2021
Exports | Imports
$102M | $29.1MWorld Rnk 54 / 147
Flag Rnk 2 / 808
World Rnk 74 / 181
Flag Rnk 20 / 1119
2021
PRODUCT COMPLEXITY IN Raw Aluminium
-1.15Rnk 871 / 1024

About

Exports In 2021, Montenegro exported $102M in Raw Aluminium, making it the 54th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 2nd most exported product in Montenegro. The main destination of Raw Aluminium exports from Montenegro are: Switzerland ($44.1M), Italy ($14.2M), Albania ($7.15M), Hungary ($6.62M), and Romania ($4.44M).

The fastest growing export markets for Raw Aluminium of Montenegro between 2020 and 2021 were Switzerland ($44.1M), Italy ($10.1M), and Albania ($4.51M).

Imports In 2021, Montenegro imported $29.1M in Raw Aluminium, becoming the 74th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 20th most imported product in Montenegro. Montenegro imports Raw Aluminium primarily from: Australia ($19.1M), Norway ($3.27M), Malaysia ($2.32M), India ($1.84M), and Bosnia and Herzegovina ($1.34M).

The fastest growing import markets in Raw Aluminium for Montenegro between 2020 and 2021 were Australia ($19.1M), Norway ($3.27M), and Malaysia ($2.23M).

Latest Trends

Dec 2023

Subnational Monthly Trade

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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 Raw Aluminium. 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 (2021)$102M
IMPORTS (2021)$29.1M
NET TRADE (2021)$73.3M

In 2021, Montenegro exported $102M in Raw Aluminium. The main destinations of Montenegro exports on Raw Aluminium were Switzerland ($44.1M), Italy ($14.2M), Albania ($7.15M), Hungary ($6.62M), and Romania ($4.44M).

In 2021, Montenegro imported $29.1M in Raw Aluminium, mainly from Australia ($19.1M), Norway ($3.27M), Malaysia ($2.32M), India ($1.84M), and Bosnia and Herzegovina ($1.34M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Montenegro WERE (2020 - 2021):
Switzerland$44.1M (1%)
Italy$10.1M (247%)
Albania$4.51M (171%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Montenegro WERE (2020 - 2021):
Hungary-$19M (-74.2%)
Slovenia-$17.7M (-84.7%)
Serbia-$2.54M (-40.2%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Montenegro's main exporting competitors in Raw Aluminium were:
Canada $8.31B
Russia $7.42B
India $7.18B
In 2021, Montenegro's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

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