Austria / Montenegro

Austria-Montenegro Trade: In 2022, Austria exported $50.5M to Montenegro. The main products that Austria exported to Montenegro were Lifting Machinery ($3.96M), Packaged Medicaments ($3.77M), and Cars ($3.4M). Over the past 5 years the exports of Austria to Montenegro have decreased at an annualized rate of 3.22%, from $59.5M in 2017 to $50.5M in 2022.

In 2011, Austria exported services to Montenegro worth $347M, with Insurance services ($331M), Communications services ($8.35M), and Transportation ($4.18M) being the largest in terms of value.

Montenegro-Austria Trade: In 2022, Montenegro exported $3.52M to Austria. The main products that Montenegro exported to Austria were Essential Oils ($748k), Explosive Ammunition ($676k), and Dried Vegetables ($583k). Over the past 5 years the exports of Montenegro to Austria have increased at an annualized rate of 4.04%,  from $2.56M in 2017 to $3.52M in 2022.

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

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5),  and 32 in total exports ($209B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.