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2022
Flag → Flag
Exports $38.7kRnk 76 / 123
2022
Flag → Flag
Top Product $9.19kComputers
2022
Flag → Flag
Exports $29MRnk 148 / 223
2022
Flag → Flag
Top Product $13.2MCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 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$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

Montenegro-Brazil Trade: In 2022, Montenegro exported $38.7k to Brazil. The main products that Montenegro exported to Brazil were Computers ($9.19k), Non-Knit Women's Suits ($5.55k), and Knit Women's Suits ($4.89k). Over the past 5 years the exports of Montenegro to Brazil have decreased at an annualized rate of 29%, from $215k in 2017 to $38.7k in 2022.

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

Brazil-Montenegro Trade: In 2022, Brazil exported $29M to Montenegro. The main products that Brazil exported to Montenegro were Coffee ($13.2M), Frozen Bovine Meat ($6.73M), and Poultry Meat ($2.7M). Over the past 5 years the exports of Brazil to Montenegro have increased at an annualized rate of 9.05%,  from $18.8M in 2017 to $29M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $38.7k to Brazil. The main products exported from Montenegro to Brazil were Computers ($9.19k), Non-Knit Women's Suits ($5.55k), and Knit Women's Suits ($4.89k). During the last 5 years the exports of Montenegro to Brazil have decreased at an annualized rate of 29%, from $215k in 2017 to $38.7k in 2022.

In 2017, Brazil exported $29M to Montenegro. The main products exported from Brazil to Montenegro were Coffee ($13.2M), Frozen Bovine Meat ($6.73M), and Poultry Meat ($2.7M). During the last 5 years the exports of Brazil to Montenegro have increased at an annualized rate of 9.05%, from $18.8M in 2022 to $29M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Brazil (Flag)

Montenegro Exports

Brazil Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Montenegro than Brazil included Serbia ($159M) and San Marino ($2.1M).

In 2022, countries that imported more from Brazil than Montenegro included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Montenegro - Brazil

Flow
Scale

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

During 2022, Montenegro had a large net trade with Brazil in the exports of Textiles ($16.6k), Machines ($15.3k), and Footwear and Headwear ($4.52k).

During 2017, Brazil had a large net trade with Montenegro in the exports of Vegetable Products ($13.4M), Animal Products ($9.54M), and Foodstuffs ($3.4M).

Economic Complexity

Competitive Landscape

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

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

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