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Exports In 2022, Montenegro exported $24.7k in Hats, making it the 88th largest exporter of Hats in the world. At the same year, Hats was the 409th most exported product in Montenegro. The main destination of Hats exports from Montenegro are: United States ($13.1k), Hong Kong ($2.06k), Chinese Taipei ($1.36k), Mexico ($1k), and France ($929).

The fastest growing export markets for Hats of Montenegro between 2021 and 2022 were United States ($7.59k), Chinese Taipei ($1.36k), and Mexico ($1k).

Imports In 2022, Montenegro imported $134k in Hats, becoming the 114th largest importer of Hats in the world. At the same year, Hats was the 716th most imported product in Montenegro. Montenegro imports Hats primarily from: China ($49.6k), Italy ($23k), Slovenia ($13.3k), Turkey ($11k), and Ecuador ($6.11k).

The fastest growing import markets in Hats for Montenegro between 2021 and 2022 were China ($15.2k), Slovenia ($13.2k), and Czechia ($3.39k).

Latest Trends

Jul 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 Hats. 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)$24.7k
IMPORTS (2022)$134k
NET TRADE (2022)-$109k

In 2022, Montenegro exported $24.7k in Hats. The main destinations of Montenegro exports on Hats were United States ($13.1k), Hong Kong ($2.06k), Chinese Taipei ($1.36k), Mexico ($1k), and France ($929).

In 2022, Montenegro imported $134k in Hats, mainly from China ($49.6k), Italy ($23k), Slovenia ($13.3k), Turkey ($11k), and Ecuador ($6.11k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hats EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
United States$7.59k (138%)
Chinese Taipei$1.36k (1%)
Mexico$1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hats BY Montenegro WERE (2021 - 2022):
Russia-$533 (-100%)
Netherlands-$221 (-100%)
Serbia-$168 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Hats were:
China $298M
Italy $24.4M
In 2022, Montenegro's main importing competitors in Hats were:

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Trade Value of Hats by Exporters

Potential Exports

Potential Exports

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

See methodology.

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