2022
Exports | Imports
$8.7M | $148MWorld Rnk 81 / 210
Flag Rnk 16 / 849
World Rnk 126 / 224
Flag Rnk 4 / 1117
2022
PRODUCT COMPLEXITY IN Cars
0.97Rnk 182 / 1025

About

Exports In 2022, Montenegro exported $8.7M in Cars, making it the 81st largest exporter of Cars in the world. At the same year, Cars was the 16th most exported product in Montenegro. The main destination of Cars exports from Montenegro are: Serbia ($2.92M), Slovenia ($1.7M), Switzerland ($1.05M), Netherlands ($601k), and Germany ($579k).

The fastest growing export markets for Cars of Montenegro between 2021 and 2022 were Serbia ($2.27M), Netherlands ($589k), and Slovenia ($370k).

Imports In 2022, Montenegro imported $148M in Cars, becoming the 126th largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in Montenegro. Montenegro imports Cars primarily from: Serbia ($32.2M), Germany ($24.3M), France ($21M), Slovenia ($13M), and Czechia ($7.34M).

The fastest growing import markets in Cars for Montenegro between 2021 and 2022 were Slovenia ($6.15M), Serbia ($6.05M), and Germany ($4.69M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Cars from Montenegro to the United States.

Latest Trends

Feb 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 Cars. 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 (2022)$8.7M
IMPORTS (2022)$148M
NET TRADE (2022)-$140M

In 2022, Montenegro exported $8.7M in Cars. The main destinations of Montenegro exports on Cars were Serbia ($2.92M), Slovenia ($1.7M), Switzerland ($1.05M), Netherlands ($601k), and Germany ($579k).

In 2022, Montenegro imported $148M in Cars, mainly from Serbia ($32.2M), Germany ($24.3M), France ($21M), Slovenia ($13M), and Czechia ($7.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$2.27M (346%)
Netherlands$589k (4.56k%)
Slovenia$370k (27.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Montenegro WERE (2021 - 2022):
Italy-$957k (-78.2%)
Switzerland-$622k (-37.3%)
Romania-$82.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Cars were:
In 2022, Montenegro's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

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