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Exports In 2022, Montenegro exported $890k in Iron Cloth, making it the 83rd largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 91st most exported product in Montenegro. The main destination of Iron Cloth exports from Montenegro are: Bosnia and Herzegovina ($857k), Serbia ($32.1k), North Macedonia ($590), and Netherlands ($249).

The fastest growing export markets for Iron Cloth of Montenegro between 2021 and 2022 were Bosnia and Herzegovina ($809k), Serbia ($31.9k), and North Macedonia ($590).

Imports In 2022, Montenegro imported $15.4M in Iron Cloth, becoming the 66th largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 70th most imported product in Montenegro. Montenegro imports Iron Cloth primarily from: Bosnia and Herzegovina ($10.3M), Serbia ($3.55M), North Macedonia ($860k), Turkey ($269k), and China ($139k).

The fastest growing import markets in Iron Cloth for Montenegro between 2021 and 2022 were Spain ($55.1k), China ($47.2k), and Greece ($44k).

Latest Trends

Nov 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 Iron Cloth. 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)$890k
IMPORTS (2022)$15.4M
NET TRADE (2022)-$14.5M

In 2022, Montenegro exported $890k in Iron Cloth. The main destinations of Montenegro exports on Iron Cloth were Bosnia and Herzegovina ($857k), Serbia ($32.1k), North Macedonia ($590), and Netherlands ($249).

In 2022, Montenegro imported $15.4M in Iron Cloth, mainly from Bosnia and Herzegovina ($10.3M), Serbia ($3.55M), North Macedonia ($860k), Turkey ($269k), and China ($139k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Cloth EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$31.9k (14.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Cloth BY Montenegro WERE (2021 - 2022):
Albania-$40.8k (-100%)
Sweden-$50 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Iron Cloth were:
China $2.36B
Italy $728M
In 2022, Montenegro's main importing competitors in Iron Cloth were:

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Trade Value of Iron Cloth by Exporters

Potential Exports

Potential Exports

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

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