Montenegro (MNE) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Montenegro-Switzerland Trade: In 2022, Montenegro exported $116M to Switzerland. The main products that Montenegro exported to Switzerland were Raw Aluminium ($86.5M), Electricity ($25.9M), and Cars ($1.05M). Over the past 5 years the exports of Montenegro to Switzerland have increased at an annualized rate of 72%, from $7.71M in 2017 to $116M in 2022.

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

Switzerland-Montenegro Trade: In 2022, Switzerland exported $149M to Montenegro. The main products that Switzerland exported to Montenegro were Electricity ($95.4M), Vaccines, blood, antisera, toxins and cultures ($20.5M), and Base Metal Watches ($5.79M). Over the past 5 years the exports of Switzerland to Montenegro have increased at an annualized rate of 35.1%, from $33.1M in 2017 to $149M in 2022.

In 2022, Switzerland 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Montenegro exported $116M to Switzerland. The main products exported from Montenegro to Switzerland were Raw Aluminium ($86.5M), Electricity ($25.9M), and Cars ($1.05M). During the last 5 years the exports of Montenegro to Switzerland have increased at an annualized rate of 72%, from $7.71M in 2017 to $116M in 2022.

In 2017, Switzerland exported $149M to Montenegro. The main products exported from Switzerland to Montenegro were Electricity ($95.4M), Vaccines, blood, antisera, toxins and cultures ($20.5M), and Base Metal Watches ($5.79M). During the last 5 years the exports of Switzerland to Montenegro have increased at an annualized rate of 35.1%, from $33.1M in 2022 to $149M in 2017.

Exports from Montenegro () to Switzerland () (2022)

Exports from Switzerland () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Switzerland ()

Montenegro Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

Switzerland
Top DestinationUnited States$61.7B

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

In 2022, no countries were registered that imported more from Montenegro than from Switzerland.

In 2022, countries that imported more from Switzerland than Montenegro included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

Comparative Advantage Montenegro - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with Switzerland in the exports of Metals ($86.8M), Mineral Products ($25.9M), and Transportation ($1.05M).

During 2017, Switzerland had a large net trade with Montenegro in the exports of Mineral Products ($95.6M), Chemical Products ($26.7M), and Instruments ($10.1M).

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to Switzerland () (2022)

Exports from Switzerland () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and Switzerland ()

Montenegro Exports

Switzerland Exports

Market Competitiveness

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

Comparative Advantage Montenegro - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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