Montenegro (MNE) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

About

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

Bermuda-Montenegro Trade: In N/A, Bermuda exported $39.7k to Montenegro. The main products that Bermuda exported to Montenegro were Other Stone Articles ($39.4k) and Clays ($253). Over the past N/A years the exports of Bermuda to Montenegro have increased at an annualized rate of 58.3%, from $635 in N/A to $39.7k in N/A.

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

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B). That same year, Bermuda ranked 199 in total exports ($68.1M). 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 Bermuda. The main products exported from Montenegro to Bermuda were Leather Footwear ($506).

In 2017, Bermuda exported $39.7k to Montenegro. The main products exported from Bermuda to Montenegro were Other Stone Articles ($39.4k) and Clays ($253). During the last 5 years the exports of Bermuda to Montenegro have increased at an annualized rate of 58.3%, from $635 in 2022 to $39.7k in 2017.

Exports from Montenegro () to Bermuda () (2022)

Exports from Bermuda () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Bermuda ()

Montenegro Exports

Date

Apr 2016

Aug 2014

Sep 2013

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Bermuda
Top DestinationZambia$17.5M

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

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

In 2022, countries that imported more from Bermuda than Montenegro included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

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

Comparative Advantage Montenegro - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Bermuda had a large net trade with Montenegro in the exports of Stone And Glass ($39.4k) and Mineral Products ($253).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Bermuda () (2022)

Exports from Bermuda () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Bermuda ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Bermuda

Economic Complexity

Competitive Landscape

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

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