Jamaica (JAM) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Jamaica-Montenegro Trade: In 2022, Jamaica exported $13.3k to Montenegro. The main products that Jamaica exported to Montenegro were Hard Liquor ($9.39k), Aluminium Bars ($1.68k), and Paper Notebooks ($931). Over the past 5 years the exports of Jamaica to Montenegro have decreased at an annualized rate of 49.5%, from $404k in 2017 to $13.3k in 2022.

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

Montenegro-Jamaica Trade: In 2022, Montenegro exported $15.8k to Jamaica. The main products that Montenegro exported to Jamaica were N/A. Over the past 5 years the exports of Montenegro to Jamaica have increased at an annualized rate of 12.9%, from $4.17k in 2017 to $15.8k in 2022.

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

Comparison In 2022, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B). 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

In 2022, Jamaica exported $13.3k to Montenegro. The main products exported from Jamaica to Montenegro were Hard Liquor ($9.39k), Aluminium Bars ($1.68k), and Paper Notebooks ($931). During the last 5 years the exports of Jamaica to Montenegro have decreased at an annualized rate of 49.5%, from $404k in 2017 to $13.3k in 2022.

In 2008, Montenegro exported $15.8k to Jamaica. There were not main exports from Montenegro to Jamaica in 2008. During the last 5 years the exports of Montenegro to Jamaica have increased at an annualized rate of 12.9%, from $4.17k in 2013 to $15.8k in 2008.

Exports from Jamaica () to Montenegro () (2022)

Exports from Montenegro () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Montenegro ()

Montenegro Exports

Date

Dec 2019

Jun 2013

Aug 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Jamaica than Montenegro included United States ($1.11B), Russia ($99.7M), and Canada ($81M).

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

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

Comparative Advantage Jamaica - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Montenegro in the exports of Foodstuffs ($9.39k), Metals ($2.42k), and Paper Goods ($1.38k).

During 2008, Montenegro had a large net trade with Jamaica in the exports of .

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

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Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Montenegro () (2022)

Exports from Montenegro () to Jamaica () (2022)

Latest Data

Trade between Jamaica () and Montenegro ()

Montenegro Exports

Market Competitiveness

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

Comparative Advantage Jamaica - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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