Montenegro (MNE) and Andorra (AND) Trade | The Observatory of Economic Complexity

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In N/A, Montenegro did not export any services to Andorra.

Andorra-Montenegro Trade: In N/A, Andorra exported $85.5k to Montenegro. The main products that Andorra exported to Montenegro were Integrated Circuits ($84.8k), Knit Men's Suits ($622), and Chocolate ($102). Over the past N/A years the exports of Andorra to Montenegro have decreased at an annualized rate of 3.13%, from $100k in N/A to $85.5k in N/A.

In N/A, Andorra did not export any services to Montenegro.

Comparison In 2023, Montenegro ranked 151 in total exports ($1.53B). That same year, Andorra ranked 180 in total exports ($253M). 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

Montenegro does not register exports to Andorra.

In 2018, Andorra exported $85.5k to Montenegro. The main products exported from Andorra to Montenegro were Integrated Circuits ($84.8k), Knit Men's Suits ($622), and Chocolate ($102). During the last 5 years the exports of Andorra to Montenegro have decreased at an annualized rate of 3.13%, from $100k in 2023 to $85.5k in 2018.

Exports from Montenegro () to Andorra () (2023)

Exports from Andorra () to Montenegro () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationItaly$576M

Andorra
Top DestinationSpain$99.1M

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

In 2023, countries that imported more from Montenegro than Andorra included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

In 2023, countries that imported more from Andorra than Montenegro included United States ($53.2M), France ($27.4M), and United Kingdom ($12.1M).

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

Comparative Advantage Montenegro - Andorra

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Andorra had a large net trade with Montenegro in the exports of Machines ($84.8k), Textiles ($622), and Foodstuffs ($102).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Andorra () (2023)

Exports from Andorra () to Montenegro () (2023)

Market Competitiveness

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

Comparative Advantage Montenegro - Andorra

Economic Complexity

Competitive Landscape

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

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