Guinea-Bissau (GNB) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Guinea-Bissau-Montenegro Trade: In 2023, Guinea-Bissau exported $1.24k to Montenegro. The main products that Guinea-Bissau exported to Montenegro were Nutmeg, mace and cardamons ($1.05k), Rubber Tires ($133), and Rubber Belting ($52). Over the past 5 years the exports of Guinea-Bissau to Montenegro have increased at an annualized rate of 14.1%, from $638 in 2018 to $1.24k in 2023.

In 2023, Guinea-Bissau did not export any services to Montenegro.

Montenegro-Guinea-Bissau In false, Montenegro did not export any products to Guinea-Bissau.

In 2023, Montenegro did not export any services to Guinea-Bissau.

Comparison In 2023, Guinea-Bissau ranked 194 in total exports ($109M). That same year, Montenegro ranked 151 in total exports ($1.53B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guinea-Bissau exported $1.24k to Montenegro. The main products exported from Guinea-Bissau to Montenegro were Nutmeg, mace and cardamons ($1.05k), Rubber Tires ($133), and Rubber Belting ($52). During the last 5 years the exports of Guinea-Bissau to Montenegro have increased at an annualized rate of 14.1%, from $638 in 2018 to $1.24k in 2023.

Montenegro does not register exports to Guinea-Bissau.

Exports from Guinea-Bissau () to Montenegro () (2023)

Exports from Montenegro () to Guinea-Bissau () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea-Bissau
Top DestinationIndia$72.3M

Montenegro
Top DestinationItaly$576M

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

In 2023, countries that imported more from Guinea-Bissau than Montenegro included India ($72.3M), Chile ($10M), and Cote d'Ivoire ($5.88M).

In 2023, countries that imported more from Montenegro than Guinea-Bissau included Italy ($576M), Serbia ($202M), and Spain ($91.1M).

Difference in imports from Montenegro () and Guinea-Bissau () (2023)

Comparative Advantage Guinea-Bissau - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Guinea-Bissau and Montenegro by product, considering products traded by both, Guinea-Bissau and Montenegro.

During 2023, Guinea-Bissau had a large net trade with Montenegro in the exports of Vegetable Products ($1.05k), Plastics and Rubbers ($185), and Transportation ($4).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea-Bissau () to Montenegro () (2023)

Exports from Montenegro () to Guinea-Bissau () (2023)

Market Competitiveness

Difference in imports from Montenegro () and Guinea-Bissau () (2023)

Comparative Advantage Guinea-Bissau - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Guinea-Bissau () and Montenegro () (2023)

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