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Exports In 2023, Montenegro exported $73.8M in Copper Ore, making it the 39th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 3rd most exported product in Montenegro. The main destination of Copper Ore exports from Montenegro are: Sweden ($47.3M), Malaysia ($26.5M), Netherlands ($926), Turkey ($12), and Estonia ($3).

The fastest growing export markets for Copper Ore of Montenegro between 2022 and 2023 were Sweden ($47.3M), Malaysia ($26.5M), and Turkey ($12).

Imports In 2023, Montenegro imported $5.54M in Copper Ore, becoming the 39th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 168th most imported product in Montenegro. Montenegro imports Copper Ore primarily from: Armenia ($3.71M) and Serbia ($1.83M).

The fastest growing import markets in Copper Ore for Montenegro between 2022 and 2023 were Armenia ($3.71M).

Latest Trends

Dec 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 Copper Ore. 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

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EXPORTS (2023)$73.8M
IMPORTS (2023)$5.54M
NET TRADE (2023)$68.2M

In 2023, Montenegro exported $73.8M in Copper Ore. The main destinations of Montenegro exports on Copper Ore were Sweden ($47.3M), Malaysia ($26.5M), Netherlands ($926), Turkey ($12), and Estonia ($3).

In 2023, Montenegro imported $5.54M in Copper Ore, mainly from Armenia ($3.71M) and Serbia ($1.83M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Sweden$47.3M (1%)
Malaysia$26.5M (1%)
Turkey$12 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Montenegro WERE (2022 - 2023):
South Korea-$307M (-100%)
Georgia-$17.4M (-100%)
Bulgaria-$10.8M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Montenegro's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
In 2023, Montenegro's main importing competitors in Copper Ore were:

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

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

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