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Pricing

2022
Flag → Flag
Exports $506Rnk 111 / 123
2022
Flag → Flag
Top Product $506Leather Footwear
2022
Flag → Flag
Exports $39.7kRnk 37 / 89
2022
Flag → Flag
Top Product $39.4kOther Stone Articles
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

About

Montenegro-Bermuda In 2022, Montenegro exported $506 to Bermuda. The main products that Montenegro exported to Bermuda are Leather Footwear ($506). During the last 9 years the exports of Montenegro to Bermuda have increased at an annualized rate of 3.98%, from $356 in 2013 to $506 in 2022.

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

Bermuda-Montenegro In 2022, Bermuda exported $39.7k to Montenegro. The main products that Bermuda exported to Montenegro were Other Stone Articles ($39.4k) and Clays ($253). During the last 9 years the exports of Bermuda to Montenegro have increased at an annualized rate of 43%, from $1.59k in 2013 to $39.7k in 2022.

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

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B). That same year, Bermuda ranked 199 in total exports ($68.1M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montenegro exported $506 to Bermuda. The main products exported from Montenegro to Bermuda were Leather Footwear ($506). During the last 9 years the exports of Montenegro to Bermuda have increased at an annualized rate of 3.98%, from $356 in 2013 to $506 in 2022.

In 2022, Bermuda exported $39.7k to Montenegro. The main products exported from Bermuda to Montenegro were Other Stone Articles ($39.4k) and Clays ($253). During the last 15 years the exports of Bermuda to Montenegro have increased at an annualized rate of 43%, from $1.59k in 2007 to $39.7k in 2022.

Exports from Montenegro (Flag) to Bermuda (Flag) (2022)

Exports from Bermuda (Flag) to Montenegro (Flag) (2022)

Latest Data

Trade between Montenegro (Flag) and Bermuda (Flag)

Montenegro Exports

Date

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Bermuda
Top DestinationZambia$17.5M

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

In 2021, countries that imported more from Montenegro than Bermuda were South Korea ($321M), Serbia ($159M), and Italy ($125M).

In 2021, countries that imported more from Bermuda than Montenegro were Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

Difference in imports from Bermuda (Flag) and Montenegro (Flag) (2022)

Comparative Advantage Montenegro - Bermuda

Flow
Scale

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

During 2022, Montenegro had a large net trade with Bermuda in the exports of Footwear and Headwear ($506).

During 2022, Bermuda had a large net trade with Montenegro in the exports of Stone And Glass ($39.4k) and Mineral Products ($253).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Montenegro has comparative advantage over Bermuda. Similarly, the more yellow a dot/product is, the more Bermuda has comparative advantage over Montenegro.

Product Space of Montenegro (Flag) and Bermuda (Flag) (2022)

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