2022
Exports
$6.01kWorld Rnk 116 / 175
Flag Rnk 569 / 849
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment
0.32Rnk 439 / 1025
2022
Imports
$366kWorld Rnk 127 / 209
Flag Rnk 550 / 1117

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Exports In 2022, Montenegro exported $6.01k in Sound Recording Equipment, making it the 116th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 569th most exported product in Montenegro. The main destination of Sound Recording Equipment exports from Montenegro are: Israel ($5k), Serbia ($551), Bosnia and Herzegovina ($299), and Italy ($158).

The fastest growing export markets for Sound Recording Equipment of Montenegro between 2021 and 2022 were Serbia ($551) and Italy ($158).

Imports In 2022, Montenegro imported $366k in Sound Recording Equipment, becoming the 127th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 550th most imported product in Montenegro. Montenegro imports Sound Recording Equipment primarily from: China ($117k), Croatia ($38.5k), Germany ($38.1k), Hungary ($22.4k), and Malaysia ($18k).

The fastest growing import markets in Sound Recording Equipment for Montenegro between 2021 and 2022 were China ($51.7k), Germany ($28.1k), and Croatia ($23.1k).

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 Sound Recording Equipment. 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)$6.01k
IMPORTS (2022)$366k
NET TRADE (2022)-$360k

In 2022, Montenegro exported $6.01k in Sound Recording Equipment. The main destinations of Montenegro exports on Sound Recording Equipment were Israel ($5k), Serbia ($551), Bosnia and Herzegovina ($299), and Italy ($158).

In 2022, Montenegro imported $366k in Sound Recording Equipment, mainly from China ($117k), Croatia ($38.5k), Germany ($38.1k), Hungary ($22.4k), and Malaysia ($18k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$551 (1%)
Italy$158 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Montenegro WERE (2021 - 2022):
Croatia-$12 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Sound Recording Equipment were:
In 2022, Montenegro's main importing competitors in Sound Recording Equipment were:

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

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

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

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