2022
Flag  
GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC 
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

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 24.6%,  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
Value

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 24.6%, from $294 in 2022 to $12.3k in 2017.

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

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

Market Competitiveness

Color
Dominican Republic
Top Destination
United States$6.85B
Montenegro
Top Destination
South 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 (Flag) and Dominican Republic (Flag) (2022)

Comparative Advantage Dominican Republic - Montenegro

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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