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2022
Flag → Flag
Exports $471Rnk 113 / 123
2022
Flag → Flag
Top Product $471Knit T-shirts
2022
Flag → Flag
Exports $3.09MRnk 76 / 125
2022
Flag → Flag
Top Product $2.11MRaw Sugar
2022
Flag
Economic Complexity (ECI) ECI -0.64Rnk 95 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH-8.2%CURRENT US$
Rnk 173 / 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$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH-23.8%CURRENT US$
Rnk 175 / 186

About

Montenegro-Algeria Trade: In 2022, Montenegro exported $471 to Algeria. The main products that Montenegro exported to Algeria were Knit T-shirts ($471). Over the past 11 years the exports of Montenegro to Algeria have decreased at an annualized rate of 42.2%, from $195k in 2011 to $471 in 2022.

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

Algeria-Montenegro Trade: In 2022, Algeria exported $3.09M to Montenegro. The main products that Algeria exported to Montenegro were Raw Sugar ($2.11M), Petroleum Gas ($811k), and Safety Glass ($118k). Over the past 11 years the exports of Algeria to Montenegro have increased at an annualized rate of 63.4%,  from $265k in 2011 to $3.09M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $471 to Algeria. The main products exported from Montenegro to Algeria were Knit T-shirts ($471). During the last 11 years the exports of Montenegro to Algeria have decreased at an annualized rate of 42.2%, from $195k in 2011 to $471 in 2022.

In 2017, Algeria exported $3.09M to Montenegro. The main products exported from Algeria to Montenegro were Raw Sugar ($2.11M), Petroleum Gas ($811k), and Safety Glass ($118k). During the last 5 years the exports of Algeria to Montenegro have increased at an annualized rate of 63.4%, from $265k in 2022 to $3.09M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Algeria (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Algeria
Top DestinationItaly$16.9B

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

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

In 2022, countries that imported more from Algeria than Montenegro included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Montenegro - Algeria

Flow
Scale

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

During 2022, Montenegro had a large net trade with Algeria in the exports of Textiles ($471).

During 2017, Algeria had a large net trade with Montenegro in the exports of Foodstuffs ($2.11M), Mineral Products ($811k), and Stone And Glass ($169k).

Economic Complexity

Competitive Landscape

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

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

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