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Pricing

2022
Flag → Flag
Exports $29MRnk 148 / 223
2022
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Top Product $13.2MCoffee
2022
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Exports $38.7kRnk 76 / 123
2022
Flag → Flag
Top Product $9.19kComputers
2022
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Economic Complexity (ECI) ECI 0.29Rnk 49 / 124
2022
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GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
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 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
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GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
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GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
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GDP PC$9,894CURRENT US$
Rnk 79 / 186
2012-2022
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GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Brazil-Montenegro In 2022, Brazil exported $29M to Montenegro. The main products that Brazil exported to Montenegro are Coffee ($13.2M), Frozen Bovine Meat ($6.73M), and Poultry Meat ($2.7M). During the last 16 years the exports of Brazil to Montenegro have increased at an annualized rate of 3.48%, from $16.8M in 2006 to $29M in 2022.

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

Montenegro-Brazil In 2022, Montenegro exported $38.7k to Brazil. The main products that Montenegro exported to Brazil were Computers ($9.19k), Non-Knit Women's Suits ($5.55k), and Knit Women's Suits ($4.89k). During the last 16 years the exports of Montenegro to Brazil have increased at an annualized rate of 13%, from $5.47k in 2006 to $38.7k in 2022.

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

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.29),  and 25 in total exports ($341B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, Brazil exported $1.54M and imported $6 from Montenegro, resulting in a positive trade balance of $1.54M. Between February 2023 and February 2024 the exports of Brazil have increased by $552k (55.7%) from $992k to $1.54M, while imports decreased by $-1.01k (-99.4%) from $1.02k to $6.

Trade In February 2024, the top exports of Brazil to Montenegro were Raw Sugar ($234k), Poultry Meat ($234k), Coffee ($221k), Soil Preparation Machinery ($93k), and Eggs ($78.6k). In February 2024 the top imports of Brazil from Montenegro were Metal Insulating Fittings ($100).

Origins In February 2024 the exports of Brazil were mainly from São Paulo ($471k), Rio Grande do Sul ($471k), Mato Grosso do Sul ($230k), Goiás ($135k), and Minas Gerais ($107k), while imports destinations were mainly São Paulo ($6).

Growth In February 2024, the increase in Brazil's year-by-year exports to Montenegro was explained primarily by an increase in product exports in Poultry Meat ($111k or 90.1%) and Raw Sugar ($110k or 89.1%). In February 2024, the decrease in Brazil's year-by-year imports  from Montenegro was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$552k(55.7%)
IMPORT GROWTH (February 2023 - February 2024)$-1.01k(-99.4%)
MAIN EXPORTER (February 2024)São Paulo$471k

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Montenegro and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $29M to Montenegro. The main products exported from Brazil to Montenegro were Coffee ($13.2M), Frozen Bovine Meat ($6.73M), and Poultry Meat ($2.7M). During the last 16 years the exports of Brazil to Montenegro have increased at an annualized rate of 3.48%, from $16.8M in 2006 to $29M in 2022.

In 2022, Montenegro exported $38.7k to Brazil. The main products exported from Montenegro to Brazil were Computers ($9.19k), Non-Knit Women's Suits ($5.55k), and Knit Women's Suits ($4.89k). During the last 15 years the exports of Montenegro to Brazil have increased at an annualized rate of 13%, from $5.47k in 2007 to $38.7k in 2022.

Exports from Brazil (Flag) to Montenegro (Flag) (2022)

Exports from Montenegro (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Montenegro
Top DestinationSouth Korea$321M

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

In 2021, countries that imported more from Brazil than Montenegro were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2021, countries that imported more from Montenegro than Brazil were Serbia ($159M) and San Marino ($2.1M).

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

Comparative Advantage Brazil - Montenegro

Flow
Scale

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

During 2022, Brazil had a large net trade with Montenegro in the exports of Vegetable Products ($13.4M), Animal Products ($9.54M), and Foodstuffs ($3.4M).

During 2022, Montenegro had a large net trade with Brazil in the exports of Textiles ($16.6k), Machines ($15.3k), and Footwear and Headwear ($4.52k).

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Montenegro (Flag) (2022)

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