2022
Exports
$335MWorld Rnk 28 / 110
Flag Rnk 1 / 849
falsefalse South Korea
2022
PRODUCT COMPLEXITY IN Copper Ore
-1.94Rnk 995 / 1025
2022
Imports
$18.8MWorld Rnk 31 / 117
Flag Rnk 55 / 1117

About

Exports In 2022, Montenegro exported $335M in Copper Ore, making it the 28th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 1st most exported product in Montenegro. The main destination of Copper Ore exports from Montenegro are: South Korea ($307M), Georgia ($17.4M), Bulgaria ($10.8M), Netherlands ($1.85k), and China ($276).

The fastest growing export markets for Copper Ore of Montenegro between 2021 and 2022 were South Korea ($278M), Georgia ($17.4M), and Bulgaria ($10.8M).

Imports In 2022, Montenegro imported $18.8M in Copper Ore, becoming the 31st largest importer of Copper Ore in the world. At the same year, Copper Ore was the 55th most imported product in Montenegro. Montenegro imports Copper Ore primarily from: Serbia ($18.8M).

Latest Trends

Oct 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 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

Color
EXPORTS (2022)$335M
IMPORTS (2022)$18.8M
NET TRADE (2022)$317M

In 2022, Montenegro exported $335M in Copper Ore. The main destinations of Montenegro exports on Copper Ore were South Korea ($307M), Georgia ($17.4M), Bulgaria ($10.8M), Netherlands ($1.85k), and China ($276).

In 2022, Montenegro imported $18.8M in Copper Ore, mainly from Serbia ($18.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
South Korea$278M (943%)
Georgia$17.4M (1%)
Bulgaria$10.8M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Montenegro WERE (2021 - 2022):Spain-$87.2M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
In 2022, Montenegro's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

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N/A
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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.

See methodology.

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