Nauru (NRU) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Nauru-Montenegro Trade: In 2023, Nauru exported $95 to Montenegro. The main products that Nauru exported to Montenegro were Compasses ($95). Over the past 16 years the exports of Nauru to Montenegro have decreased at an annualized rate of 16.6%, from $1.74k in 2007 to $95 in 2023.

In 2023, Nauru did not export any services to Montenegro.

Montenegro-Nauru In false, Montenegro did not export any products to Nauru.

In 2023, Montenegro did not export any services to Nauru.

Comparison In 2023, Nauru ranked 185 in total exports ($205M). That same year, Montenegro ranked 151 in total exports ($1.53B). 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 2023, Nauru exported $95 to Montenegro. The main products exported from Nauru to Montenegro were Compasses ($95). During the last 16 years the exports of Nauru to Montenegro have decreased at an annualized rate of 16.6%, from $1.74k in 2007 to $95 in 2023.

Montenegro does not register exports to Nauru.

Exports from Nauru () to Montenegro () (2023)

Exports from Montenegro () to Nauru () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nauru
Top DestinationThailand$160M

Montenegro
Top DestinationItaly$576M

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

In 2023, countries that imported more from Nauru than Montenegro included Thailand ($160M), Philippines ($22.9M), and New Zealand ($10.9M).

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

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

Comparative Advantage Nauru - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nauru had a large net trade with Montenegro in the exports of Instruments ($95).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nauru () to Montenegro () (2023)

Exports from Montenegro () to Nauru () (2023)

Market Competitiveness

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

Comparative Advantage Nauru - Montenegro

Economic Complexity

Competitive Landscape

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

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