Montenegro (MNE) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Montenegro-New Zealand Trade: In 2022, Montenegro exported $136k to New Zealand. The main products that Montenegro exported to New Zealand were Prepared Cereals ($101k), Low-voltage Protection Equipment ($14.6k), and Razor Blades ($3.96k). Over the past 5 years the exports of Montenegro to New Zealand have increased at an annualized rate of 32.2%, from $33.7k in 2017 to $136k in 2022.

In 2022, Montenegro did not export any services to New Zealand.

New Zealand-Montenegro Trade: In 2022, New Zealand exported $494k to Montenegro. The main products that New Zealand exported to Montenegro were Frozen Bovine Meat ($167k), Molluscs ($120k), and Sheep and Goat Meat ($119k). Over the past 5 years the exports of New Zealand to Montenegro have increased at an annualized rate of 3.16%, from $423k in 2017 to $494k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Montenegro exported $136k to New Zealand. The main products exported from Montenegro to New Zealand were Prepared Cereals ($101k), Low-voltage Protection Equipment ($14.6k), and Razor Blades ($3.96k). During the last 5 years the exports of Montenegro to New Zealand have increased at an annualized rate of 32.2%, from $33.7k in 2017 to $136k in 2022.

In 2017, New Zealand exported $494k to Montenegro. The main products exported from New Zealand to Montenegro were Frozen Bovine Meat ($167k), Molluscs ($120k), and Sheep and Goat Meat ($119k). During the last 5 years the exports of New Zealand to Montenegro have increased at an annualized rate of 3.16%, from $423k in 2022 to $494k in 2017.

Exports from Montenegro () to New Zealand () (2022)

Exports from New Zealand () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and New Zealand ()

Montenegro Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montenegro
Top DestinationSouth Korea$321M

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Montenegro than New Zealand included Serbia ($159M), Bosnia and Herzegovina ($95.5M), and Slovenia ($55M).

In 2022, countries that imported more from New Zealand than Montenegro included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Montenegro () (2022)

Comparative Advantage Montenegro - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montenegro had a large net trade with New Zealand in the exports of Foodstuffs ($101k), Machines ($19.8k), and Metals ($6.23k).

During 2017, New Zealand had a large net trade with Montenegro in the exports of Animal Products ($412k), Foodstuffs ($24.1k), and Chemical Products ($20.4k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Montenegro () to New Zealand () (2022)

Exports from New Zealand () to Montenegro () (2022)

Latest Data

Trade between Montenegro () and New Zealand ()

Montenegro Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Montenegro () (2022)

Comparative Advantage Montenegro - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Montenegro () and New Zealand () (2022)

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