2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

San Marino-Montenegro Trade: In 2022, San Marino exported $43.5k to Montenegro. The main products that San Marino exported to Montenegro were Leather Footwear ($13.8k), Other Furniture ($12.3k), and Beauty Products ($3.93k). Over the past 5 years the exports of San Marino to Montenegro have increased at an annualized rate of 31.9%, from $10.9k in 2017 to $43.5k in 2022.

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

Comparison In 2022,  San Marino ranked 187 in total exports ($204M). That same year, Montenegro ranked 154 in total exports ($1.32B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, San Marino exported $43.5k to Montenegro. The main products exported from San Marino to Montenegro were Leather Footwear ($13.8k), Other Furniture ($12.3k), and Beauty Products ($3.93k). During the last 5 years the exports of San Marino to Montenegro have increased at an annualized rate of 31.9%, from $10.9k in 2017 to $43.5k in 2022.

Montenegro does not register exports to San Marino. The main products exported from Montenegro to San Marino were Raw Aluminium ($1.97M), Frozen Vegetables ($133k), and Low-voltage Protection Equipment ($53).

Exports from San Marino (Flag) to Montenegro (Flag) (2022)

Exports from Montenegro (Flag) to San Marino (Flag) (2022)

Latest Data

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

Montenegro Exports

Date

Market Competitiveness

Color
San Marino
Top Destination
United States$20M
Montenegro
Top Destination
South Korea$321M

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 2022, countries that imported more from San Marino than Montenegro included Austria ($18M), Brazil ($14.4M), and Romania ($14.8M).

In 2022, countries that imported more from Montenegro than San Marino included South Korea ($321M), Serbia ($159M), and Italy ($125M).

Difference in imports from Montenegro (Flag) and San Marino (Flag) (2022)

Comparative Advantage San Marino - Montenegro

Flow
Scale

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

During 2022, San Marino had a large net trade with Montenegro in the exports of Miscellaneous ($16.4k), Footwear and Headwear ($13.8k), and Chemical Products ($7.72k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential San Marino Montenegro+N/AN/A
Top Product Potential Montenegro San Marino+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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.

Product Space of San Marino (Flag) and Montenegro (Flag) (2022)

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