Montenegro (MNE) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Montenegro-Bangladesh Trade: In 2022, Montenegro exported $293k to Bangladesh. The main products that Montenegro exported to Bangladesh were Aircraft Parts ($255k) and Fireworks ($37.9k). Over the past 6 years the exports of Montenegro to Bangladesh have decreased at an annualized rate of 33%, from $3.22M in 2016 to $293k in 2022.

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

Bangladesh-Montenegro Trade: In 2022, Bangladesh exported $9.54M to Montenegro. The main products that Bangladesh exported to Montenegro were Knit T-shirts ($2.42M), Knit Sweaters ($1.37M), and Non-Knit Men's Suits ($1.02M). Over the past 6 years the exports of Bangladesh to Montenegro have increased at an annualized rate of 1.94%, from $8.67M in 2016 to $9.54M in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Montenegro exported $293k to Bangladesh. The main products exported from Montenegro to Bangladesh were Aircraft Parts ($255k) and Fireworks ($37.9k). During the last 6 years the exports of Montenegro to Bangladesh have decreased at an annualized rate of 33%, from $3.22M in 2016 to $293k in 2022.

In 2017, Bangladesh exported $9.54M to Montenegro. The main products exported from Bangladesh to Montenegro were Knit T-shirts ($2.42M), Knit Sweaters ($1.37M), and Non-Knit Men's Suits ($1.02M). During the last 5 years the exports of Bangladesh to Montenegro have increased at an annualized rate of 1.94%, from $8.67M in 2022 to $9.54M in 2017.

Exports from Montenegro () to Bangladesh () (2022)

Exports from Bangladesh () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Bangladesh ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Montenegro than Bangladesh included Bosnia and Herzegovina ($95.5M), Albania ($21.9M), and Serbia ($159M).

In 2022, countries that imported more from Bangladesh than Montenegro included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Montenegro - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Bangladesh in the exports of Transportation ($255k) and Chemical Products ($37.9k).

During 2017, Bangladesh had a large net trade with Montenegro in the exports of Textiles ($9.02M), Footwear and Headwear ($307k), and Animal Products ($156k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Bangladesh () (2022)

Exports from Bangladesh () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Bangladesh ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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