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Exports In 2023, Montenegro exported $230k in Cranes, making it the 126th largest exporter of Cranes in the world. At the same year, Cranes was the 174th most exported product in Montenegro. The main destination of Cranes exports from Montenegro are: Bosnia and Herzegovina ($130k), Republic of the Congo ($63.6k), Croatia ($12.6k), Serbia ($10k), and Slovenia ($7.18k).

The fastest growing export markets for Cranes of Montenegro between 2022 and 2023 were Bosnia and Herzegovina ($130k), Republic of the Congo ($63.6k), and Slovenia ($7.18k).

Imports In 2023, Montenegro imported $3.06M in Cranes, becoming the 145th largest importer of Cranes in the world. At the same year, Cranes was the 247th most imported product in Montenegro. Montenegro imports Cranes primarily from: Germany ($1.02M), Netherlands ($460k), Austria ($300k), Italy ($295k), and United Kingdom ($193k).

The fastest growing import markets in Cranes for Montenegro between 2022 and 2023 were Austria ($264k), Netherlands ($189k), and United Kingdom ($172k).

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 Cranes. 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)$230k
IMPORTS (2023)$3.06M
NET TRADE (2023)-$2.83M

In 2023, Montenegro exported $230k in Cranes. The main destinations of Montenegro exports on Cranes were Bosnia and Herzegovina ($130k), Republic of the Congo ($63.6k), Croatia ($12.6k), Serbia ($10k), and Slovenia ($7.18k).

In 2023, Montenegro imported $3.06M in Cranes, mainly from Germany ($1.02M), Netherlands ($460k), Austria ($300k), Italy ($295k), and United Kingdom ($193k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Montenegro WERE (2022 - 2023):
Albania-$956k (-100%)
Serbia-$542k (-98.2%)
Croatia-$15.3k (-54.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Cranes were:
China $4.99B
Germany $2.67B
Japan $1.4B
In 2023, Montenegro's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

See methodology.

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