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Pricing

2021
Flag → Flag
Exports $6.67kRnk 68 / 0
2021
Flag → Flag
Exports $1.7MRnk 70 / 127
2021
Flag → Flag
Top Product $675kFloat Glass
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Montenegro-Iran Trade: In 2021, Montenegro exported $6.67k to Iran. The main products that Montenegro exported to Iran were N/A. Over the past 11 years the exports of Montenegro to Iran have decreased at an annualized rate of 41.4%, from $2.37M in 2010 to $6.67k in 2021.

In 2021, Montenegro did not export any services to Iran.

Iran-Montenegro Trade: In 2021, Iran exported $1.7M to Montenegro. The main products that Iran exported to Montenegro were Float Glass ($675k), Safety Glass ($320k), and Tropical Fruits ($285k). Over the past 11 years the exports of Iran to Montenegro have increased at an annualized rate of 32%,  from $425k in 2010 to $1.7M in 2021.

In 2021, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Montenegro exported $6.67k to Iran. There were not main exports from Montenegro to Iran in 2021. During the last 11 years the exports of Montenegro to Iran have decreased at an annualized rate of 41.4%, from $2.37M in 2010 to $6.67k in 2021.

In 2017, Iran exported $1.7M to Montenegro. The main products exported from Iran to Montenegro were Float Glass ($675k), Safety Glass ($320k), and Tropical Fruits ($285k). During the last 5 years the exports of Iran to Montenegro have increased at an annualized rate of 32%, from $425k in 2022 to $1.7M in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Iran (Flag)

Montenegro Exports

Date

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Montenegro than Iran included South Korea ($321M), Serbia ($159M), and Switzerland ($116M).

In 2022, countries that imported more from Iran than Montenegro included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Montenegro - Iran

Flow
Scale

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

During 2021, Montenegro had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Montenegro in the exports of Stone And Glass ($1.11M), Vegetable Products ($437k), and Foodstuffs ($92.1k).

Economic Complexity

Competitive Landscape

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

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

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