Dominica (DMA) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

Dominica-Montenegro Trade: In 2022, 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). Over the past 5 years the exports of Dominica to Montenegro have increased at an annualized rate of 5.07%, from $140k in 2017 to $180k in 2022.

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

Montenegro-Dominica In false, Montenegro did not export any products to Dominica.

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

Comparison In 2022, Dominica ranked 212 in total exports ($23.6M). 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, 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 5 years the exports of Dominica to Montenegro have increased at an annualized rate of 5.07%, from $140k in 2017 to $180k in 2022.

Montenegro does not register exports to Dominica.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Dominica
Top DestinationBahamas$2.84M

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Dominica than Montenegro included Bahamas ($2.84M), Guyana ($1.82M), and Antigua and Barbuda ($1.67M).

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

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

Comparative Advantage Dominica - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

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 Dominica and Montenegro. This means that a dot/product with the flag of Dominica indicates it has a comparative advantage over Montenegro. Similarly, a dot/product with the flag of Montenegro indicates it has a comparative advantage over Dominica.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Dominica - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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