2022
Exports
$5.11MWorld Rnk 159 / 220
Flag Rnk 20 / 95
2022
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.58Rnk 328 / 1025
2022
Imports
$11.3MWorld Rnk 149 / 225
Flag Rnk 59 / 96

About

Exports In 2022, Montenegro exported $5.11M in Precious stones, metals, & pearls, making it the 159th largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 20th most exported product in Montenegro. The main destination of Precious stones, metals, & pearls exports from Montenegro are: Turkey ($3.49M), Germany ($719k), Czechia ($393k), Hong Kong ($152k), and Bosnia and Herzegovina ($91.5k).

The fastest growing export markets for Precious stones, metals, & pearls of Montenegro between 2021 and 2022 were Turkey ($2.8M), Germany ($712k), and Czechia ($378k).

Imports In 2022, Montenegro imported $11.3M in Precious stones, metals, & pearls, becoming the 149th largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 59th most imported product in Montenegro. Montenegro imports Precious stones, metals, & pearls primarily from: Turkey ($5.51M), Italy ($1.26M), Serbia ($929k), Ireland ($920k), and Thailand ($569k).

The fastest growing import markets in Precious stones, metals, & pearls for Montenegro between 2021 and 2022 were Turkey ($4.46M), Ireland ($910k), and Italy ($901k).

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 Precious stones, metals, & pearls. 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)$5.11M
IMPORTS (2022)$11.3M
NET TRADE (2022)-$6.19M

In 2022, Montenegro exported $5.11M in Precious stones, metals, & pearls. The main destinations of Montenegro exports on Precious stones, metals, & pearls were Turkey ($3.49M), Germany ($719k), Czechia ($393k), Hong Kong ($152k), and Bosnia and Herzegovina ($91.5k).

In 2022, Montenegro imported $11.3M in Precious stones, metals, & pearls, mainly from Turkey ($5.51M), Italy ($1.26M), Serbia ($929k), Ireland ($920k), and Thailand ($569k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Turkey$2.8M (406%)
Germany$712k (10.2k%)
Czechia$378k (2.55k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY Montenegro WERE (2021 - 2022):
Italy-$1.06M (-100%)
Switzerland-$82.3k (-99.6%)
Bulgaria-$67k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Precious stones, metals, & pearls were:
In 2022, Montenegro's main importing competitors in Precious stones, metals, & pearls were:

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Trade Value of Precious stones, metals, & pearls by Exporters

Potential Exports

Potential Exports

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

Precious stones, metals, & pearls’s highest export potential is N/A. With an export gap of N/A.   Precious stones, metals, & pearls’s highest import potential is N/A with an import gap of N/A.

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