NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2022
Flag → Flag
Exports $1.66MRnk 128 / 0
2022
Flag → Flag
Exports $215kRnk 25 / 78
2022
Flag → Flag
Top Product $49.1kNon-Knit Men's Suits
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
Flag
GDP GROWTH62%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC $12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC$97,750CURRENT US$
Rnk 6 / 196
2013-2023
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 78 / 195

About

Montenegro-Cayman Islands Trade: In 2022, Montenegro exported $1.66M to Cayman Islands. The main products that Montenegro exported to Cayman Islands were N/A. Over the past 6 years the exports of Montenegro to Cayman Islands have increased at an annualized rate of 119%, from $14.9k in 2016 to $1.66M in 2022.

In 2022, Montenegro did not export any services to Cayman Islands.

Cayman Islands-Montenegro Trade: In 2022, Cayman Islands exported $215k to Montenegro. The main products that Cayman Islands exported to Montenegro were Non-Knit Men's Suits ($49.1k), Knit T-shirts ($29.9k), and Knit Women's Suits ($24.9k). Over the past 6 years the exports of Cayman Islands to Montenegro have increased at an annualized rate of 81.8%,  from $3.28k in 2016 to $215k in 2022.

In 2022, Cayman Islands did not export any services to Montenegro.

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B). That same year, Cayman Islands ranked 165 in total exports ($818M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $1.66M to Cayman Islands. There were not main exports from Montenegro to Cayman Islands in 2022. During the last 6 years the exports of Montenegro to Cayman Islands have increased at an annualized rate of 119%, from $14.9k in 2016 to $1.66M in 2022.

In 2018, Cayman Islands exported $215k to Montenegro. The main products exported from Cayman Islands to Montenegro were Non-Knit Men's Suits ($49.1k), Knit T-shirts ($29.9k), and Knit Women's Suits ($24.9k). During the last 5 years the exports of Cayman Islands to Montenegro have increased at an annualized rate of 81.8%, from $3.28k in 2023 to $215k in 2018.

Exports from Montenegro (Flag) to Cayman Islands (Flag) (2023)

Exports from Cayman Islands (Flag) to Montenegro (Flag) (2023)

Latest Data

Trade between Montenegro (Flag) and Cayman Islands (Flag)

Montenegro Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Cayman Islands
Top DestinationUnited Kingdom$326M

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

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

In 2023, countries that imported more from Cayman Islands than Montenegro included United Kingdom ($326M), Cyprus ($172M), and Grenada ($67.2M).

Difference in imports from Cayman Islands (Flag) and Montenegro (Flag) (2023)

Comparative Advantage Montenegro - Cayman Islands

Flow
Scale

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

During 2022, Montenegro had a large net trade with Cayman Islands in the exports of .

During 2018, Cayman Islands had a large net trade with Montenegro in the exports of Textiles ($181k), Footwear and Headwear ($26.8k), and Animal Hides ($4.96k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Montenegro and Cayman Islands. This means that a dot/product with the flag of Montenegro indicates it has a comparative advantage over Cayman Islands. Similarly, a dot/product with the flag of Cayman Islands indicates it has a comparative advantage over Montenegro.

Product Space of Montenegro (Flag) and Cayman Islands (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms