2022
Exports
$11.1kWorld Rnk 115 / 147
Flag Rnk 511 / 849
falsefalse Serbia
2022
PRODUCT COMPLEXITY IN Cocoa Powder
-0.69Rnk 755 / 1025
2022
Imports
$351kWorld Rnk 127 / 215
Flag Rnk 555 / 1117

About

Exports In 2022, Montenegro exported $11.1k in Cocoa Powder, making it the 115th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 511th most exported product in Montenegro. The main destination of Cocoa Powder exports from Montenegro are: Serbia ($11.1k).

Imports In 2022, Montenegro imported $351k in Cocoa Powder, becoming the 127th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 555th most imported product in Montenegro. Montenegro imports Cocoa Powder primarily from: Serbia ($237k), Croatia ($38.4k), China ($28.8k), Belgium ($9.4k), and Spain ($7.15k).

The fastest growing import markets in Cocoa Powder for Montenegro between 2021 and 2022 were Belgium ($7.3k), Spain ($4.46k), and Netherlands ($2.68k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Cocoa Powder. 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)$11.1k
IMPORTS (2022)$351k
NET TRADE (2022)-$340k

In 2022, Montenegro exported $11.1k in Cocoa Powder. The main destinations of Montenegro exports on Cocoa Powder were Serbia ($11.1k).

In 2022, Montenegro imported $351k in Cocoa Powder, mainly from Serbia ($237k), Croatia ($38.4k), China ($28.8k), Belgium ($9.4k), and Spain ($7.15k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Montenegro WERE (2021 - 2022):
Serbia-$2.16k (-16.3%)
Bosnia and Herzegovina-$1.04k (-100%)
Netherlands-$21 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

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

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