Trinidad and Tobago (TTO) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Trinidad and Tobago-Montenegro Trade: In 2022, Trinidad and Tobago exported $6.13k to Montenegro. The main products that Trinidad and Tobago exported to Montenegro were Hard Liquor ($5.68k) and Sauces and Seasonings ($446). Over the past 5 years the exports of Trinidad and Tobago to Montenegro have increased at an annualized rate of 32.4%, from $1.5k in 2017 to $6.13k in 2022.

In 2022, Trinidad and Tobago did not export any services to Montenegro.

Montenegro-Trinidad and Tobago In N/A, Montenegro did not export any products to Trinidad and Tobago.

In 2022, Montenegro did not export any services to Trinidad and Tobago.

Comparison In 2022, Trinidad and Tobago ranked 91 in total exports ($13.9B). That same year, Montenegro ranked 154 in total exports ($1.32B). 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

In 2022, Trinidad and Tobago exported $6.13k to Montenegro. The main products exported from Trinidad and Tobago to Montenegro were Hard Liquor ($5.68k) and Sauces and Seasonings ($446). During the last 5 years the exports of Trinidad and Tobago to Montenegro have increased at an annualized rate of 32.4%, from $1.5k in 2017 to $6.13k in 2022.

Montenegro does not register exports to Trinidad and Tobago.

Exports from Trinidad and Tobago () to Montenegro () (2022)

Exports from Montenegro () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Montenegro ()

Montenegro Exports

Date

Apr 2020

Dec 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Trinidad and Tobago
Top DestinationUnited States$4.91B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Trinidad and Tobago than Montenegro included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

In 2022, countries that imported more from Montenegro than Trinidad and Tobago included Serbia ($159M), Switzerland ($116M), and Bosnia and Herzegovina ($95.5M).

Difference in imports from Montenegro () and Trinidad and Tobago () (2022)

Comparative Advantage Trinidad and Tobago - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Trinidad and Tobago had a large net trade with Montenegro in the exports of Foodstuffs ($6.13k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Trinidad and Tobago () to Montenegro () (2022)

Exports from Montenegro () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Montenegro ()

Montenegro Exports

Market Competitiveness

Difference in imports from Montenegro () and Trinidad and Tobago () (2022)

Comparative Advantage Trinidad and Tobago - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Trinidad and Tobago () and Montenegro () (2022)

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