2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 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 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 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

Iran-Montenegro Trade: In 2022, Iran exported $1.7M to Montenegro. The main products that Iran exported to Montenegro were Float Glass ($675k), Safety Glass ($320k), and Tropical Fruits ($285k). Over the past 5 years the exports of Iran to Montenegro have increased at an annualized rate of 32%, from $425k in 2017 to $1.7M in 2022.

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

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

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

Comparison In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072),  and 86 in total exports ($15.9B). 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, Iran exported $1.7M to Montenegro. The main products exported from Iran to Montenegro were Float Glass ($675k), Safety Glass ($320k), and Tropical Fruits ($285k). During the last 5 years the exports of Iran to Montenegro have increased at an annualized rate of 32%, from $425k in 2017 to $1.7M in 2022.

Montenegro does not register exports to Iran.

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

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

Latest Data

Trade between Iran (Flag) and Montenegro (Flag)

Montenegro Exports

Date

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Iran than Montenegro included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

In 2022, countries that imported more from Montenegro than Iran included South Korea ($321M), Serbia ($159M), and Switzerland ($116M).

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

Comparative Advantage Iran - Montenegro

Flow
Scale

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

During 2022, Iran had a large net trade with Montenegro in the exports of Stone And Glass ($1.11M), Vegetable Products ($437k), and Foodstuffs ($92.1k).

Economic Complexity

Competitive Landscape

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

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

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