Ethiopia (ETH) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Ethiopia-Montenegro Trade: In 2022, Ethiopia exported $25.7k to Montenegro. The main products that Ethiopia exported to Montenegro were Cut Flowers ($19.6k), Knit Active Wear ($3.02k), and Knit Sweaters ($1.85k). Over the past 5 years the exports of Ethiopia to Montenegro have increased at an annualized rate of 26.7%, from $7.88k in 2017 to $25.7k in 2022.

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

Montenegro-Ethiopia In N/A, Montenegro did not export any products to Ethiopia.

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

Comparison In 2022, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ethiopia exported $25.7k to Montenegro. The main products exported from Ethiopia to Montenegro were Cut Flowers ($19.6k), Knit Active Wear ($3.02k), and Knit Sweaters ($1.85k). During the last 5 years the exports of Ethiopia to Montenegro have increased at an annualized rate of 26.7%, from $7.88k in 2017 to $25.7k in 2022.

Montenegro does not register exports to Ethiopia. The main products exported from Montenegro to Ethiopia were Aircraft Parts ($320k), Fireworks ($18.4k), and Low-voltage Protection Equipment ($567).

Exports from Ethiopia () to Montenegro () (2022)

Exports from Montenegro () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Montenegro ()

Montenegro Exports

Date

Dec 2020

Jul 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Ethiopia than Montenegro included United Arab Emirates ($723M), United States ($557M), and Saudi Arabia ($268M).

In 2022, countries that imported more from Montenegro than Ethiopia included South Korea ($321M), Serbia ($159M), and Bosnia and Herzegovina ($95.5M).

Difference in imports from Montenegro () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ethiopia had a large net trade with Montenegro in the exports of Vegetable Products ($20.8k) and Textiles ($4.91k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Montenegro () (2022)

Exports from Montenegro () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Montenegro ()

Montenegro Exports

Market Competitiveness

Difference in imports from Montenegro () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Montenegro () (2022)

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