Palau (PLW) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Palau-Montenegro Trade: In 2023, Palau exported $378 to Montenegro. The main products that Palau exported to Montenegro were Centrifuges ($378). Over the past 6 years the exports of Palau to Montenegro have increased at an annualized rate of 45.4%, from $40 in 2017 to $378 in 2023.

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

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

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

Comparison In 2023, Palau ranked 221 in total exports ($5.6M). 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, Palau exported $378 to Montenegro. The main products exported from Palau to Montenegro were Centrifuges ($378). During the last 6 years the exports of Palau to Montenegro have increased at an annualized rate of 45.4%, from $40 in 2017 to $378 in 2023.

Montenegro does not register exports to Palau.

Exports from Palau () to Montenegro () (2023)

Exports from Montenegro () to Palau () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palau
Top DestinationIndia$2.28M

Montenegro
Top DestinationItaly$576M

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

In 2023, countries that imported more from Palau than Montenegro included India ($2.28M), Chinese Taipei ($556k), and Japan ($261k).

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

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

Comparative Advantage Palau - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Palau had a large net trade with Montenegro in the exports of Machines ($378).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Palau () to Montenegro () (2023)

Exports from Montenegro () to Palau () (2023)

Market Competitiveness

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

Comparative Advantage Palau - Montenegro

Economic Complexity

Competitive Landscape

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

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