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2022
Flag → Flag
Exports $22.3kRnk 86 / 123
2022
Flag → Flag
Top Product $8.88kCars
2022
Flag → Flag
Exports $359kRnk 140 / 180
2022
Flag → Flag
Top Product $99.5kTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 106 / 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$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Montenegro-Peru Trade: In 2022, Montenegro exported $22.3k to Peru. The main products that Montenegro exported to Peru were Cars ($8.88k), Valves ($6.11k), and Gas and Liquid Flow Measuring Instruments ($6.05k). Over the past 5 years the exports of Montenegro to Peru have decreased at an annualized rate of 19.2%, from $64.8k in 2017 to $22.3k in 2022.

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

Peru-Montenegro Trade: In 2022, Peru exported $359k to Montenegro. The main products that Peru exported to Montenegro were Tropical Fruits ($99.5k), Other Vegetables ($77.3k), and Processed Crustaceans ($20.7k). Over the past 5 years the exports of Peru to Montenegro have increased at an annualized rate of 0.83%,  from $325k in 2017 to $359k in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $22.3k to Peru. The main products exported from Montenegro to Peru were Cars ($8.88k), Valves ($6.11k), and Gas and Liquid Flow Measuring Instruments ($6.05k). During the last 5 years the exports of Montenegro to Peru have decreased at an annualized rate of 19.2%, from $64.8k in 2017 to $22.3k in 2022.

In 2017, Peru exported $359k to Montenegro. The main products exported from Peru to Montenegro were Tropical Fruits ($99.5k), Other Vegetables ($77.3k), and Processed Crustaceans ($20.7k). During the last 5 years the exports of Peru to Montenegro have increased at an annualized rate of 0.83%, from $325k in 2022 to $359k in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Peru (Flag)

Montenegro Exports

Date

Peru Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Montenegro than Peru included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Slovenia ($55M).

In 2022, countries that imported more from Peru than Montenegro included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Montenegro - Peru

Flow
Scale

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

During 2022, Montenegro had a large net trade with Peru in the exports of Transportation ($8.88k), Machines ($7.34k), and Instruments ($6.05k).

During 2017, Peru had a large net trade with Montenegro in the exports of Vegetable Products ($244k), Textiles ($50.1k), and Foodstuffs ($37.5k).

Economic Complexity

Competitive Landscape

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

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

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