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Flag → Flag
Exports $132kRnk 58 / 144
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Flag → Flag
Top Product $132kIntegrated Circuits
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
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GDP PC$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH-6.48%CURRENT US$
Rnk 157 / 186

About

In N/A, Montenegro did not export any services to Andorra.

Andorra-Montenegro Trade: In N/A, Andorra exported $132k to Montenegro. The main products that Andorra exported to Montenegro were Integrated Circuits ($132k). Over the past N/A years the exports of Andorra to Montenegro have decreased at an annualized rate of 2.19%,  from $147k in N/A to $132k in N/A.

In N/A, Andorra did not export any services to Montenegro.

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B). That same year, Andorra ranked 174 in total exports ($407M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Montenegro does not register exports to Andorra.

In 2017, Andorra exported $132k to Montenegro. The main products exported from Andorra to Montenegro were Integrated Circuits ($132k). During the last 5 years the exports of Andorra to Montenegro have decreased at an annualized rate of 2.19%, from $147k in 2022 to $132k in 2017.

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

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

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Andorra
Top DestinationSpain$297M

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

In 2022, countries that imported more from Montenegro than Andorra included South Korea ($321M), Serbia ($159M), and Italy ($125M).

In 2022, countries that imported more from Andorra than Montenegro included Spain ($297M), France ($25.5M), and United Kingdom ($13.5M).

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

Comparative Advantage Montenegro - Andorra

Flow
Scale

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

During 2017, Andorra had a large net trade with Montenegro in the exports of Machines ($132k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

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