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Exports In 2023, Montenegro exported $27.1M in Animal Products, making it the 143rd largest exporter of Animal Products in the world. At the same year, Animal Products was the 8th most exported product in Montenegro. The main destination of Animal Products exports from Montenegro are: Serbia ($22.6M), Bosnia and Herzegovina ($2.08M), North Macedonia ($896k), Germany ($716k), and Sweden ($426k).

The fastest growing export markets for Animal Products of Montenegro between 2022 and 2023 were Serbia ($1.63M), Bosnia and Herzegovina ($825k), and Sweden ($209k).

Imports In 2023, Montenegro imported $312M in Animal Products, becoming the 98th largest importer of Animal Products in the world. At the same year, Animal Products was the 7th most imported product in Montenegro. Montenegro imports Animal Products primarily from: Serbia ($66.8M), Bosnia and Herzegovina ($42.1M), Germany ($39M), Spain ($36.7M), and Croatia ($32.5M).

The fastest growing import markets in Animal Products for Montenegro between 2022 and 2023 were Spain ($12.6M), Bosnia and Herzegovina ($12.5M), and Croatia ($11.1M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$27.1M
IMPORTS (2023)$312M
NET TRADE (2023)-$285M

In 2023, Montenegro exported $27.1M in Animal Products. The main destinations of Montenegro exports on Animal Products were Serbia ($22.6M), Bosnia and Herzegovina ($2.08M), North Macedonia ($896k), Germany ($716k), and Sweden ($426k).

In 2023, Montenegro imported $312M in Animal Products, mainly from Serbia ($66.8M), Bosnia and Herzegovina ($42.1M), Germany ($39M), Spain ($36.7M), and Croatia ($32.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Products EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Serbia$1.63M (7.8%)
Sweden$209k (96.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Products BY Montenegro WERE (2022 - 2023):
Ukraine-$89k (-100%)
Germany-$67.1k (-8.56%)
Cote d'Ivoire-$39.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Animal Products were:
In 2023, Montenegro's main importing competitors in Animal Products were:

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Trade Value of Animal Products by Exporters

Potential Exports

Potential Exports

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Animal Products’s highest export potential is N/A. With an export gap of N/A.   Animal Products’s highest import potential is N/A with an import gap of N/A.

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