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Exports In 2022, Montenegro exported $11k in String Instruments, making it the 87th largest exporter of String Instruments in the world. At the same year, String Instruments was the 512th most exported product in Montenegro. The main destination of String Instruments exports from Montenegro are: Bosnia and Herzegovina ($6.06k), Israel ($4k), Germany ($519), Serbia ($210), and France ($154).

The fastest growing export markets for String Instruments of Montenegro between 2021 and 2022 were Bosnia and Herzegovina ($6.06k), Germany ($519), and Serbia ($210).

Imports In 2022, Montenegro imported $226k in String Instruments, becoming the 113th largest importer of String Instruments in the world. At the same year, String Instruments was the 626th most imported product in Montenegro. Montenegro imports String Instruments primarily from: Germany ($82.1k), China ($79.5k), Croatia ($22.4k), Indonesia ($21.2k), and India ($9.05k).

The fastest growing import markets in String Instruments for Montenegro between 2021 and 2022 were Germany ($29.9k), China ($6.47k), and Croatia ($6.32k).

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 String Instruments. 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)$11k
IMPORTS (2022)$226k
NET TRADE (2022)-$215k

In 2022, Montenegro exported $11k in String Instruments. The main destinations of Montenegro exports on String Instruments were Bosnia and Herzegovina ($6.06k), Israel ($4k), Germany ($519), Serbia ($210), and France ($154).

In 2022, Montenegro imported $226k in String Instruments, mainly from Germany ($82.1k), China ($79.5k), Croatia ($22.4k), Indonesia ($21.2k), and India ($9.05k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING String Instruments EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Germany$519 (1%)
Serbia$210 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF String Instruments BY Montenegro WERE (2021 - 2022):
Israel-$11k (-73.3%)
Switzerland-$605 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Montenegro's main exporting competitors in String Instruments were:
In 2022, Montenegro's main importing competitors in String Instruments were:

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Trade Value of String Instruments by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

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