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 63.9%, from $15.8k in 2017 to $187k in 2022.
In 2022, Armenia did not export any services to Montenegro.
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.
Comparison In 2022, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.