2023
Flag  
GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP
$654MCURRENT US$
Rnk 189 / 195
2013-2023
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 112 / 195
2023
Flag
GDP PC 
$12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC
$9,833CURRENT US$
Rnk 90 / 196
2013-2023
Flag
GDP PC GROWTH
37.6%CURRENT US$
Rnk 64 / 195

About

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

Dominica-Montenegro Trade: In N/A, Dominica exported $372k to Montenegro. The main products that Dominica exported to Montenegro were Rolled Tobacco ($146k), Medical Instruments ($122k), and Hard Liquor ($35.4k). Over the past N/A years the exports of Dominica to Montenegro have increased at an annualized rate of 50.1%,  from $48.8k in N/A to $372k in N/A.

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

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B). That same year, Dominica ranked 205 in total exports ($47.6M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Montenegro does not register exports to Dominica.

In 2018, Dominica exported $372k to Montenegro. The main products exported from Dominica to Montenegro were Rolled Tobacco ($146k), Medical Instruments ($122k), and Hard Liquor ($35.4k). During the last 5 years the exports of Dominica to Montenegro have increased at an annualized rate of 50.1%, from $48.8k in 2023 to $372k in 2018.

Exports from Montenegro (Flag) to Dominica (Flag) (2023)

Exports from Dominica (Flag) to Montenegro (Flag) (2023)

Market Competitiveness

Color
Montenegro
Top Destination
Italy$576M
Dominica
Top Destination
Bahamas$6.11M

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

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

In 2023, countries that imported more from Dominica than Montenegro included Bahamas ($6.11M), Saudi Arabia ($5.35M), and Iceland ($4.72M).

Difference in imports from Dominica (Flag) and Montenegro (Flag) (2023)

Comparative Advantage Montenegro - Dominica

Flow
Scale

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

During 2018, Dominica had a large net trade with Montenegro in the exports of Foodstuffs ($185k), Instruments ($135k), and Chemical Products ($31.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Montenegro (Flag) and Dominica (Flag) (2023)

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