Iraq (IRQ) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Iraq-Montenegro Trade: In 2022, Iraq exported $117 to Montenegro. The main products that Iraq exported to Montenegro were Electric Filament ($109) and Integrated Circuits ($8). Over the past 5 years the exports of Iraq to Montenegro have decreased at an annualized rate of 21.6%, from $395 in 2017 to $117 in 2022.

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

Montenegro-Iraq Trade: In 2022, Montenegro exported $6.18k to Iraq. The main products that Montenegro exported to Iraq were Knit T-shirts ($1.83k), Textile Footwear ($1.32k), and Non-Knit Women's Suits ($1.2k). Over the past 5 years the exports of Montenegro to Iraq have decreased at an annualized rate of 33.7%, from $48.4k in 2017 to $6.18k in 2022.

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

Comparison In 2022, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). 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, Iraq exported $117 to Montenegro. The main products exported from Iraq to Montenegro were Electric Filament ($109) and Integrated Circuits ($8). During the last 5 years the exports of Iraq to Montenegro have decreased at an annualized rate of 21.6%, from $395 in 2017 to $117 in 2022.

In 2017, Montenegro exported $6.18k to Iraq. The main products exported from Montenegro to Iraq were Knit T-shirts ($1.83k), Textile Footwear ($1.32k), and Non-Knit Women's Suits ($1.2k). During the last 5 years the exports of Montenegro to Iraq have decreased at an annualized rate of 33.7%, from $48.4k in 2022 to $6.18k in 2017.

Exports from Iraq () to Montenegro () (2022)

Exports from Montenegro () to Iraq () (2022)

Latest Data

Trade between Iraq () and Montenegro ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Iraq than Montenegro included India ($38.8B), China ($34B), and United States ($10.3B).

In 2022, countries that imported more from Montenegro than Iraq included Switzerland ($116M), Bosnia and Herzegovina ($95.5M), and Slovenia ($55M).

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

Comparative Advantage Iraq - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iraq had a large net trade with Montenegro in the exports of Machines ($117).

During 2017, Montenegro had a large net trade with Iraq in the exports of Textiles ($3.03k), Footwear and Headwear ($1.8k), and Animal Hides ($815).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Montenegro () (2022)

Exports from Montenegro () to Iraq () (2022)

Latest Data

Trade between Iraq () and Montenegro ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Iraq - Montenegro

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring