Turkmenistan (TKM) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Turkmenistan-Montenegro Trade: In 2022, Turkmenistan exported $5.71k to Montenegro. The main products that Turkmenistan exported to Montenegro were Knit Socks and Hosiery ($4.38k), Non-Knit Men's Suits ($1.02k), and Other Zinc Products ($310). Over the past 5 years the exports of Turkmenistan to Montenegro have decreased at an annualized rate of 4.6%, from $7.23k in 2017 to $5.71k in 2022.

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

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

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

Comparison In 2022, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B). 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, Turkmenistan exported $5.71k to Montenegro. The main products exported from Turkmenistan to Montenegro were Knit Socks and Hosiery ($4.38k), Non-Knit Men's Suits ($1.02k), and Other Zinc Products ($310). During the last 5 years the exports of Turkmenistan to Montenegro have decreased at an annualized rate of 4.6%, from $7.23k in 2017 to $5.71k in 2022.

Montenegro does not register exports to Turkmenistan.

Exports from Turkmenistan () to Montenegro () (2022)

Exports from Montenegro () to Turkmenistan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Turkmenistan than Montenegro included China ($8.88B), Turkey ($884M), and Uzbekistan ($664M).

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

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

Comparative Advantage Turkmenistan - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Montenegro in the exports of Textiles ($5.4k) and Metals ($310).

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Montenegro () (2022)

Exports from Montenegro () to Turkmenistan () (2022)

Market Competitiveness

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

Comparative Advantage Turkmenistan - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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