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

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Dominica-Montenegro Trade: In 2023, Dominica exported $372k to Montenegro. The main products that Dominica exported to Montenegro were Rolled Tobacco ($146k), Medical Instruments ($122k), and Hard Liquor ($35.4k). Over the past 5 years the exports of Dominica to Montenegro have increased at an annualized rate of 50.1%, from $48.8k in 2018 to $372k in 2023.

In 2023, Dominica did not export any services to Montenegro.

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

In 2023, Montenegro did not export any services to Dominica.

Comparison In 2023, Dominica ranked 205 in total exports ($47.6M). That same year, Montenegro ranked 151 in total exports ($1.53B). 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 2023, Dominica exported $372k to Montenegro. The main products exported from Dominica to Montenegro were Rolled Tobacco ($146k), Medical Instruments ($122k), and Hard Liquor ($35.4k). During the last 5 years the exports of Dominica to Montenegro have increased at an annualized rate of 50.1%, from $48.8k in 2018 to $372k in 2023.

Montenegro does not register exports to Dominica.

Exports from Dominica () to Montenegro () (2023)

Exports from Montenegro () to Dominica () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Dominica
Top DestinationBahamas$6.11M

Montenegro
Top DestinationItaly$576M

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 2023, countries that imported more from Dominica than Montenegro included Bahamas ($6.11M), Saudi Arabia ($5.35M), and Iceland ($4.72M).

In 2023, countries that imported more from Montenegro than Dominica included Italy ($576M), Serbia ($202M), and Spain ($91.1M).

Difference in imports from Montenegro () and Dominica () (2023)

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 2023, Dominica had a large net trade with Montenegro in the exports of Foodstuffs ($185k), Instruments ($135k), and Chemical Products ($31.9k).

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 () (2023)

Exports from Montenegro () to Dominica () (2023)

Market Competitiveness

Difference in imports from Montenegro () and Dominica () (2023)

Comparative Advantage Dominica - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Dominica () and Montenegro () (2023)

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