2022
Exports | Imports
$1.19M | $11.4MWorld Rnk 113 / 216
Flag Rnk 77 / 849
World Rnk 144 / 225
Flag Rnk 85 / 1117
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 8 / 1025

About

Exports In 2022, Montenegro exported $1.19M in Machinery Having Individual Functions, making it the 113th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 77th most exported product in Montenegro. The main destination of Machinery Having Individual Functions exports from Montenegro are: Italy ($923k), United Kingdom ($71.4k), Serbia ($42.4k), Bosnia and Herzegovina ($30.8k), and Germany ($26.4k).

The fastest growing export markets for Machinery Having Individual Functions of Montenegro between 2021 and 2022 were United Kingdom ($71.4k), Bosnia and Herzegovina ($27.2k), and Germany ($26.1k).

Imports In 2022, Montenegro imported $11.4M in Machinery Having Individual Functions, becoming the 144th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 85th most imported product in Montenegro. Montenegro imports Machinery Having Individual Functions primarily from: Serbia ($3.71M), China ($1.46M), Italy ($1.17M), Croatia ($1.01M), and Sweden ($805k).

The fastest growing import markets in Machinery Having Individual Functions for Montenegro between 2021 and 2022 were Serbia ($1.37M), Sweden ($786k), and China ($222k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Machinery Having Individual Functions from Montenegro to the United States.

Latest Trends

Feb 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 Machinery Having Individual Functions. 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)$1.19M
IMPORTS (2022)$11.4M
NET TRADE (2022)-$10.2M

In 2022, Montenegro exported $1.19M in Machinery Having Individual Functions. The main destinations of Montenegro exports on Machinery Having Individual Functions were Italy ($923k), United Kingdom ($71.4k), Serbia ($42.4k), Bosnia and Herzegovina ($30.8k), and Germany ($26.4k).

In 2022, Montenegro imported $11.4M in Machinery Having Individual Functions, mainly from Serbia ($3.71M), China ($1.46M), Italy ($1.17M), Croatia ($1.01M), and Sweden ($805k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
United Kingdom$71.4k (1%)
Germany$26.1k (7.93k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Montenegro WERE (2021 - 2022):
Italy-$1.06M (-53.6%)
United Arab Emirates-$664k (-100%)
Serbia-$162k (-79.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Montenegro's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

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