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 $556k to Dominican Republic. The main products that Montenegro exported to Dominican Republic were Other Furniture ($404k), Wood Carpentry ($47.3k), and Metal Mountings ($42.3k). Over the past N/A years the exports of Montenegro to Dominican Republic have increased at an annualized rate of 251%, from $1.05k in N/A to $556k in N/A.

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

Comparison In 2023, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B). That same year, Montenegro ranked 151 in total exports ($1.53B), 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 2018, Montenegro exported $556k to Dominican Republic. The main products exported from Montenegro to Dominican Republic were Other Furniture ($404k), Wood Carpentry ($47.3k), and Metal Mountings ($42.3k). During the last 5 years the exports of Montenegro to Dominican Republic have increased at an annualized rate of 251%, from $1.05k in 2023 to $556k in 2018.

Exports from Dominican Republic () to Montenegro () (2023)

Exports from Montenegro () to Dominican Republic () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Dominican Republic
Top DestinationUnited States$7.08B

Montenegro
Top DestinationItaly$576M

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 2023, countries that imported more from Dominican Republic than Montenegro included United States ($7.08B), Haiti ($856M), and Switzerland ($885M).

In 2023, countries that imported more from Montenegro than Dominican Republic included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

Difference in imports from Montenegro () and Dominican Republic () (2023)

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 2018, Montenegro had a large net trade with Dominican Republic in the exports of Miscellaneous ($407k), Metals ($55.4k), and Wood Products ($47.7k).

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 () (2023)

Exports from Montenegro () to Dominican Republic () (2023)

Market Competitiveness

Difference in imports from Montenegro () and Dominican Republic () (2023)

Comparative Advantage Dominican Republic - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Dominican Republic () and Montenegro () (2023)

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