South Korea / Montenegro

Overview In October 2024, South Korea exported $279k and imported $3.88M from Montenegro, resulting in a negative trade balance of $3.6M. Between October 2023 and October 2024 the exports of South Korea have decreased by $-1.36M (-82.9%) from $1.64M to $279k, while imports decreased by $-6.44M (-62.4%) from $10.3M to $3.88M.

Trade In October 2024, the top exports of South Korea to Montenegro were Plastics & articles thereof ($96k), Chemical products n.e.s. ($9k), Electrical machinery and electronics ($6k), Perfumery & cosmetics ($3k), and Furniture, bedding, lamps, & prefab buildings ($1k). In October 2024 the top imports of South Korea from Montenegro were Ores, slag and ash ($18.6M), Machinery, mechanical appliances, & parts ($1k), Perfumery & cosmetics ($0), Chemical products n.e.s. ($0), and Plastics & articles thereof ($0).

Growth In October 2024, the decrease in South Korea's year-by-year exports to Montenegro was explained primarily by an decrease in product exports in Optical, photo, & film equipment; medical... ($-191k or -100%), Perfumery & cosmetics ($-3k or -50%), and Electrical machinery and electronics ($-3k or -33.3%). In October 2024, the decrease in South Korea's year-by-year imports  from Montenegro was explained primarily by an decrease in product imports  in Ores, slag and ash ($-42.4M or -69.5%) and Electrical machinery and electronics ($-50k or -100%).