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Flag → Flag
Exports $36.9kRnk 107 / 124
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Flag → Flag
Top Product $12.6kRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
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GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
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GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

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

Honduras-Montenegro Trade: In N/A, Honduras exported $36.9k to Montenegro. The main products that Honduras exported to Montenegro were Rolled Tobacco ($12.6k), Melons ($9.27k), and Cassava ($3.42k). Over the past N/A years the exports of Honduras to Montenegro have decreased at an annualized rate of 9.99%,  from $62.4k in N/A to $36.9k in N/A.

In N/A, Honduras 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, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

Montenegro does not register exports to Honduras.

In 2017, Honduras exported $36.9k to Montenegro. The main products exported from Honduras to Montenegro were Rolled Tobacco ($12.6k), Melons ($9.27k), and Cassava ($3.42k). During the last 5 years the exports of Honduras to Montenegro have decreased at an annualized rate of 9.99%, from $62.4k in 2022 to $36.9k in 2017.

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

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

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Honduras
Top DestinationUnited States$6.31B

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

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

In 2022, countries that imported more from Honduras than Montenegro included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

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

Comparative Advantage Montenegro - Honduras

Flow
Scale

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

During 2017, Honduras had a large net trade with Montenegro in the exports of Vegetable Products ($14k), Foodstuffs ($12.6k), and Textiles ($10.3k).

Economic Complexity

Competitive Landscape

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

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

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