2023
Exports
$4.23MWorld Rnk 67 / 215
Flag Rnk 26 / 799
2023
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.72Rnk 22 / 1025
2023
Imports
$6.86MWorld Rnk 131 / 225
Flag Rnk 145 / 1123

About

Exports In 2023, Montenegro exported $4.23M in Chemical Analysis Instruments, making it the 67th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 26th most exported product in Montenegro. The main destination of Chemical Analysis Instruments exports from Montenegro are: China ($3.43M), Germany ($333k), Croatia ($273k), Serbia ($80.7k), and Bosnia and Herzegovina ($41.9k).

The fastest growing export markets for Chemical Analysis Instruments of Montenegro between 2022 and 2023 were Croatia ($267k), Germany ($127k), and Chinese Taipei ($35.7k).

Imports In 2023, Montenegro imported $6.86M in Chemical Analysis Instruments, becoming the 131st largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 145th most imported product in Montenegro. Montenegro imports Chemical Analysis Instruments primarily from: United States ($1.35M), Germany ($1.03M), Serbia ($1.01M), China ($964k), and Japan ($587k).

The fastest growing import markets in Chemical Analysis Instruments for Montenegro between 2022 and 2023 were China ($541k), United States ($494k), and Germany ($397k).

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 Chemical Analysis Instruments. 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)$4.23M
IMPORTS (2023)$6.86M
NET TRADE (2023)-$2.62M

In 2023, Montenegro exported $4.23M in Chemical Analysis Instruments. The main destinations of Montenegro exports on Chemical Analysis Instruments were China ($3.43M), Germany ($333k), Croatia ($273k), Serbia ($80.7k), and Bosnia and Herzegovina ($41.9k).

In 2023, Montenegro imported $6.86M in Chemical Analysis Instruments, mainly from United States ($1.35M), Germany ($1.03M), Serbia ($1.01M), China ($964k), and Japan ($587k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Croatia$267k (4.48k%)
Germany$127k (61.8%)
Chinese Taipei$35.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Montenegro WERE (2022 - 2023):
China-$324k (-8.63%)
Serbia-$46.5k (-36.5%)
Hong Kong-$24.2k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Chemical Analysis Instruments were:
In 2023, Montenegro's main importing competitors in Chemical Analysis Instruments were:

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Chemical Analysis Instruments’s highest export potential is N/A. With an export gap of N/A.   Chemical Analysis Instruments’s highest import potential is N/A with an import gap of N/A.

See methodology.

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