Montenegro (MNE) and Nepal (NPL) Trade | The Observatory of Economic Complexity

About

Montenegro-Nepal Trade: In 2022, Montenegro exported $203 to Nepal. The main products that Montenegro exported to Nepal were Non-Knit Active Wear ($126), Valves ($46), and Carded Wool or Animal Hair Fabric ($31). Over the past 6 years the exports of Montenegro to Nepal have decreased at an annualized rate of 82.5%, from $7.13M in 2016 to $203 in 2022.

In 2022, Montenegro did not export any services to Nepal.

Nepal-Montenegro In N/A, Nepal did not export any products to Montenegro.

In 2022, Nepal did not export any services to Montenegro.

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B). That same year, Nepal ranked 153 in total exports ($1.43B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Montenegro exported $203 to Nepal. The main products exported from Montenegro to Nepal were Non-Knit Active Wear ($126), Valves ($46), and Carded Wool or Animal Hair Fabric ($31). During the last 6 years the exports of Montenegro to Nepal have decreased at an annualized rate of 82.5%, from $7.13M in 2016 to $203 in 2022.

Nepal does not register exports to Montenegro. The main products exported from Nepal to Montenegro were Percussion ($3.05k), Trunks and Cases ($1.74k), and Scarves ($1.41k).

Exports from Montenegro () to Nepal () (2022)

Exports from Nepal () to Montenegro () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Montenegro than Nepal included South Korea ($321M), Serbia ($159M), and Italy ($125M).

In 2022, countries that imported more from Nepal than Montenegro included India ($956M), United States ($152M), and Singapore ($25.5M).

Difference in imports from Nepal () and Montenegro () (2022)

Comparative Advantage Montenegro - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Nepal in the exports of Textiles ($157) and Machines ($46).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Nepal () (2022)

Exports from Nepal () to Montenegro () (2022)

Market Competitiveness

Difference in imports from Nepal () and Montenegro () (2022)

Comparative Advantage Montenegro - Nepal

Economic Complexity

Competitive Landscape

Product Space of Montenegro () and Nepal () (2022)

Keep Exploring