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Exports In 2023, Montenegro exported $4.1M in Valves, making it the 85th largest exporter of Valves in the world. At the same year, Valves was the 27th most exported product in Montenegro. The main destination of Valves exports from Montenegro are: Serbia ($3.23M), Morocco ($315k), United States ($221k), Switzerland ($140k), and Italy ($72.5k).

The fastest growing export markets for Valves of Montenegro between 2022 and 2023 were Serbia ($3.19M), Morocco ($315k), and United States ($211k).

Imports In 2023, Montenegro imported $16M in Valves, becoming the 141st largest importer of Valves in the world. At the same year, Valves was the 66th most imported product in Montenegro. Montenegro imports Valves primarily from: Serbia ($4M), China ($2.63M), Italy ($2.16M), Germany ($2.08M), and Slovenia ($1.08M).

The fastest growing import markets in Valves for Montenegro between 2022 and 2023 were Serbia ($592k), China ($505k), and United States ($230k).

Latest Trends

Dec 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 Valves. 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 (2023)$4.1M
IMPORTS (2023)$16M
NET TRADE (2023)-$11.9M

In 2023, Montenegro exported $4.1M in Valves. The main destinations of Montenegro exports on Valves were Serbia ($3.23M), Morocco ($315k), United States ($221k), Switzerland ($140k), and Italy ($72.5k).

In 2023, Montenegro imported $16M in Valves, mainly from Serbia ($4M), China ($2.63M), Italy ($2.16M), Germany ($2.08M), and Slovenia ($1.08M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Serbia$3.19M (7.3k%)
Morocco$315k (1%)
United States$211k (2.16k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Montenegro WERE (2022 - 2023):
Italy-$254k (-77.8%)
United Kingdom-$153k (-97.1%)
Netherlands-$116k (-93%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Valves were:
In 2023, Montenegro's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

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

See methodology.

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