Montenegro (MNE) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

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Montenegro-Cape Verde In 2019, Montenegro exported $30k to Cape Verde. The main products that Montenegro exported to Cape Verde are N/A. During the last 0 years the exports of Montenegro to Cape Verde have remained the same at an annualized rate of N/A%, from $30k in 2019 to $30k in 2019.

In 2019, Montenegro did not export any services to Cape Verde.

Cape Verde-Montenegro In 2019, Cape Verde exported $44 to Montenegro. The main products that Cape Verde exported to Montenegro were N/A. During the last 0 years the exports of Cape Verde to Montenegro have decreased at an annualized rate of 100%, from $321 in 2019 to $44 in 2019.

In 2019, Cape Verde did not export any services to Montenegro.

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B). That same year, Cape Verde ranked 196 in total exports ($92.2M). 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 2019, Montenegro exported $30k to Cape Verde. There were not main exports from Montenegro to Cape Verde in 2019.

In 2018, Cape Verde exported $44 to Montenegro. There were not main exports from Cape Verde to Montenegro in 2018. During the last 12 years the exports of Cape Verde to Montenegro have decreased at an annualized rate of 100%, from $321 in 2006 to $44 in 2018.

Exports from Montenegro () to Cape Verde () (2019)

Exports from Cape Verde () to Montenegro () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Cape Verde
Top DestinationSpain$51.3M

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

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

In 2021, countries that imported more from Cape Verde than Montenegro were Spain ($51.3M), Portugal ($10.9M), and India ($4.84M).

Difference in imports from Cape Verde () and Montenegro () (2022)

Comparative Advantage Montenegro - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Montenegro had a large net trade with Cape Verde in the exports of .

During 2018, Cape Verde had a large net trade with Montenegro in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Cape Verde () (2019)

Exports from Cape Verde () to Montenegro () (2019)

Market Competitiveness

Difference in imports from Cape Verde () and Montenegro () (2022)

Comparative Advantage Montenegro - Cape Verde

Economic Complexity

Competitive Landscape

Product Space of Montenegro () and Cape Verde () (2019)

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