Montenegro (MNE) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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

Ethiopia-Montenegro Trade: In N/A, Ethiopia exported $25.7k to Montenegro. The main products that Ethiopia exported to Montenegro were Cut Flowers ($19.6k), Knit Active Wear ($3.02k), and Knit Sweaters ($1.85k). Over the past N/A years the exports of Ethiopia to Montenegro have increased at an annualized rate of 26.7%, from $7.88k in N/A to $25.7k in N/A.

In N/A, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Montenegro does not register exports to Ethiopia. The main products exported from Montenegro to Ethiopia were Aircraft Parts ($320k), Fireworks ($18.4k), and Low-voltage Protection Equipment ($567).

In 2017, Ethiopia exported $25.7k to Montenegro. The main products exported from Ethiopia to Montenegro were Cut Flowers ($19.6k), Knit Active Wear ($3.02k), and Knit Sweaters ($1.85k). During the last 5 years the exports of Ethiopia to Montenegro have increased at an annualized rate of 26.7%, from $7.88k in 2022 to $25.7k in 2017.

Exports from Montenegro () to Ethiopia () (2022)

Exports from Ethiopia () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Ethiopia ()

Montenegro Exports

Date

Dec 2020

Jul 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Montenegro than Ethiopia included South Korea ($321M), Serbia ($159M), and Bosnia and Herzegovina ($95.5M).

In 2022, countries that imported more from Ethiopia than Montenegro included United Arab Emirates ($723M), United States ($557M), and Saudi Arabia ($268M).

Difference in imports from Ethiopia () and Montenegro () (2022)

Comparative Advantage Montenegro - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Ethiopia had a large net trade with Montenegro in the exports of Vegetable Products ($20.8k) and Textiles ($4.91k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Ethiopia () (2022)

Exports from Ethiopia () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Ethiopia ()

Montenegro Exports

Market Competitiveness

Difference in imports from Ethiopia () and Montenegro () (2022)

Comparative Advantage Montenegro - Ethiopia

Economic Complexity

Competitive Landscape

Product Space of Montenegro () and Ethiopia () (2022)

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