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2023
Flag → Flag
Exports $33.2MRnk 9 / 130
2023
Flag → Flag
Top Product $31.6MElectricity
2023
Flag → Flag
Exports $58.5MRnk 83 / 207
2023
Flag → Flag
Top Product $20.9MCars
2023
Flag
Economic Complexity (ECI) ECI 1.6Rnk 7 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
GDP PC $12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC$31,591CURRENT US$
Rnk 45 / 196
2013-2023
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GDP PC GROWTH55.9%CURRENT US$
Rnk 36 / 195

About

Montenegro-Czechia Trade: In 2023, Montenegro exported $33.2M to Czechia. The main products that Montenegro exported to Czechia were Electricity ($31.6M), Iron Housewares ($335k), and Spring, Air, and Gas Guns ($131k). Over the past 5 years the exports of Montenegro to Czechia have increased at an annualized rate of 6.77%, from $23.9M in 2018 to $33.2M in 2023.

In 2023, Montenegro did not export any services to Czechia.

Czechia-Montenegro Trade: In 2023, Czechia exported $58.5M to Montenegro. The main products that Czechia exported to Montenegro were Cars ($20.9M), Planes, Helicopters, and/or Spacecraft ($10.1M), and Cleaning Products ($3.01M). Over the past 5 years the exports of Czechia to Montenegro have decreased at an annualized rate of 2.83%,  from $75.7M in 2018 to $58.5M in 2023.

In 2023, Czechia did not export any services to Montenegro.

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $33.2M to Czechia. The main products exported from Montenegro to Czechia were Electricity ($31.6M), Iron Housewares ($335k), and Spring, Air, and Gas Guns ($131k). During the last 5 years the exports of Montenegro to Czechia have increased at an annualized rate of 6.77%, from $23.9M in 2018 to $33.2M in 2023.

In 2018, Czechia exported $58.5M to Montenegro. The main products exported from Czechia to Montenegro were Cars ($20.9M), Planes, Helicopters, and/or Spacecraft ($10.1M), and Cleaning Products ($3.01M). During the last 5 years the exports of Czechia to Montenegro have decreased at an annualized rate of 2.83%, from $75.7M in 2023 to $58.5M in 2018.

Exports from Montenegro (Flag) to Czechia (Flag) (2023)

Exports from Czechia (Flag) to Montenegro (Flag) (2023)

Latest Data

Trade between Montenegro (Flag) and Czechia (Flag)

Montenegro Exports

Czechia Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Czechia
Top DestinationGermany$64.2B

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 2023, no countries were registered that imported more from Montenegro than from Czechia.

In 2023, countries that imported more from Czechia than Montenegro included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

Difference in imports from Czechia (Flag) and Montenegro (Flag) (2023)

Comparative Advantage Montenegro - Czechia

Flow
Scale

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

During 2023, Montenegro had a large net trade with Czechia in the exports of Mineral Products ($31.6M), Metals ($373k), and Weapons ($252k).

During 2018, Czechia had a large net trade with Montenegro in the exports of Transportation ($31.6M), Machines ($7.85M), and Chemical Products ($5.37M).

Economic Complexity

Competitive Landscape

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.

Product Space of Montenegro (Flag) and Czechia (Flag) (2023)

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