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2022
Flag → Flag
Exports $2.1MRnk 10 / 0
2022
Flag → Flag
Exports $85.5kRnk 72 / 101
2022
Flag → Flag
Top Product $45.2kLeather Footwear
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC $12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195

About

Montenegro-San Marino Trade: In 2022, Montenegro exported $2.1M to San Marino. The main products that Montenegro exported to San Marino were N/A. Over the past 16 years the exports of Montenegro to San Marino have increased at an annualized rate of 42.6%, from $7.21k in 2006 to $2.1M in 2022.

In 2022, Montenegro did not export any services to San Marino.

San Marino-Montenegro Trade: In 2022, San Marino exported $85.5k to Montenegro. The main products that San Marino exported to Montenegro were Leather Footwear ($45.2k), Washing and Bottling Machines ($22.7k), and Other Edible Preparations ($5.71k). Over the past 16 years the exports of San Marino to Montenegro have increased at an annualized rate of 15.7%,  from $41.3k in 2006 to $85.5k in 2022.

In 2022, San Marino did not export any services to Montenegro.

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B). That same year, San Marino ranked 182 in total exports ($224M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $2.1M to San Marino. There were not main exports from Montenegro to San Marino in 2022. During the last 16 years the exports of Montenegro to San Marino have increased at an annualized rate of 42.6%, from $7.21k in 2006 to $2.1M in 2022.

In 2018, San Marino exported $85.5k to Montenegro. The main products exported from San Marino to Montenegro were Leather Footwear ($45.2k), Washing and Bottling Machines ($22.7k), and Other Edible Preparations ($5.71k). During the last 5 years the exports of San Marino to Montenegro have increased at an annualized rate of 15.7%, from $41.3k in 2023 to $85.5k in 2018.

Exports from Montenegro (Flag) to San Marino (Flag) (2023)

Exports from San Marino (Flag) to Montenegro (Flag) (2023)

Latest Data

Trade between Montenegro (Flag) and San Marino (Flag)

Montenegro Exports

Date

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
San Marino
Top DestinationGermany$25.9M

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

In 2023, countries that imported more from Montenegro than San Marino included Italy ($576M), Serbia ($202M), and Spain ($91.1M).

In 2023, countries that imported more from San Marino than Montenegro included Austria ($22M), Romania ($18.4M), and Brazil ($15.5M).

Difference in imports from San Marino (Flag) and Montenegro (Flag) (2023)

Comparative Advantage Montenegro - San Marino

Flow
Scale

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

During 2022, Montenegro had a large net trade with San Marino in the exports of .

During 2018, San Marino had a large net trade with Montenegro in the exports of Footwear and Headwear ($45.2k), Machines ($22.7k), and Chemical Products ($10.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and San Marino (Flag) (2023)

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