Montenegro (MNE) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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

Guatemala-Montenegro Trade: In N/A, Guatemala exported $110k to Montenegro. The main products that Guatemala exported to Montenegro were Plant foliage ($43.8k), Bananas ($33.4k), and Hard Liquor ($19.6k). Over the past N/A years the exports of Guatemala to Montenegro have increased at an annualized rate of 11.3%, from $64.7k in N/A to $110k in N/A.

In N/A, Guatemala 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, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Montenegro does not register exports to Guatemala. The main products exported from Montenegro to Guatemala were Knit Socks and Hosiery ($570), Eyewear ($421), and Shaving Products ($396).

In 2018, Guatemala exported $110k to Montenegro. The main products exported from Guatemala to Montenegro were Plant foliage ($43.8k), Bananas ($33.4k), and Hard Liquor ($19.6k). During the last 5 years the exports of Guatemala to Montenegro have increased at an annualized rate of 11.3%, from $64.7k in 2023 to $110k in 2018.

Exports from Montenegro () to Guatemala () (2023)

Exports from Guatemala () to Montenegro () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationItaly$576M

Guatemala
Top DestinationUnited States$5.16B

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

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

In 2023, countries that imported more from Guatemala than Montenegro included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

Difference in imports from Guatemala () and Montenegro () (2023)

Comparative Advantage Montenegro - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Guatemala had a large net trade with Montenegro in the exports of Vegetable Products ($79.5k), Foodstuffs ($20.5k), and Textiles ($10.3k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Guatemala () (2023)

Exports from Guatemala () to Montenegro () (2023)

Market Competitiveness

Difference in imports from Guatemala () and Montenegro () (2023)

Comparative Advantage Montenegro - Guatemala

Economic Complexity

Competitive Landscape

Product Space of Montenegro () and Guatemala () (2023)

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