Montenegro (MNE) and Honduras (HND) Trade | The Observatory of Economic Complexity

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

Honduras-Montenegro Trade: In N/A, Honduras exported $71.5k to Montenegro. The main products that Honduras exported to Montenegro were Rolled Tobacco ($42.9k), Knit T-shirts ($12.9k), and Melons ($11.8k). Over the past N/A years the exports of Honduras to Montenegro have increased at an annualized rate of 24.9%, from $23.5k in N/A to $71.5k in N/A.

In N/A, Honduras 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, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Montenegro does not register exports to Honduras. The main products exported from Montenegro to Honduras were Knit Women's Suits ($249), Motor vehicles; parts and accessories (8701 to 8705) ($235), and Insulated Wire ($150).

In 2018, Honduras exported $71.5k to Montenegro. The main products exported from Honduras to Montenegro were Rolled Tobacco ($42.9k), Knit T-shirts ($12.9k), and Melons ($11.8k). During the last 5 years the exports of Honduras to Montenegro have increased at an annualized rate of 24.9%, from $23.5k in 2023 to $71.5k in 2018.

Exports from Montenegro () to Honduras () (2023)

Exports from Honduras () to Montenegro () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationItaly$576M

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Honduras than Montenegro included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

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

Comparative Advantage Montenegro - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Honduras had a large net trade with Montenegro in the exports of Foodstuffs ($42.9k), Textiles ($16.2k), and Vegetable Products ($11.8k).

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Honduras () (2023)

Exports from Honduras () to Montenegro () (2023)

Market Competitiveness

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

Comparative Advantage Montenegro - Honduras

Economic Complexity

Competitive Landscape

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

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