Vanuatu (VUT) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Vanuatu-Montenegro Trade: In 2022, Vanuatu exported $2.61k to Montenegro. The main products that Vanuatu exported to Montenegro were Coconuts, Brazil Nuts, and Cashews ($2.61k). Over the past 5 years the exports of Vanuatu to Montenegro have increased at an annualized rate of 39.1%, from $501 in 2017 to $2.61k in 2022.

In 2022, Vanuatu did not export any services to Montenegro.

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

In 2022, Montenegro did not export any services to Vanuatu.

Comparison In 2022, Vanuatu ranked 186 in total exports ($205M). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vanuatu exported $2.61k to Montenegro. The main products exported from Vanuatu to Montenegro were Coconuts, Brazil Nuts, and Cashews ($2.61k). During the last 5 years the exports of Vanuatu to Montenegro have increased at an annualized rate of 39.1%, from $501 in 2017 to $2.61k in 2022.

Montenegro does not register exports to Vanuatu.

Exports from Vanuatu () to Montenegro () (2022)

Exports from Montenegro () to Vanuatu () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vanuatu
Top DestinationThailand$86.1M

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Vanuatu than Montenegro included Thailand ($86.1M), Japan ($55.5M), and Philippines ($12.9M).

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

Difference in imports from Montenegro () and Vanuatu () (2022)

Comparative Advantage Vanuatu - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vanuatu had a large net trade with Montenegro in the exports of Vegetable Products ($2.61k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Vanuatu () to Montenegro () (2022)

Exports from Montenegro () to Vanuatu () (2022)

Market Competitiveness

Difference in imports from Montenegro () and Vanuatu () (2022)

Comparative Advantage Vanuatu - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Vanuatu () and Montenegro () (2022)

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