2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC 
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186

About

Montenegro-Brazil In 2022, Montenegro exported $38.7k to Brazil. The main products that Montenegro exported to Brazil are Computers ($9.19k), Non-Knit Women's Suits ($5.55k), and Knit Women's Suits ($4.89k). During the last 15 years the exports of Montenegro to Brazil have increased at an annualized rate of 13.9%, from $5.47k in 2007 to $38.7k in 2022.

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

Brazil-Montenegro In 2022, Brazil exported $29M to Montenegro. The main products that Brazil exported to Montenegro were Coffee ($13.2M), Frozen Bovine Meat ($6.73M), and Poultry Meat ($2.7M). During the last 15 years the exports of Brazil to Montenegro have increased at an annualized rate of 3.72%, from $16.8M in 2007 to $29M in 2022.

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

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $38.7k to Brazil. The main products exported from Montenegro to Brazil were Computers ($9.19k), Non-Knit Women's Suits ($5.55k), and Knit Women's Suits ($4.89k). During the last 15 years the exports of Montenegro to Brazil have increased at an annualized rate of 13.9%, from $5.47k in 2007 to $38.7k in 2022.

In 2022, Brazil exported $29M to Montenegro. The main products exported from Brazil to Montenegro were Coffee ($13.2M), Frozen Bovine Meat ($6.73M), and Poultry Meat ($2.7M). During the last 16 years the exports of Brazil to Montenegro have increased at an annualized rate of 3.72%, from $16.8M in 2006 to $29M in 2022.

Exports from Montenegro (Flag) to Brazil (Flag) (2022)

Exports from Brazil (Flag) to Montenegro (Flag) (2022)

Latest Data

Trade between Montenegro (Flag) and Brazil (Flag)

Montenegro Exports

Brazil Exports

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Brazil
Top Destination
China$90.1B

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

In 2021, countries that imported more from Montenegro than Brazil were Serbia ($159M) and San Marino ($2.1M).

In 2021, countries that imported more from Brazil than Montenegro were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Montenegro - Brazil

Flow
Scale

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

During 2022, Montenegro had a large net trade with Brazil in the exports of Textiles ($16.6k), Machines ($15.3k), and Footwear and Headwear ($4.52k).

During 2022, Brazil had a large net trade with Montenegro in the exports of Vegetable Products ($13.4M), Animal Products ($9.54M), and Foodstuffs ($3.4M).

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 Brazil. Similarly, the more yellow a dot/product is, the more Brazil has comparative advantage over Montenegro.

Product Space of Montenegro (Flag) and Brazil (Flag) (2022)

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