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

2023

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Exports $58.5MRnk 83 / 207

2023

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About

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 5.03%, from $75.7M in 2018 to $58.5M in 2023.

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

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.

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

Historical Data

Latest Data

Trade between Czechia () and Montenegro ()

Czechia Exports

Date

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Montenegro
Top DestinationItaly$576M

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

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

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

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

Economic Complexity

Competitive Landscape

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