Flag Ireland / Montenegro Flag

2019
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Exports
: $662k, Rnk 167 / 204

2019
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Top Product
: $338k, Blood, antisera, vaccines, toxins and cultures

2019
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Exports
: $19.8k, Rnk 69 / 83

2019
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Top Product
: $4.16k, Other Iron Products

2019
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Economic Complexity (ECI)
: ECI 1.32, Rnk 19 / 146

2019
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GDP
: $389B, CURRENT US$
Rnk 31 / 187

2009-2019
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GDP GROWTH
: 64.5%, CURRENT US$
Rnk 70 / 187

2019
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 GDP
: $5.54B, CURRENT US$
Rnk 149 / 187

2009-2019
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GDP GROWTH
: 33.3%, CURRENT US$
Rnk 122 / 187

2019
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GDP PC 
: $78,661, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP PC GROWTH
: 51%, CURRENT US$
Rnk 56 / 187

2019
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GDP PC
: $8,909, CURRENT US$
Rnk 78 / 187

2009-2019
Flag
GDP PC GROWTH
: 32.4%, CURRENT US$
Rnk 87 / 187

Ireland-Montenegro In 2019, Ireland exported $662k to Montenegro. The main products that Ireland exported to Montenegro are Blood, antisera, vaccines, toxins and cultures ($338k), Other Printed Material ($122k), and Washing and Bottling Machines ($80.2k). During the last 13 years the exports of Ireland to Montenegro have decreased at an annualized rate of 10.1%, from $2.63M in 2006 to $662k in 2019.

In 2019, Ireland did not export any services to Montenegro.

Montenegro-Ireland In 2019, Montenegro exported $19.8k to Ireland . The main products that Montenegro exported to Ireland were Other Iron Products ($4.16k), Gas and Liquid Flow Measuring Instruments ($3.42k), and Melons ($3.38k). During the last 13 years the exports of Montenegro to Ireland have decreased at an annualized rate of 19%, from $307k in 2006 to $19.8k in 2019.

In 2019, Montenegro did not export any services to Ireland.

Comparison In 2019,  Ireland ranked 19 in the Economic Complexity Index (ECI 1.32),  and 28 in total exports ($190B). That same year, Montenegro ranked 168 in total exports ($407M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Ireland exported $662k to Montenegro. The main products exported from Ireland to Montenegro were Blood, antisera, vaccines, toxins and cultures ($338k), Other Printed Material ($122k), and Washing and Bottling Machines ($80.2k). During the last 13 years the exports of Ireland to Montenegro have decreased at an annualized rate of 10.1%, from $2.63M in 2006 to $662k in 2019.

In 2019, Montenegro exported $19.8k to Ireland. The main products exported from Montenegro to Ireland were Other Iron Products ($4.16k), Gas and Liquid Flow Measuring Instruments ($3.42k), and Melons ($3.38k). During the last 13 years the exports of Montenegro to Ireland have decreased at an annualized rate of 19%, from $307k in 2006 to $19.8k in 2019.

Ireland Exports

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Montenegro Exports

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Market Competitiveness

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Measure

Ireland
Top Destination
: United States, $53.7B

Montenegro
Top Destination
: Serbia, $68.6M

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

In 2019, countries that imported more from Ireland than Montenegro were United States ($53.7B), Belgium ($19B), and Germany ($18.5B).

In 2019, no countries were registered that imported more from Montenegro than from Ireland.

Comparative Advantage Ireland - Montenegro

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Depth

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

During 2019, Ireland had a large net trade with Montenegro in the exports of Chemical Products ($387k), Paper Goods ($122k), and Machines ($94.5k).

During 2019, Montenegro had a large net trade with Ireland in the exports of Machines ($6.08k), Metals ($4.16k), and Instruments ($3.67k).

Flow

Tariff Section

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This section shows import tariffs for products traded between Ireland and Montenegro (using the HS6 product classification and the last year reported).

In 2019, the products from Ireland that paid the highest import tariffs to enter Montenegro were Glucose including syrup of 20%-50% dry weight fructos (104%) and Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (84.5%).

In 2019, the products from Montenegro that paid the highest import tariffs to enter Ireland were Grape wines nes, fortified wine or must, pack < 2l (33.6%) and Grape wines, sparkling (30%).

*The tariffs present between Ireland and Montenegro are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
272: Preferential tariff for Montenegro
272: Preferential tariff for Montenegro

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Ireland has comparative advantage over Montenegro. Similarly, the more red a dot/product is, the more Montenegro has comparative advantage over Ireland.