San Marino (SMR) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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San Marino-Montenegro Trade: In 2023, San Marino exported $85.5k to Montenegro. The main products that San Marino exported to Montenegro were N/A. Over the past 5 years the exports of San Marino to Montenegro have increased at an annualized rate of 15.7%, from $41.3k in 2018 to $85.5k in 2023.

In 2023, San Marino did not export any services to Montenegro.

Montenegro-San Marino In N/A, Montenegro did not export any products to San Marino.

In 2023, Montenegro did not export any services to San Marino.

Comparison In 2023, San Marino ranked 182 in total exports ($224M). 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, San Marino exported $85.5k to Montenegro. There were not main exports from San Marino to Montenegro in 2023. 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 2018 to $85.5k in 2023.

Montenegro does not register exports to San Marino.

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

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

Latest Data

Trade between San Marino () and Montenegro ()

Montenegro Exports

Date

Dec 2015

Oct 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

San Marino
Top DestinationGermany$25.9M

Montenegro
Top DestinationItaly$576M

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

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

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

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

Comparative Advantage San Marino - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, 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

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between San Marino () and Montenegro ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage San Marino - Montenegro

Economic Complexity

Competitive Landscape

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

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