2022
Flag  
GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP
$612MCURRENT US$
Rnk 180 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC 
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC
$8,415CURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 91 / 186

About

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

Dominica-Montenegro In N/A, Dominica exported $180k to Montenegro. The main products that Dominica exported to Montenegro were Rolled Tobacco ($120k), Hard Liquor ($22.3k), and Liquid Dispersing Machines ($12.6k). During the last N/A years the exports of Dominica to Montenegro have increased at an annualized rate of 6.98%, from $69.8k in N/A to $180k in N/A.

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

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B). That same year, Dominica ranked 212 in total exports ($23.6M). 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 Dominica.

In 2022, Dominica exported $180k to Montenegro. The main products exported from Dominica to Montenegro were Rolled Tobacco ($120k), Hard Liquor ($22.3k), and Liquid Dispersing Machines ($12.6k). During the last 16 years the exports of Dominica to Montenegro have increased at an annualized rate of 6.98%, from $69.8k in 2006 to $180k in 2022.

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

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

Market Competitiveness

Color
Montenegro
Top Destination
South Korea$321M
Dominica
Top Destination
Bahamas$2.84M

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

In 2021, countries that imported more from Montenegro than Dominica were South Korea ($321M), Serbia ($159M), and Italy ($125M).

In 2021, countries that imported more from Dominica than Montenegro were Bahamas ($2.84M), Guyana ($1.82M), and Antigua and Barbuda ($1.67M).

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

Comparative Advantage Montenegro - Dominica

Flow
Scale

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

During 2022, Dominica had a large net trade with Montenegro in the exports of Foodstuffs ($144k), Machines ($24.8k), and Chemical Products ($4.81k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Montenegro has comparative advantage over Dominica. Similarly, the more yellow a dot/product is, the more Dominica has comparative advantage over Montenegro.

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

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