El Salvador (SLV) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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El Salvador-Montenegro Trade: In 2022, El Salvador exported $14.2k to Montenegro. The main products that El Salvador exported to Montenegro were Knit T-shirts ($7.77k), Non-Knit Men's Undergarments ($4.48k), and Coffee ($741). Over the past 5 years the exports of El Salvador to Montenegro have increased at an annualized rate of 10.6%, from $8.55k in 2017 to $14.2k in 2022.

In 2022, El Salvador did not export any services to Montenegro.

Montenegro-El Salvador In N/A, Montenegro did not export any products to El Salvador.

In 2022, Montenegro did not export any services to El Salvador.

Comparison In 2022, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B). 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, El Salvador exported $14.2k to Montenegro. The main products exported from El Salvador to Montenegro were Knit T-shirts ($7.77k), Non-Knit Men's Undergarments ($4.48k), and Coffee ($741). During the last 5 years the exports of El Salvador to Montenegro have increased at an annualized rate of 10.6%, from $8.55k in 2017 to $14.2k in 2022.

Montenegro does not register exports to El Salvador. The main products exported from Montenegro to El Salvador were Cars ($4.36k).

Exports from El Salvador () to Montenegro () (2022)

Exports from Montenegro () to El Salvador () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.87B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from El Salvador than Montenegro included United States ($2.87B), Guatemala ($1.21B), and Honduras ($1.18B).

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

Difference in imports from Montenegro () and El Salvador () (2022)

Comparative Advantage El Salvador - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, El Salvador had a large net trade with Montenegro in the exports of Textiles ($12.7k), Vegetable Products ($1.48k), and Metals ($27).

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

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Historical Data

Bilateral Trade by Products

Exports from El Salvador () to Montenegro () (2022)

Exports from Montenegro () to El Salvador () (2022)

Market Competitiveness

Difference in imports from Montenegro () and El Salvador () (2022)

Comparative Advantage El Salvador - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of El Salvador () and Montenegro () (2022)

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