Montenegro (MNE) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Montenegro-Angola Trade: In 2023, Montenegro exported $985 to Angola. The main products that Montenegro exported to Angola were Knit Sweaters ($573) and Knit T-shirts ($412). Over the past 9 years the exports of Montenegro to Angola have decreased at an annualized rate of 20.9%, from $8.13k in 2014 to $985 in 2023.

In 2023, Montenegro did not export any services to Angola.

Angola-Montenegro Trade: In 2023, Angola exported $2.27k to Montenegro. The main products that Angola exported to Montenegro were N/A. Over the past 9 years the exports of Angola to Montenegro have decreased at an annualized rate of 36.2%, from $21.4k in 2014 to $2.27k in 2023.

In 2023, Angola did not export any services to Montenegro.

Comparison In 2023, Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Montenegro exported $985 to Angola. The main products exported from Montenegro to Angola were Knit Sweaters ($573) and Knit T-shirts ($412). During the last 9 years the exports of Montenegro to Angola have decreased at an annualized rate of 20.9%, from $8.13k in 2014 to $985 in 2023.

In 2015, Angola exported $2.27k to Montenegro. There were not main exports from Angola to Montenegro in 2015. During the last 5 years the exports of Angola to Montenegro have decreased at an annualized rate of 36.2%, from $21.4k in 2020 to $2.27k in 2015.

Exports from Montenegro () to Angola () (2023)

Exports from Angola () to Montenegro () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationItaly$576M

Angola
Top DestinationChina$17.1B

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

In 2023, countries that imported more from Montenegro than Angola included Serbia ($202M), Slovenia ($77.9M), and Bosnia and Herzegovina ($67.5M).

In 2023, countries that imported more from Angola than Montenegro included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

Difference in imports from Angola () and Montenegro () (2023)

Comparative Advantage Montenegro - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Montenegro had a large net trade with Angola in the exports of N/A.

During 2015, Angola 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 Montenegro and Angola. This means that a dot/product with the flag of Montenegro indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Montenegro.

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Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Angola () (2023)

Exports from Angola () to Montenegro () (2023)

Market Competitiveness

Difference in imports from Angola () and Montenegro () (2023)

Comparative Advantage Montenegro - Angola

Economic Complexity

Competitive Landscape

Product Space of Montenegro () and Angola () (2023)

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