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

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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.

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 22.1%, from $33.7k in 2017 to $136k in 2022.

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

Comparison In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $494k in 2022.

In 2017, 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 22.1%, from $33.7k in 2022 to $136k in 2017.

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

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

Latest Data

Trade between New Zealand () and Montenegro ()

New Zealand Exports

Date

Montenegro Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$13.1B

Montenegro
Top DestinationSouth Korea$321M

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

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

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

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

Comparative Advantage New Zealand - Montenegro

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Montenegro in the exports of Animal Products ($412k), Foodstuffs ($24.1k), and Chemical Products ($20.4k).

During 2017, Montenegro had a large net trade with New Zealand in the exports of Foodstuffs ($101k), Machines ($19.8k), and Metals ($6.23k).

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between New Zealand () and Montenegro ()

New Zealand Exports

Montenegro Exports

Market Competitiveness

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

Comparative Advantage New Zealand - Montenegro

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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