2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

Chile-Montenegro Trade: In 2022, Chile exported $546k to Montenegro. The main products that Chile exported to Montenegro were Molluscs ($121k), Crustaceans ($77.9k), and Processed Crustaceans ($73.9k). Over the past 5 years the exports of Chile to Montenegro have increased at an annualized rate of 6.79%, from $393k in 2017 to $546k in 2022.

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

Montenegro-Chile In N/A, Montenegro did not export any products to Chile.

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

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18),  and 44 in total exports ($99B). 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
Value

In 2022, Chile exported $546k to Montenegro. The main products exported from Chile to Montenegro were Molluscs ($121k), Crustaceans ($77.9k), and Processed Crustaceans ($73.9k). During the last 5 years the exports of Chile to Montenegro have increased at an annualized rate of 6.79%, from $393k in 2017 to $546k in 2022.

Montenegro does not register exports to Chile.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Chile than Montenegro included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Montenegro than Chile included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

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

Comparative Advantage Chile - Montenegro

Flow
Scale

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

During 2022, Chile had a large net trade with Montenegro in the exports of Animal Products ($284k), Foodstuffs ($164k), and Vegetable Products ($94.3k).

Economic Complexity

Competitive Landscape

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

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

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