Overview In January 2023, United Kingdom exported £559k and imported £202k from Montenegro, resulting in a positive trade balance of £357k. Between January 2022 and January 2023 the exports of United Kingdom have increased by £173k (44.8%) from £386k to £559k, while imports increased by £34k (20.3%) from £168k to £202k.
Trade In January 2023, the top exports of United Kingdom to Montenegro were Hard Liquor (£175k), Oscilloscopes (£45.3k), Industrial Printers (£21.6k), Computers (£16k), and Radioactive Chemicals (£13.4k). In January 2023 the top imports of United Kingdom from Montenegro were Transmissions (£165k), Commodities not elsewhere specified (£1.73k), and Other Hand Tools (£1.55k).
Origins In January 2023 the exports of United Kingdom were mainly from Dover Eurotunnel (£158k), East Midlands Airport (£95.8k), London Heathrow Airport (£78.7k), London Gateway (£65.8k), and London Stansted Airport (£9.69k), while imports destinations were mainly Felixstowe (£72.2k), Thamesport (£64.4k), Dagenham (£54.1k), and London Stansted Airport (£11.1k).
Growth In January 2023, the increase in United Kingdom's year-by-year exports to Montenegro was explained primarily by an increase in product exports in Hard Liquor (£106k or 154%), Computers (£9.97k or 165%), and Liquid Pumps (£9.91k or 292%). In January 2023, the increase in United Kingdom's year-by-year imports from Montenegro was explained primarily by an increase in product imports in Transmissions (£107k or 184%).