2022
Exports
$30.4kWorld Rnk 128 / 208
Flag Rnk 384 / 849
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025
2022
Imports
$1.68MWorld Rnk 116 / 220
Flag Rnk 321 / 1117

About

Exports In 2022, Montenegro exported $30.4k in Knitted Hats, making it the 128th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 384th most exported product in Montenegro. The main destination of Knitted Hats exports from Montenegro are: France ($8.29k), Germany ($6.51k), United States ($4.3k), Bosnia and Herzegovina ($2.86k), and Italy ($1.88k).

The fastest growing export markets for Knitted Hats of Montenegro between 2021 and 2022 were Germany ($6.27k), France ($3.6k), and Bosnia and Herzegovina ($2.76k).

Imports In 2022, Montenegro imported $1.68M in Knitted Hats, becoming the 116th largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 321st most imported product in Montenegro. Montenegro imports Knitted Hats primarily from: China ($834k), Serbia ($290k), Turkey ($124k), Slovenia ($72.8k), and Italy ($62.6k).

The fastest growing import markets in Knitted Hats for Montenegro between 2021 and 2022 were China ($529k), Serbia ($105k), and Italy ($22.5k).

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 Knitted 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)$30.4k
IMPORTS (2022)$1.68M
NET TRADE (2022)-$1.65M

In 2022, Montenegro exported $30.4k in Knitted Hats. The main destinations of Montenegro exports on Knitted Hats were France ($8.29k), Germany ($6.51k), United States ($4.3k), Bosnia and Herzegovina ($2.86k), and Italy ($1.88k).

In 2022, Montenegro imported $1.68M in Knitted Hats, mainly from China ($834k), Serbia ($290k), Turkey ($124k), Slovenia ($72.8k), and Italy ($62.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Germany$6.27k (2.62k%)
France$3.6k (76.7%)
Bosnia and Herzegovina$2.76k (2.68k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY Montenegro WERE (2021 - 2022):
United States-$2.12k (-33%)
Russia-$1.79k (-100%)
Mexico-$539 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Knitted Hats were:
In 2022, Montenegro's main importing competitors in Knitted Hats were:

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Trade Value of Knitted Hats by Exporters

Potential Exports

Potential Exports

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

See methodology.

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