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2022
Flag → Flag
Exports $39.9kRnk 75 / 123
2022
Flag → Flag
Top Product $22.2kCentrifuges
2022
Flag → Flag
Exports $3.37MRnk 142 / 168
2022
Flag → Flag
Top Product $866kFish Fillets
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Montenegro-Argentina Trade: In 2022, Montenegro exported $39.9k to Argentina. The main products that Montenegro exported to Argentina were Centrifuges ($22.2k), Light Fixtures ($7.89k), and Large Flat-Rolled Stainless Steel ($3.16k). Over the past 5 years the exports of Montenegro to Argentina have increased at an annualized rate of 75.5%, from $2.4k in 2017 to $39.9k in 2022.

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

Argentina-Montenegro Trade: In 2022, Argentina exported $3.37M to Montenegro. The main products that Argentina exported to Montenegro were Fish Fillets ($866k), Ground Nuts ($808k), and Crustaceans ($668k). Over the past 5 years the exports of Argentina to Montenegro have increased at an annualized rate of 12.5%,  from $1.87M in 2017 to $3.37M in 2022.

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

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $39.9k to Argentina. The main products exported from Montenegro to Argentina were Centrifuges ($22.2k), Light Fixtures ($7.89k), and Large Flat-Rolled Stainless Steel ($3.16k). During the last 5 years the exports of Montenegro to Argentina have increased at an annualized rate of 75.5%, from $2.4k in 2017 to $39.9k in 2022.

In 2017, Argentina exported $3.37M to Montenegro. The main products exported from Argentina to Montenegro were Fish Fillets ($866k), Ground Nuts ($808k), and Crustaceans ($668k). During the last 5 years the exports of Argentina to Montenegro have increased at an annualized rate of 12.5%, from $1.87M in 2022 to $3.37M in 2017.

Exports from Montenegro (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to Montenegro (Flag) (2022)

Latest Data

Trade between Montenegro (Flag) and Argentina (Flag)

Montenegro Exports

Argentina Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Montenegro than Argentina included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Slovenia ($55M).

In 2022, countries that imported more from Argentina than Montenegro included Brazil ($12.6B), China ($8B), and United States ($6.99B).

Difference in imports from Argentina (Flag) and Montenegro (Flag) (2022)

Comparative Advantage Montenegro - Argentina

Flow
Scale

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

During 2022, Montenegro had a large net trade with Argentina in the exports of Machines ($22.7k), Miscellaneous ($7.89k), and Metals ($5.26k).

During 2017, Argentina had a large net trade with Montenegro in the exports of Animal Products ($1.69M), Vegetable Products ($1.49M), and Foodstuffs ($140k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Argentina (Flag) (2022)

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