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2022
Flag → Flag
Exports $471Rnk 115 / 0
2022
Flag → Flag
Exports $207kRnk 95 / 124
2022
Flag → Flag
Top Product $179kPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI -0.75Rnk 99 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC $12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH-10.3%CURRENT US$
Rnk 169 / 195

About

Montenegro-Algeria Trade: In 2022, Montenegro exported $471 to Algeria. The main products that Montenegro exported to Algeria were N/A. Over the past 11 years the exports of Montenegro to Algeria have decreased at an annualized rate of 42.2%, from $195k in 2011 to $471 in 2022.

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

Algeria-Montenegro Trade: In 2022, Algeria exported $207k to Montenegro. The main products that Algeria exported to Montenegro were Petroleum Gas ($179k), Raw Sugar ($18.9k), and Safety Glass ($8.23k). Over the past 11 years the exports of Algeria to Montenegro have decreased at an annualized rate of 29.1%,  from $1.16M in 2011 to $207k in 2022.

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

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $471 to Algeria. There were not main exports from Montenegro to Algeria in 2022. During the last 11 years the exports of Montenegro to Algeria have decreased at an annualized rate of 42.2%, from $195k in 2011 to $471 in 2022.

In 2018, Algeria exported $207k to Montenegro. The main products exported from Algeria to Montenegro were Petroleum Gas ($179k), Raw Sugar ($18.9k), and Safety Glass ($8.23k). During the last 5 years the exports of Algeria to Montenegro have decreased at an annualized rate of 29.1%, from $1.16M in 2023 to $207k in 2018.

Exports from Montenegro (Flag) to Algeria (Flag) (2023)

Exports from Algeria (Flag) to Montenegro (Flag) (2023)

Latest Data

Trade between Montenegro (Flag) and Algeria (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Algeria
Top DestinationItaly$15.2B

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

In 2023, countries that imported more from Montenegro than Algeria included Serbia ($202M), Bosnia and Herzegovina ($67.5M), and Sweden ($50.2M).

In 2023, countries that imported more from Algeria than Montenegro included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

Difference in imports from Algeria (Flag) and Montenegro (Flag) (2023)

Comparative Advantage Montenegro - Algeria

Flow
Scale

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

During 2022, Montenegro had a large net trade with Algeria in the exports of .

During 2018, Algeria had a large net trade with Montenegro in the exports of Mineral Products ($179k), Foodstuffs ($18.9k), and Stone And Glass ($8.23k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Algeria (Flag) (2023)

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