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2021
Flag → Flag
Exports $3.23kRnk 36 / 0
2021
Flag → Flag
Exports $546kRnk 153 / 185
2021
Flag → Flag
Top Product $121kMolluscs
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
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 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Montenegro-Chile In 2021, Montenegro exported $3.23k to Chile. The main products that Montenegro exported to Chile are N/A. During the last 6 years the exports of Montenegro to Chile have decreased at an annualized rate of 33.1%, from $36.1k in 2015 to $3.23k in 2021.

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

Chile-Montenegro In 2021, Chile exported $546k to Montenegro. The main products that Chile exported to Montenegro were Molluscs ($121k), Crustaceans ($77.9k), and Processed Crustaceans ($73.9k). During the last 6 years the exports of Chile to Montenegro have increased at an annualized rate of 42.4%, from $65.4k in 2015 to $546k in 2021.

In 2021, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Montenegro exported $3.23k to Chile. There were not main exports from Montenegro to Chile in 2021. During the last 6 years the exports of Montenegro to Chile have decreased at an annualized rate of 33.1%, from $36.1k in 2015 to $3.23k in 2021.

In 2022, Chile exported $546k to Montenegro. The main products exported from Chile to Montenegro were Molluscs ($121k), Crustaceans ($77.9k), and Processed Crustaceans ($73.9k). During the last 16 years the exports of Chile to Montenegro have increased at an annualized rate of 42.4%, from $65.4k in 2006 to $546k in 2022.

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

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

Latest Data

Trade between Montenegro (Flag) and Chile (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Chile
Top DestinationChina$38.5B

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

In 2021, countries that imported more from Montenegro than Chile were Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

In 2021, countries that imported more from Chile than Montenegro were China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Montenegro - Chile

Flow
Scale

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

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

During 2022, Chile had a large net trade with Montenegro in the exports of Animal Products ($284k), Foodstuffs ($164k), and Vegetable Products ($94.3k).

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

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

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