Azerbaijan-Montenegro Trade: In 2022, Azerbaijan exported $21.9k to Montenegro. The main products that Azerbaijan exported to Montenegro were Petroleum Gas ($20.1k), Other Fermented Beverages ($1.04k), and Flavored Water ($389). Over the past 5 years the exports of Azerbaijan to Montenegro have decreased at an annualized rate of 6.1%, from $30k in 2017 to $21.9k in 2022.
In 2022, Azerbaijan did not export any services to Montenegro.
Montenegro-Azerbaijan Trade: In 2022, Montenegro exported $207k to Azerbaijan. The main products that Montenegro exported to Azerbaijan were Packaged Medicaments ($185k), Electrical Control Boards ($16k), and Non-Knit Women's Suits ($3.24k). Over the past 5 years the exports of Montenegro to Azerbaijan have increased at an annualized rate of 8.39%, from $118k in 2017 to $207k in 2022.
In 2022, Montenegro did not export any services to Azerbaijan.
Comparison In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.