Montenegro (MNE) and Aruba (ABW) Trade | The Observatory of Economic Complexity

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Montenegro (MNE) and Aruba (ABW) Trade

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Exports $4kRnk 105 / 0

2022

GDP$6.1BCURRENT US$
Rnk 151 / 186

2012-2022

GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186

2022

GDP PC $9,894CURRENT US$
Rnk 79 / 186

2012-2022

GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

Image 1

Image by Hotice Hsu
Link: https://flic.kr/p/Utsa6E

Image 2

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Link: https://flic.kr/p/aMvaMV

Historical Data
Economic Complexity

About

In N/A, Montenegro did not export any services to Aruba.

Aruba-Montenegro Trade: In N/A, Aruba exported $4k to Montenegro. The main products that Aruba exported to Montenegro were N/A. Over the past N/A years the exports of Aruba to Montenegro have increased at an annualized rate of 80.5%, from $209 in N/A to $4k in N/A.

In N/A, Aruba did not export any services to Montenegro.

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B). That same year, Aruba ranked 194 in total exports ($123M). 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

Montenegro does not register exports to Aruba.

In 2016, Aruba exported $4k to Montenegro. There were not main exports from Aruba to Montenegro in 2016. During the last 5 years the exports of Aruba to Montenegro have increased at an annualized rate of 80.5%, from $209 in 2021 to $4k in 2016.

Exports from Montenegro () to Aruba () (2021)

Exports from Aruba () to Montenegro () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Aruba
Top DestinationColombia$49M

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

In 2022, countries that imported more from Montenegro than Aruba included South Korea ($321M), Serbia ($159M), and Italy ($125M).

In 2022, countries that imported more from Aruba than Montenegro included Colombia ($49M), Jordan ($13.2M), and Guyana ($10.4M).

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

Comparative Advantage Montenegro - Aruba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Economic Complexity

Competitive Landscape

Year

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

Product Space of Montenegro () and Aruba () (2021)

Keep Exploring

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Aruba
Netherlands
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