Montenegro (MNE) and Iran (IRN) Trade | The Observatory of Economic Complexity

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Montenegro-Iran Trade: In 2021, Montenegro exported $6.67k to Iran. The main products that Montenegro exported to Iran were N/A. Over the past 11 years the exports of Montenegro to Iran have decreased at an annualized rate of 41.4%, from $2.37M in 2010 to $6.67k in 2021.

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

Iran-Montenegro Trade: In 2021, Iran exported $1.7M to Montenegro. The main products that Iran exported to Montenegro were Float Glass ($675k), Safety Glass ($320k), and Tropical Fruits ($285k). Over the past 11 years the exports of Iran to Montenegro have increased at an annualized rate of 32%, from $425k in 2010 to $1.7M in 2021.

In 2021, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Montenegro exported $6.67k to Iran. There were not main exports from Montenegro to Iran in 2021. During the last 11 years the exports of Montenegro to Iran have decreased at an annualized rate of 41.4%, from $2.37M in 2010 to $6.67k in 2021.

In 2017, Iran exported $1.7M to Montenegro. The main products exported from Iran to Montenegro were Float Glass ($675k), Safety Glass ($320k), and Tropical Fruits ($285k). During the last 5 years the exports of Iran to Montenegro have increased at an annualized rate of 32%, from $425k in 2022 to $1.7M in 2017.

Exports from Montenegro () to Iran () (2022)

Exports from Iran () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Iran ()

Montenegro Exports

Date

Jun 2015

Jun 2014

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Montenegro than Iran included South Korea ($321M), Serbia ($159M), and Switzerland ($116M).

In 2022, countries that imported more from Iran than Montenegro included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Montenegro - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Iran had a large net trade with Montenegro in the exports of Stone And Glass ($1.11M), Vegetable Products ($437k), and Foodstuffs ($92.1k).

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

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Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Iran () (2022)

Exports from Iran () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Iran ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Iran

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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