Montenegro (MNE) and Uruguay (URY) Trade | The Observatory of Economic Complexity

About

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

Uruguay-Montenegro Trade: In N/A, Uruguay exported $186k to Montenegro. The main products that Uruguay exported to Montenegro were Bovine Meat ($186k) and Onions ($106). Over the past N/A years the exports of Uruguay to Montenegro have increased at an annualized rate of 121%, from $3.56k in N/A to $186k in N/A.

In N/A, Uruguay 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, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Montenegro does not register exports to Uruguay. The main products exported from Montenegro to Uruguay were Other Measuring Instruments ($2.03k), Transmissions ($1.27k), and Valves ($995).

In 2018, Uruguay exported $186k to Montenegro. The main products exported from Uruguay to Montenegro were Bovine Meat ($186k) and Onions ($106). During the last 5 years the exports of Uruguay to Montenegro have increased at an annualized rate of 121%, from $3.56k in 2023 to $186k in 2018.

Exports from Montenegro () to Uruguay () (2023)

Exports from Uruguay () to Montenegro () (2023)

Latest Data

Trade between Montenegro () and Uruguay ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationItaly$576M

Uruguay
Top DestinationChina$2.34B

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

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

In 2023, countries that imported more from Uruguay than Montenegro included China ($2.34B), Brazil ($1.92B), and United States ($880M).

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

Comparative Advantage Montenegro - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Uruguay had a large net trade with Montenegro in the exports of Animal Products ($186k) and Vegetable Products ($106).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Uruguay () (2023)

Exports from Uruguay () to Montenegro () (2023)

Latest Data

Trade between Montenegro () and Uruguay ()

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Uruguay

Economic Complexity

Competitive Landscape

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

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