Dominican Republic (DOM) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

About

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

Montenegro-Dominican Republic Trade: In N/A, 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 N/A years the exports of Montenegro to Dominican Republic have increased at an annualized rate of 111%, from $294 in N/A to $12.3k in N/A.

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

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Dominican Republic does not register exports to Montenegro.

In 2017, 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 5 years the exports of Montenegro to Dominican Republic have increased at an annualized rate of 111%, from $294 in 2022 to $12.3k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Dominican Republic
Top DestinationUnited States$6.85B

Montenegro
Top DestinationSouth Korea$321M

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

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

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

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

Comparative Advantage Dominican Republic - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Montenegro had a large net trade with Dominican Republic in the exports of Machines ($12.2k) and Metals ($127).

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Dominican Republic - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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