2022
Flag  
GDP
$60.3MCURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP GROWTH
53.4%CURRENT US$
Rnk 54 / 186
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 
$5,335CURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP PC GROWTH
47.2%CURRENT US$
Rnk 40 / 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

Tuvalu-Montenegro Trade: In 2019, Tuvalu exported $61 to Montenegro. The main products that Tuvalu exported to Montenegro were N/A. Over the past 6 years the exports of Tuvalu to Montenegro have decreased at an annualized rate of 21%, from $251 in 2013 to $61 in 2019.

In 2019, Tuvalu did not export any services to Montenegro.

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

In 2019, Montenegro did not export any services to Tuvalu.

Comparison In 2022,  Tuvalu ranked 198 in total exports ($72.1M). 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 2019, Tuvalu exported $61 to Montenegro. There were not main exports from Tuvalu to Montenegro in 2019. During the last 6 years the exports of Tuvalu to Montenegro have decreased at an annualized rate of 21%, from $251 in 2013 to $61 in 2019.

Montenegro does not register exports to Tuvalu.

Exports from Tuvalu (Flag) to Montenegro (Flag) (2019)

Exports from Montenegro (Flag) to Tuvalu (Flag) (2019)

Market Competitiveness

Color
Tuvalu
Top Destination
Thailand$50M
Montenegro
Top Destination
South Korea$321M

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

In 2022, countries that imported more from Tuvalu than Montenegro included Thailand ($50M), Croatia ($15.1M), and Philippines ($3.2M).

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

Difference in imports from Montenegro (Flag) and Tuvalu (Flag) (2022)

Comparative Advantage Tuvalu - Montenegro

Flow
Scale

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

During 2019, Tuvalu had a large net trade with Montenegro in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Tuvalu (Flag) and Montenegro (Flag) (2019)

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