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Exports In 2022, Montenegro exported $119k in Iron Ore, making it the 84th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 228th most exported product in Montenegro. The main destination of Iron Ore exports from Montenegro are: Italy ($99.2k), Albania ($17.1k), and Netherlands ($2.18k).

The fastest growing export markets for Iron Ore of Montenegro between 2021 and 2022 were Italy ($99.2k), Albania ($17.1k), and Netherlands ($2.14k).

Imports In 2022, Montenegro imported $910k in Iron Ore, becoming the 63rd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 416th most imported product in Montenegro. Montenegro imports Iron Ore primarily from: Turkey ($910k).

The fastest growing import markets in Iron Ore for Montenegro between 2021 and 2022 were Turkey ($910k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$119k
IMPORTS (2022)$910k
NET TRADE (2022)-$792k

In 2022, Montenegro exported $119k in Iron Ore. The main destinations of Montenegro exports on Iron Ore were Italy ($99.2k), Albania ($17.1k), and Netherlands ($2.18k).

In 2022, Montenegro imported $910k in Iron Ore, mainly from Turkey ($910k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Italy$99.2k (1%)
Albania$17.1k (1%)
Netherlands$2.14k (5.34k%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Montenegro's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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

See methodology.

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