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2022
Flag → Flag
Exports $12.3kRnk 94 / 123
2022
Flag → Flag
Top Product $11.4kVacuum Cleaners
2022
Flag → Flag
Exports $139kRnk 75 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Montenegro-Dominican Republic Trade: In 2022, Montenegro exported $12.3k to Dominican Republic. The main products that Montenegro exported to Dominican Republic were Vacuum Cleaners ($11.4k), Harvesting Machinery ($521), and Low-voltage Protection Equipment ($219). Over the past 7 years the exports of Montenegro to Dominican Republic have increased at an annualized rate of 58.2%, from $497 in 2015 to $12.3k in 2022.

In 2022, Montenegro did not export any services to Dominican Republic.

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

In 2022, Dominican Republic did not export any services to Montenegro.

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $12.3k to Dominican Republic. The main products exported from Montenegro to Dominican Republic were Vacuum Cleaners ($11.4k), Harvesting Machinery ($521), and Low-voltage Protection Equipment ($219). During the last 7 years the exports of Montenegro to Dominican Republic have increased at an annualized rate of 58.2%, from $497 in 2015 to $12.3k in 2022.

Dominican Republic does not register exports to Montenegro.

Exports from Montenegro (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Montenegro (Flag) (2022)

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Dominican Republic
Top DestinationUnited States$6.85B

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

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

In 2022, countries that imported more from Dominican Republic than Montenegro included United States ($6.85B), Haiti ($1.02B), and Switzerland ($1.08B).

Difference in imports from Dominican Republic (Flag) and Montenegro (Flag) (2022)

Comparative Advantage Montenegro - Dominican Republic

Flow
Scale

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

During 2022, Montenegro had a large net trade with Dominican Republic in the exports of Machines ($12.2k) and Metals ($127).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Dominican Republic (Flag) (2022)

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