2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH
34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC 
$12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC
$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH
22.9%CURRENT US$
Rnk 94 / 195

About

Montenegro-Mexico Trade: In 2023, Montenegro exported $81.2k to Mexico. The main products that Montenegro exported to Mexico were N/A. Over the past 5 years the exports of Montenegro to Mexico have increased at an annualized rate of 81.6%, from $4.11k in 2018 to $81.2k in 2023.

In 2023, Montenegro did not export any services to Mexico.

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

In 2023, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $81.2k to Mexico. There were not main exports from Montenegro to Mexico in 2023. During the last 5 years the exports of Montenegro to Mexico have increased at an annualized rate of 81.6%, from $4.11k in 2018 to $81.2k in 2023.

Mexico does not register exports to Montenegro. The main products exported from Mexico to Montenegro were Cars ($938k), Raw Sugar ($849k), and Recreational Boats ($652k).

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

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

Latest Data

Trade between Montenegro (Flag) and Mexico (Flag)

Montenegro Exports

Mexico Exports

Market Competitiveness

Color
Montenegro
Top Destination
N/AN/A
Mexico
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Montenegro - Mexico

Flow
Scale

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

During 2023, Montenegro had a large net trade with Mexico in the exports of Footwear and Headwear ($34k), Textiles ($27.2k), and Animal Hides ($11.4k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with