Bahamas (BHS) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Bahamas-Montenegro Trade: In 2022, Bahamas exported $29.9k to Montenegro. The main products that Bahamas exported to Montenegro were Crustaceans ($29.9k). Over the past 5 years the exports of Bahamas to Montenegro have increased at an annualized rate of 21%, from $11.6k in 2017 to $29.9k in 2022.

In 2022, Bahamas did not export any services to Montenegro.

Montenegro-Bahamas Trade: In 2022, Montenegro exported $6.92k to Bahamas. The main products that Montenegro exported to Bahamas were Cut Flowers ($6.67k), Other live plants, cuttings and slips; mushroom spawn ($224), and Other Plastic Sheetings ($27). Over the past 5 years the exports of Montenegro to Bahamas have increased at an annualized rate of 25.1%, from $2.26k in 2017 to $6.92k in 2022.

In 2022, Montenegro did not export any services to Bahamas.

Comparison In 2022, Bahamas ranked 139 in total exports ($2.83B). 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, Bahamas exported $29.9k to Montenegro. The main products exported from Bahamas to Montenegro were Crustaceans ($29.9k). During the last 5 years the exports of Bahamas to Montenegro have increased at an annualized rate of 21%, from $11.6k in 2017 to $29.9k in 2022.

In 2017, Montenegro exported $6.92k to Bahamas. The main products exported from Montenegro to Bahamas were Cut Flowers ($6.67k), Other live plants, cuttings and slips; mushroom spawn ($224), and Other Plastic Sheetings ($27). During the last 5 years the exports of Montenegro to Bahamas have increased at an annualized rate of 25.1%, from $2.26k in 2022 to $6.92k in 2017.

Exports from Bahamas () to Montenegro () (2022)

Exports from Montenegro () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Montenegro ()

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Bahamas than Montenegro included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

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

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

Comparative Advantage Bahamas - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with Montenegro in the exports of Animal Products ($29.9k).

During 2017, Montenegro had a large net trade with Bahamas in the exports of Vegetable Products ($6.9k) and Plastics and Rubbers ($27).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Montenegro () (2022)

Exports from Montenegro () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Montenegro ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Bahamas - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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