Montenegro (MNE) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Montenegro-Cuba In 2018, Montenegro exported $6.61k to Cuba. The main products that Montenegro exported to Cuba are N/A. During the last 2 years the exports of Montenegro to Cuba have decreased at an annualized rate of 65.5%, from $55.6k in 2016 to $6.61k in 2018.

In 2018, Montenegro did not export any services to Cuba.

Cuba-Montenegro In 2018, Cuba exported $443k to Montenegro. The main products that Cuba exported to Montenegro were Rolled Tobacco ($286k), Hard Liquor ($130k), and Crustaceans ($26.4k). During the last 2 years the exports of Cuba to Montenegro have increased at an annualized rate of 542%, from $10.7k in 2016 to $443k in 2018.

In 2018, Cuba did not export any services to Montenegro.

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B). That same year, Cuba ranked 161 in total exports ($1.07B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Montenegro exported $6.61k to Cuba. There were not main exports from Montenegro to Cuba in 2018. During the last 2 years the exports of Montenegro to Cuba have decreased at an annualized rate of 65.5%, from $55.6k in 2016 to $6.61k in 2018.

In 2022, Cuba exported $443k to Montenegro. The main products exported from Cuba to Montenegro were Rolled Tobacco ($286k), Hard Liquor ($130k), and Crustaceans ($26.4k). During the last 16 years the exports of Cuba to Montenegro have increased at an annualized rate of 542%, from $10.7k in 2006 to $443k in 2022.

Exports from Montenegro () to Cuba () (2022)

Exports from Cuba () to Montenegro () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Cuba
Top DestinationChina$426M

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

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

In 2021, countries that imported more from Cuba than Montenegro were China ($426M), Spain ($139M), and Portugal ($43.3M).

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

Comparative Advantage Montenegro - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Montenegro had a large net trade with Cuba in the exports of .

During 2022, Cuba had a large net trade with Montenegro in the exports of Foodstuffs ($416k) and Animal Products ($26.4k).

Economic Complexity

Competitive Landscape

Year

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 Cuba. Similarly, the more yellow a dot/product is, the more Cuba has comparative advantage over Montenegro.

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Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Cuba () (2022)

Exports from Cuba () to Montenegro () (2022)

Market Competitiveness

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

Comparative Advantage Montenegro - Cuba

Economic Complexity

Competitive Landscape

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

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