2022
Flag  
GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC 
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

Argentina-Montenegro Trade: In 2022, Argentina exported $3.37M to Montenegro. The main products that Argentina exported to Montenegro were Fish Fillets ($866k), Ground Nuts ($808k), and Crustaceans ($668k). Over the past 5 years the exports of Argentina to Montenegro have increased at an annualized rate of 12.5%, from $1.87M in 2017 to $3.37M in 2022.

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

Montenegro-Argentina Trade: In 2022, Montenegro exported $39.9k to Argentina. The main products that Montenegro exported to Argentina were Centrifuges ($22.2k), Light Fixtures ($7.89k), and Large Flat-Rolled Stainless Steel ($3.16k). Over the past 5 years the exports of Montenegro to Argentina have increased at an annualized rate of 75.5%,  from $2.4k in 2017 to $39.9k in 2022.

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

Comparison In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064),  and 47 in total exports ($87.2B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $3.37M to Montenegro. The main products exported from Argentina to Montenegro were Fish Fillets ($866k), Ground Nuts ($808k), and Crustaceans ($668k). During the last 5 years the exports of Argentina to Montenegro have increased at an annualized rate of 12.5%, from $1.87M in 2017 to $3.37M in 2022.

In 2017, Montenegro exported $39.9k to Argentina. The main products exported from Montenegro to Argentina were Centrifuges ($22.2k), Light Fixtures ($7.89k), and Large Flat-Rolled Stainless Steel ($3.16k). During the last 5 years the exports of Montenegro to Argentina have increased at an annualized rate of 75.5%, from $2.4k in 2022 to $39.9k in 2017.

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

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

Latest Data

Trade between Argentina (Flag) and Montenegro (Flag)

Argentina Exports

Montenegro Exports

Date

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.6B
Montenegro
Top Destination
South Korea$321M

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 2022, countries that imported more from Argentina than Montenegro included Brazil ($12.6B), China ($8B), and United States ($6.99B).

In 2022, countries that imported more from Montenegro than Argentina included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Slovenia ($55M).

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

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 2022, Argentina had a large net trade with Montenegro in the exports of Animal Products ($1.69M), Vegetable Products ($1.49M), and Foodstuffs ($140k).

During 2017, Montenegro had a large net trade with Argentina in the exports of Machines ($22.7k), Miscellaneous ($7.89k), and Metals ($5.26k).

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) (2022)

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