Ukraine (UKR) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Ukraine-Montenegro Trade: In 2022, Ukraine exported $9.63M to Montenegro. The main products that Ukraine exported to Montenegro were Poultry Meat ($3.73M), Other Nuts ($798k), and Seed Oils ($582k). Over the past 5 years the exports of Ukraine to Montenegro have decreased at an annualized rate of 1.7%, from $10.5M in 2017 to $9.63M in 2022.

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

Montenegro-Ukraine Trade: In 2022, Montenegro exported $3.32M to Ukraine. The main products that Montenegro exported to Ukraine were Aircraft Parts ($1.54M), Electric Generating Sets ($632k), and Fireworks ($560k). Over the past 5 years the exports of Montenegro to Ukraine have increased at an annualized rate of 16.1%, from $1.58M in 2017 to $3.32M in 2022.

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

Comparison In 2022, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $9.63M to Montenegro. The main products exported from Ukraine to Montenegro were Poultry Meat ($3.73M), Other Nuts ($798k), and Seed Oils ($582k). During the last 5 years the exports of Ukraine to Montenegro have decreased at an annualized rate of 1.7%, from $10.5M in 2017 to $9.63M in 2022.

In 2017, Montenegro exported $3.32M to Ukraine. The main products exported from Montenegro to Ukraine were Aircraft Parts ($1.54M), Electric Generating Sets ($632k), and Fireworks ($560k). During the last 5 years the exports of Montenegro to Ukraine have increased at an annualized rate of 16.1%, from $1.58M in 2022 to $3.32M in 2017.

Exports from Ukraine () to Montenegro () (2022)

Exports from Montenegro () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Montenegro ()

Ukraine Exports

Date

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$6.7B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Ukraine than Montenegro included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2022, countries that imported more from Montenegro than Ukraine included Bosnia and Herzegovina ($95.5M), South Korea ($321M), and Serbia ($159M).

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

Comparative Advantage Ukraine - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ukraine had a large net trade with Montenegro in the exports of Animal Products ($3.73M), Foodstuffs ($1.36M), and Machines ($1.07M).

During 2017, Montenegro had a large net trade with Ukraine in the exports of Transportation ($1.6M), Chemical Products ($679k), and Machines ($653k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Montenegro () (2022)

Exports from Montenegro () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Montenegro ()

Ukraine Exports

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Ukraine - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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