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Pricing

2022
Flag → Flag
Exports $29MRnk 148 / 223
2022
Flag → Flag
Top Product $13.2MCoffee
2022
Flag → Flag
Exports $38.7kRnk 76 / 123
2022
Flag → Flag
Top Product $9.19kComputers
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Brazil-Montenegro Trade: In 2022, Brazil exported $29M to Montenegro. The main products that Brazil exported to Montenegro were Coffee ($13.2M), Frozen Bovine Meat ($6.73M), and Poultry Meat ($2.7M). Over the past 5 years the exports of Brazil to Montenegro have increased at an annualized rate of 9.05%, from $18.8M in 2017 to $29M in 2022.

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

Montenegro-Brazil Trade: In 2022, Montenegro exported $38.7k to Brazil. The main products that Montenegro exported to Brazil were Computers ($9.19k), Non-Knit Women's Suits ($5.55k), and Knit Women's Suits ($4.89k). Over the past 5 years the exports of Montenegro to Brazil have decreased at an annualized rate of 21.7%,  from $215k in 2017 to $38.7k in 2022.

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

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36),  and 25 in total exports ($341B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $1.82M and imported $310 from Montenegro, resulting in a positive trade balance of $1.82M. Between October 2023 and October 2024 the exports of Brazil have decreased by $-2.98M (-62.1%) from $4.79M to $1.82M, while imports decreased by $-888 (-74.1%) from $1.2k to $310.

Trade In October 2024, the top exports of Brazil to Montenegro were Raw Sugar ($234k), Poultry Meat ($234k), Coffee ($221k), Soil Preparation Machinery ($93k), and Eggs ($78.6k). In October 2024 the top imports of Brazil from Montenegro were Metal Insulating Fittings ($100).

Origins In October 2024 the exports of Brazil were mainly from Espírito Santo ($1.09M), Bahia ($423k), Minas Gerais ($112k), Mato Grosso do Sul ($79.9k), and São Paulo ($64.4k), while imports destinations were mainly São Paulo ($310).

Growth In October 2024, the decrease in Brazil's year-by-year exports to Montenegro was explained primarily by an decrease in product exports in Coffee ($-2.21M or -90.9%). In October 2024, the decrease in Brazil's year-by-year imports  from Montenegro was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$-2.98M(-62.1%)
IMPORT GROWTH (October 2023 - October 2024)$-888(-74.1%)
MAIN EXPORTER (October 2024)Espírito Santo$1.09M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $29M to Montenegro. The main products exported from Brazil to Montenegro were Coffee ($13.2M), Frozen Bovine Meat ($6.73M), and Poultry Meat ($2.7M). During the last 5 years the exports of Brazil to Montenegro have increased at an annualized rate of 9.05%, from $18.8M in 2017 to $29M in 2022.

In 2017, Montenegro exported $38.7k to Brazil. The main products exported from Montenegro to Brazil were Computers ($9.19k), Non-Knit Women's Suits ($5.55k), and Knit Women's Suits ($4.89k). During the last 5 years the exports of Montenegro to Brazil have decreased at an annualized rate of 21.7%, from $215k in 2022 to $38.7k in 2017.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Brazil than Montenegro included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Montenegro than Brazil included Serbia ($159M) and San Marino ($2.1M).

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

Comparative Advantage Brazil - Montenegro

Flow
Scale

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

During 2022, Brazil had a large net trade with Montenegro in the exports of Vegetable Products ($13.4M), Animal Products ($9.54M), and Foodstuffs ($3.4M).

During 2017, Montenegro had a large net trade with Brazil in the exports of Textiles ($16.6k), Machines ($15.3k), and Footwear and Headwear ($4.52k).

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Montenegro (Flag) (2022)

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