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

Montenegro-Aruba In 2021, Montenegro exported $166k to Aruba. The main products that Montenegro exported to Aruba are N/A. During the last 0 years the exports of Montenegro to Aruba have remained the same at an annualized rate of N/A%, from $166k in 2021 to $166k in 2021.

In 2021, Montenegro did not export any services to Aruba.

Aruba-Montenegro In 2021, Aruba exported $4k to Montenegro. The main products that Aruba exported to Montenegro were N/A. During the last 0 years the exports of Aruba to Montenegro have increased at an annualized rate of N/A%, from $2.68k in 2021 to $4k in 2021.

In 2021, Aruba did not export any services to Montenegro.

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B). That same year, Aruba ranked 194 in total exports ($123M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Montenegro exported $166k to Aruba. There were not main exports from Montenegro to Aruba in 2021.

In 2021, Aruba exported $4k to Montenegro. There were not main exports from Aruba to Montenegro in 2021. During the last 12 years the exports of Aruba to Montenegro have increased at an annualized rate of N/A%, from $2.68k in 2009 to $4k in 2021.

Exports from Montenegro (Flag) to Aruba (Flag) (2021)

Exports from Aruba (Flag) to Montenegro (Flag) (2021)

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Aruba
Top Destination
Colombia$49M

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

In 2021, countries that imported more from Montenegro than Aruba were South Korea ($321M), Serbia ($159M), and Italy ($125M).

In 2021, countries that imported more from Aruba than Montenegro were Colombia ($49M), Jordan ($13.2M), and Guyana ($10.4M).

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

Comparative Advantage Montenegro - Aruba

Flow
Scale

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

During 2021, Montenegro had a large net trade with Aruba in the exports of .

During 2021, Aruba had a large net trade with Montenegro in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Montenegro has comparative advantage over Aruba. Similarly, the more yellow a dot/product is, the more Aruba has comparative advantage over Montenegro.

Product Space of Montenegro (Flag) and Aruba (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with