2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC 
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

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

Cuba-Montenegro Trade: In N/A, Cuba exported $443k to Montenegro. The main products that Cuba exported to Montenegro were Rolled Tobacco ($286k), Hard Liquor ($130k), and Crustaceans ($26.4k). Over the past N/A years the exports of Cuba to Montenegro have increased at an annualized rate of 15.4%,  from $216k in N/A to $443k in N/A.

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

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B). That same year, Cuba ranked 161 in total exports ($1.07B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Montenegro does not register exports to Cuba.

In 2017, Cuba exported $443k to Montenegro. The main products exported from Cuba to Montenegro were Rolled Tobacco ($286k), Hard Liquor ($130k), and Crustaceans ($26.4k). During the last 5 years the exports of Cuba to Montenegro have increased at an annualized rate of 15.4%, from $216k in 2022 to $443k in 2017.

Exports from Montenegro (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to Montenegro (Flag) (2022)

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Cuba
Top Destination
China$426M

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

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

In 2022, countries that imported more from Cuba than Montenegro included China ($426M), Spain ($139M), and Portugal ($43.3M).

Difference in imports from Cuba (Flag) and Montenegro (Flag) (2022)

Comparative Advantage Montenegro - Cuba

Flow
Scale

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

During 2017, Cuba had a large net trade with Montenegro in the exports of Foodstuffs ($416k) and Animal Products ($26.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Cuba (Flag) (2022)

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