last 5 years the exports of Montenegro to Bangladesh have increased at an annualized rate of 17.5%, from $131k in 2022 to $293k in 2017.

Exports from Bangladesh () to Montenegro () (2022)

Exports from Montenegro () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Montenegro ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Bangladesh than Montenegro included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Montenegro than Bangladesh included Bosnia and Herzegovina ($95.5M), Albania ($21.9M), and Serbia ($159M).

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

Comparative Advantage Bangladesh - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Montenegro in the exports of Textiles ($9.02M), Footwear and Headwear ($307k), and Animal Products ($156k).

During 2017, Montenegro had a large net trade with Bangladesh in the exports of Transportation ($255k) and Chemical Products ($37.9k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Montenegro () (2022)

Exports from Montenegro () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Montenegro ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Bangladesh - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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