2023
Flag  
GDP
$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH
17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC 
$14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH
9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

Argentina-Montenegro Trade: In 2023, Argentina exported $3.74M to Montenegro. The main products that Argentina exported to Montenegro were Crustaceans ($884k), Fish Fillets ($705k), and Dried Legumes ($490k). Over the past 5 years the exports of Argentina to Montenegro have increased at an annualized rate of 1.12%, from $3.53M in 2018 to $3.74M in 2023.

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

Montenegro-Argentina Trade: In 2023, Montenegro exported $4.69k to Argentina. The main products that Montenegro exported to Argentina were Building Stone ($2.13k), Centrifuges ($1.99k), and Transmissions ($554). Over the past 5 years the exports of Montenegro to Argentina have decreased at an annualized rate of 0.019%,  from $4.7k in 2018 to $4.69k in 2023.

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

Comparison In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043),  and 50 in total exports ($68.3B). That same year, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $3.74M to Montenegro. The main products exported from Argentina to Montenegro were Crustaceans ($884k), Fish Fillets ($705k), and Dried Legumes ($490k). During the last 5 years the exports of Argentina to Montenegro have increased at an annualized rate of 1.12%, from $3.53M in 2018 to $3.74M in 2023.

In 2018, Montenegro exported $4.69k to Argentina. The main products exported from Montenegro to Argentina were Building Stone ($2.13k), Centrifuges ($1.99k), and Transmissions ($554). During the last 5 years the exports of Montenegro to Argentina have decreased at an annualized rate of 0.019%, from $4.7k in 2023 to $4.69k in 2018.

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

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

Latest Data

Trade between Argentina (Flag) and Montenegro (Flag)

Argentina Exports

Montenegro Exports

Date

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.1B
Montenegro
Top Destination
Italy$576M

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

In 2023, countries that imported more from Argentina than Montenegro included Brazil ($12.1B), United States ($6.27B), and Chile ($5.57B).

In 2023, countries that imported more from Montenegro than Argentina included Serbia ($202M), Slovenia ($77.9M), and Bosnia and Herzegovina ($67.5M).

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

Comparative Advantage Argentina - Montenegro

Flow
Scale

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

During 2023, Argentina had a large net trade with Montenegro in the exports of Animal Products ($1.86M), Vegetable Products ($1.52M), and Foodstuffs ($343k).

During 2018, Montenegro had a large net trade with Argentina in the exports of Machines ($2.54k), Stone And Glass ($2.13k), and Miscellaneous ($24).

Economic Complexity

Competitive Landscape

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

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

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