Overview In June 2023, China exported $19M and imported $1.01M from Montenegro, resulting in a positive trade balance of $17.9M. Between June 2022 and June 2023 the exports of China have increased by $9.89M (109%) from $9.06M to $19M, while imports decreased by $-9.16M (-90.1%) from $10.2M to $1.01M.
Trade In June 2023, the top exports of China to Montenegro were Polyacetals ($18.1M), Stranded Iron Wire ($1.04M), Coated Flat-Rolled Iron ($683k), Other toys ($666k), and Cars ($409k). In June 2023 the top imports of China from Montenegro were Wine ($499k), Sawn Wood ($166k), Transmissions ($14.3k), Computers ($13.3k), and Liquid Pumps ($3.44k).
Origins In June 2023 the exports of China were mainly from Jiangsu Province ($7.03M), Zhejiang Province ($3.07M), Guangdong Province ($2.2M), Sichuan Province ($1.8M), and Guizhou Province ($1.79M), while imports destinations were mainly Yunnan Province ($491k), Beijing ($378k), Jiangsu Province ($63k), Zhejiang Province ($47.1k), and Shandong Province ($18.2k).
Growth In June 2023, the increase in China's year-by-year exports to Montenegro was explained primarily by an increase in product exports in Polyacetals ($17.7M or 4.7k%), Stranded Iron Wire ($836k or 421%), and Other toys ($656k or 6.29k%). In June 2023, the decrease in China's year-by-year imports from Montenegro was explained primarily by an decrease in product imports in Transmissions ($-28.2k or -66.3%), Integrated Circuits ($-2.43k or -57.4%), and Commodities not elsewhere specified ($-1.41k or -89.8%).