Bolivia (BOL) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Bolivia-Montenegro Trade: In 2023, Bolivia exported $96k to Montenegro. The main products that Bolivia exported to Montenegro were Coconuts, Brazil Nuts, and Cashews ($86.7k), Other Oily Seeds ($3.53k), and Cinnamon ($2.57k). Over the past 5 years the exports of Bolivia to Montenegro have increased at an annualized rate of 7.43%, from $67.1k in 2018 to $96k in 2023.

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

Montenegro-Bolivia Trade: In 2023, Montenegro exported $7.14k to Bolivia. The main products that Montenegro exported to Bolivia were Centrifuges ($5.44k), Motor vehicles; parts and accessories (8701 to 8705) ($837), and Transmissions ($500). Over the past 5 years the exports of Montenegro to Bolivia have increased at an annualized rate of 1.75%, from $6.55k in 2018 to $7.14k in 2023.

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

Comparison In 2023, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B). That same year, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Montenegro, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Bolivia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Bolivia to Montenegro were . In N/A the top imports of Bolivia from Montenegro were Filtering or purifying machinery and apparatus,... ($123).

Origins In N/A the exports of Bolivia were mainly from N/A, while imports destinations were mainly Santa Cruz ($1.46k) and La Paz ($53).

Growth In N/A, the N/A in Bolivia's year-by-year exports to Montenegro was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports from Montenegro was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

This section shows exports and imports data at subnational level for Bolivia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Bolivia over time.

To check Montenegro and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Montenegro and Bolivia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bolivia exported $96k to Montenegro. The main products exported from Bolivia to Montenegro were Coconuts, Brazil Nuts, and Cashews ($86.7k), Other Oily Seeds ($3.53k), and Cinnamon ($2.57k). During the last 5 years the exports of Bolivia to Montenegro have increased at an annualized rate of 7.43%, from $67.1k in 2018 to $96k in 2023.

In 2018, Montenegro exported $7.14k to Bolivia. The main products exported from Montenegro to Bolivia were Centrifuges ($5.44k), Motor vehicles; parts and accessories (8701 to 8705) ($837), and Transmissions ($500). During the last 5 years the exports of Montenegro to Bolivia have increased at an annualized rate of 1.75%, from $6.55k in 2023 to $7.14k in 2018.

Exports from Bolivia () to Montenegro () (2023)

Exports from Montenegro () to Bolivia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bolivia
Top DestinationBrazil$1.54B

Montenegro
Top DestinationItaly$576M

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

In 2023, countries that imported more from Bolivia than Montenegro included Brazil ($1.54B), India ($1.33B), and China ($1.21B).

In 2023, countries that imported more from Montenegro than Bolivia included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

Difference in imports from Montenegro () and Bolivia () (2023)

Comparative Advantage Bolivia - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bolivia had a large net trade with Montenegro in the exports of Vegetable Products ($96k).

During 2018, Montenegro had a large net trade with Bolivia in the exports of Machines ($5.96k), Transportation ($837), and Metals ($348).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from Bolivia () to Montenegro () (2023)

Exports from Montenegro () to Bolivia () (2023)

Market Competitiveness

Difference in imports from Montenegro () and Bolivia () (2023)

Comparative Advantage Bolivia - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Bolivia () and Montenegro () (2023)

Keep Exploring