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Exports In 2022, Montenegro exported $66.9k in Padlocks, making it the 103rd largest exporter of Padlocks in the world. At the same year, Padlocks was the 297th most exported product in Montenegro. The main destination of Padlocks exports from Montenegro are: Serbia ($27.1k), Bosnia and Herzegovina ($15.4k), Senegal ($14.8k), Turkey ($3.65k), and Albania ($3.32k).

The fastest growing export markets for Padlocks of Montenegro between 2021 and 2022 were Serbia ($8.08k), Turkey ($3.64k), and Albania ($3.32k).

Imports In 2022, Montenegro imported $2M in Padlocks, becoming the 152nd largest importer of Padlocks in the world. At the same year, Padlocks was the 304th most imported product in Montenegro. Montenegro imports Padlocks primarily from: Serbia ($605k), Italy ($465k), China ($306k), Spain ($99.3k), and Croatia ($96.2k).

The fastest growing import markets in Padlocks for Montenegro between 2021 and 2022 were China ($66.5k), Italy ($63.8k), and Romania ($33k).

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 Padlocks. 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)$66.9k
IMPORTS (2022)$2M
NET TRADE (2022)-$1.93M

In 2022, Montenegro exported $66.9k in Padlocks. The main destinations of Montenegro exports on Padlocks were Serbia ($27.1k), Bosnia and Herzegovina ($15.4k), Senegal ($14.8k), Turkey ($3.65k), and Albania ($3.32k).

In 2022, Montenegro imported $2M in Padlocks, mainly from Serbia ($605k), Italy ($465k), China ($306k), Spain ($99.3k), and Croatia ($96.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$8.08k (42.5%)
Turkey$3.64k (30.3k%)
Albania$3.32k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Montenegro WERE (2021 - 2022):
Bosnia and Herzegovina-$6.63k (-30.1%)
Germany-$1.2k (-97.1%)
Belgium-$799 (-71.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Montenegro's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

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

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