Tuvalu (TUV) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Tuvalu-Montenegro Trade: In 2023, Tuvalu exported $426 to Montenegro. The main products that Tuvalu exported to Montenegro were Iron Fasteners ($275) and Blank Audio Media ($151). Over the past 8 years the exports of Tuvalu to Montenegro have increased at an annualized rate of 25.8%, from $68 in 2015 to $426 in 2023.

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

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

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

Comparison In 2023, Tuvalu ranked 204 in total exports ($52.3M). 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, Tuvalu exported $426 to Montenegro. The main products exported from Tuvalu to Montenegro were Iron Fasteners ($275) and Blank Audio Media ($151). During the last 8 years the exports of Tuvalu to Montenegro have increased at an annualized rate of 25.8%, from $68 in 2015 to $426 in 2023.

Montenegro does not register exports to Tuvalu.

Exports from Tuvalu () to Montenegro () (2023)

Exports from Montenegro () to Tuvalu () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tuvalu
Top DestinationThailand$45.9M

Montenegro
Top DestinationItaly$576M

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 2023, countries that imported more from Tuvalu than Montenegro included Thailand ($45.9M), Japan ($2.95M), and Philippines ($1.37M).

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

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

Comparative Advantage Tuvalu - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Tuvalu had a large net trade with Montenegro in the exports of Metals ($275) and Machines ($151).

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Tuvalu () to Montenegro () (2023)

Exports from Montenegro () to Tuvalu () (2023)

Market Competitiveness

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

Comparative Advantage Tuvalu - Montenegro

Economic Complexity

Competitive Landscape

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

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