Ethiopia (ETH) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Ethiopia-Montenegro Trade: In 2023, Ethiopia exported $24.6k to Montenegro. The main products that Ethiopia exported to Montenegro were Cut Flowers ($11.9k), Coffee ($6.95k), and Knit Sweaters ($3.79k). Over the past 5 years the exports of Ethiopia to Montenegro have increased at an annualized rate of 13.5%, from $13k in 2018 to $24.6k in 2023.

In 2023, Ethiopia did not export any services to Montenegro.

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

In 2023, Montenegro did not export any services to Ethiopia.

Comparison In 2023, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). That same year, Montenegro ranked 151 in total exports ($1.53B), 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 2023, Ethiopia exported $24.6k to Montenegro. The main products exported from Ethiopia to Montenegro were Cut Flowers ($11.9k), Coffee ($6.95k), and Knit Sweaters ($3.79k). During the last 5 years the exports of Ethiopia to Montenegro have increased at an annualized rate of 13.5%, from $13k in 2018 to $24.6k in 2023.

Montenegro does not register exports to Ethiopia.

Exports from Ethiopia () to Montenegro () (2023)

Exports from Montenegro () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Montenegro ()

Montenegro Exports

Date

Dec 2020

Jul 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Montenegro
Top DestinationItaly$576M

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

In 2023, countries that imported more from Ethiopia than Montenegro included United States ($487M), China ($402M), and United Arab Emirates ($314M).

In 2023, countries that imported more from Montenegro than Ethiopia included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

Difference in imports from Montenegro () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ethiopia had a large net trade with Montenegro in the exports of Vegetable Products ($20.3k) and Textiles ($4.26k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Montenegro () (2023)

Exports from Montenegro () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Montenegro ()

Montenegro Exports

Market Competitiveness

Difference in imports from Montenegro () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Montenegro () (2023)

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