Burma (MMR) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Burma-Montenegro Trade: In 2022, Burma exported $1.28M to Montenegro. The main products that Burma exported to Montenegro were Knit Women's Suits ($171k), Trunks and Cases ($168k), and Non-Knit Men's Coats ($119k). Over the past 5 years the exports of Burma to Montenegro have increased at an annualized rate of 22.9%, from $456k in 2017 to $1.28M in 2022.

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

Montenegro-Burma Trade: In 2022, Montenegro exported $536 to Burma. The main products that Montenegro exported to Burma were N/A. Over the past 5 years the exports of Montenegro to Burma have decreased at an annualized rate of 33.8%, from $21.9k in 2017 to $536 in 2022.

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

Comparison In 2022, Burma ranked 102 in the Economic Complexity Index (ECI -0.84), and 72 in total exports ($26.9B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Burma exported $1.28M to Montenegro. The main products exported from Burma to Montenegro were Knit Women's Suits ($171k), Trunks and Cases ($168k), and Non-Knit Men's Coats ($119k). During the last 5 years the exports of Burma to Montenegro have increased at an annualized rate of 22.9%, from $456k in 2017 to $1.28M in 2022.

In 2016, Montenegro exported $536 to Burma. There were not main exports from Montenegro to Burma in 2016. During the last 5 years the exports of Montenegro to Burma have decreased at an annualized rate of 33.8%, from $21.9k in 2021 to $536 in 2016.

Exports from Burma () to Montenegro () (2022)

Exports from Montenegro () to Burma () (2022)

Latest Data

Trade between Burma () and Montenegro ()

Burma Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burma
Top DestinationChina$9.62B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Burma than Montenegro included China ($9.62B), Thailand ($3.48B), and Germany ($1.68B).

In 2022, countries that imported more from Montenegro than Burma included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Luxembourg ($38.7M).

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

Comparative Advantage Burma - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Burma had a large net trade with Montenegro in the exports of Textiles ($852k), Footwear and Headwear ($196k), and Animal Hides ($169k).

During 2016, Montenegro had a large net trade with Burma in the exports of .

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 Burma and Montenegro. This means that a dot/product with the flag of Burma indicates it has a comparative advantage over Montenegro. Similarly, a dot/product with the flag of Montenegro indicates it has a comparative advantage over Burma.

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Historical Data

Bilateral Trade by Products

Exports from Burma () to Montenegro () (2022)

Exports from Montenegro () to Burma () (2022)

Latest Data

Trade between Burma () and Montenegro ()

Burma Exports

Market Competitiveness

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

Comparative Advantage Burma - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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