2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC 
$12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

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

Ethiopia-Montenegro Trade: In N/A, Ethiopia exported $24.6k to Montenegro. The main products that Ethiopia exported to Montenegro were Cut Flowers ($11.9k), Coffee ($6.95k), and Knit Sweaters ($3.79k). Over the past N/A years the exports of Ethiopia to Montenegro have increased at an annualized rate of 11.1%,  from $13k in N/A to $24.6k in N/A.

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

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

Montenegro does not register exports to Ethiopia.

In 2018, Ethiopia exported $24.6k to Montenegro. The main products exported from Ethiopia to Montenegro were Cut Flowers ($11.9k), Coffee ($6.95k), and Knit Sweaters ($3.79k). During the last 5 years the exports of Ethiopia to Montenegro have increased at an annualized rate of 11.1%, from $13k in 2023 to $24.6k in 2018.

Exports from Montenegro (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to Montenegro (Flag) (2023)

Latest Data

Trade between Montenegro (Flag) and Ethiopia (Flag)

Montenegro Exports

Date

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Ethiopia
Top Destination
United States$487M

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

In 2023, countries that imported more from Ethiopia than Montenegro included United States ($487M), China ($402M), and United Arab Emirates ($314M).

Difference in imports from Ethiopia (Flag) and Montenegro (Flag) (2023)

Comparative Advantage Montenegro - Ethiopia

Flow
Scale

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

During 2018, Ethiopia had a large net trade with Montenegro in the exports of Vegetable Products ($20.3k) and Textiles ($4.26k).

Economic Complexity

Competitive Landscape

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.

Product Space of Montenegro (Flag) and Ethiopia (Flag) (2023)

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