Greenland (GRL) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Greenland-Montenegro Trade: In 2021, Greenland exported $2 to Montenegro. The main products that Greenland exported to Montenegro were N/A. Over the past 10 years the exports of Greenland to Montenegro have decreased at an annualized rate of 42%, from $465 in 2011 to $2 in 2021.

In 2021, Greenland did not export any services to Montenegro.

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

In 2021, Montenegro did not export any services to Greenland.

Comparison In 2022, Greenland ranked 152 in total exports ($1.49B). That same year, Montenegro ranked 154 in total exports ($1.32B). 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 2021, Greenland exported $2 to Montenegro. There were not main exports from Greenland to Montenegro in 2021. During the last 10 years the exports of Greenland to Montenegro have decreased at an annualized rate of 42%, from $465 in 2011 to $2 in 2021.

Montenegro does not register exports to Greenland.

Exports from Greenland () to Montenegro () (2021)

Exports from Montenegro () to Greenland () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greenland
Top DestinationDenmark$731M

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Greenland than Montenegro included Denmark ($731M), China ($353M), and United Kingdom ($86M).

In 2022, countries that imported more from Montenegro than Greenland included South Korea ($321M), Serbia ($159M), and Italy ($125M).

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

Comparative Advantage Greenland - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Greenland had a large net trade with Montenegro in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greenland () to Montenegro () (2021)

Exports from Montenegro () to Greenland () (2021)

Market Competitiveness

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

Comparative Advantage Greenland - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Greenland () and Montenegro () (2021)

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