Montenegro-Armenia Trade: In 2022, Montenegro exported $167k to Armenia. The main products that Montenegro exported to Armenia were Packaged Medicaments ($166k), Trunks and Cases ($781), and Knit Sweaters ($280). Over the past 5 years the exports of Montenegro to Armenia have increased at an annualized rate of 33.1%, from $40.1k in 2017 to $167k in 2022.
In 2022, Montenegro did not export any services to Armenia.
Armenia-Montenegro Trade: In 2022, Armenia exported $187k to Montenegro. The main products that Armenia exported to Montenegro were Machinery Having Individual Functions ($69.5k), Hard Liquor ($30.9k), and Washing and Bottling Machines ($28.7k). Over the past 5 years the exports of Armenia to Montenegro have increased at an annualized rate of 51%, from $15.8k in 2017 to $187k in 2022.
In 2022, Armenia did not export any services to Montenegro.
Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).