Montenegro (MNE) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Montenegro-Czechia Trade: In 2022, Montenegro exported $18.3M to Czechia. The main products that Montenegro exported to Czechia were Electricity ($14.3M), Spring, Air, and Gas Guns ($671k), and Military Weapons ($649k). Over the past 5 years the exports of Montenegro to Czechia have increased at an annualized rate of 24.6%, from $6.08M in 2017 to $18.3M in 2022.

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

Czechia-Montenegro Trade: In 2022, Czechia exported $31.6M to Montenegro. The main products that Czechia exported to Montenegro were Cars ($7.34M), Electricity ($4.88M), and Cleaning Products ($2.03M). Over the past 5 years the exports of Czechia to Montenegro have decreased at an annualized rate of 11.7%, from $59M in 2017 to $31.6M in 2022.

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

Comparison In 2022, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Montenegro exported $18.3M to Czechia. The main products exported from Montenegro to Czechia were Electricity ($14.3M), Spring, Air, and Gas Guns ($671k), and Military Weapons ($649k). During the last 5 years the exports of Montenegro to Czechia have increased at an annualized rate of 24.6%, from $6.08M in 2017 to $18.3M in 2022.

In 2017, Czechia exported $31.6M to Montenegro. The main products exported from Czechia to Montenegro were Cars ($7.34M), Electricity ($4.88M), and Cleaning Products ($2.03M). During the last 5 years the exports of Czechia to Montenegro have decreased at an annualized rate of 11.7%, from $59M in 2022 to $31.6M in 2017.

Exports from Montenegro () to Czechia () (2022)

Exports from Czechia () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Czechia ()

Montenegro Exports

Date

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Montenegro than Czechia included Cayman Islands ($1.66M).

In 2022, countries that imported more from Czechia than Montenegro included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Montenegro - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Czechia in the exports of N/A.

During 2017, Czechia had a large net trade with Montenegro in the exports of Transportation ($7.87M), Machines ($6.32M), and Mineral Products ($5.32M).

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Czechia () (2022)

Exports from Czechia () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Czechia ()

Montenegro Exports

Czechia Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Czechia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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