Belize (BLZ) and Montenegro (MNE) Trade | The Observatory of Economic Complexity

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Belize-Montenegro Trade: In 2019, Belize exported $29 to Montenegro. The main products that Belize exported to Montenegro were N/A. Over the past 6 years the exports of Belize to Montenegro have decreased at an annualized rate of 43.4%, from $885 in 2013 to $29 in 2019.

In 2019, Belize did not export any services to Montenegro.

Montenegro-Belize In N/A, Montenegro did not export any products to Belize.

In 2019, Montenegro did not export any services to Belize.

Comparison In 2022, Belize ranked 175 in total exports ($399M). That same year, Montenegro ranked 154 in total exports ($1.32B). 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 2019, Belize exported $29 to Montenegro. There were not main exports from Belize to Montenegro in 2019. During the last 6 years the exports of Belize to Montenegro have decreased at an annualized rate of 43.4%, from $885 in 2013 to $29 in 2019.

Montenegro does not register exports to Belize.

Exports from Belize () to Montenegro () (2019)

Exports from Montenegro () to Belize () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Montenegro
Top DestinationSouth Korea$321M

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

In 2022, countries that imported more from Belize than Montenegro included United States ($86.5M), United Kingdom ($64.3M), and Guatemala ($39.2M).

In 2022, countries that imported more from Montenegro than Belize included South Korea ($321M), Serbia ($159M), and Italy ($125M).

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

Comparative Advantage Belize - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Belize had a large net trade with Montenegro in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Belize () to Montenegro () (2019)

Exports from Montenegro () to Belize () (2019)

Market Competitiveness

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

Comparative Advantage Belize - Montenegro

Economic Complexity

Competitive Landscape

Product Space of Belize () and Montenegro () (2019)

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