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2023
Exports $974World Rnk 97 / 117
Flag Rnk 637 / 799
2023
Destination $974 Serbia
2022 - 2023
FASTEST GROWING MARKET $974Serbia
2023
PRODUCT COMPLEXITY IN Vermouth-0.84Rnk 792 / 1025
2023
Imports $254kWorld Rnk 118 / 210
Flag Rnk 623 / 1123
2023
Origin $51.2kN/A
2022 - 2023
FASTEST GROWING ORIGIN $51.2kUnited States

About

Exports In 2023, Montenegro exported $974 in Vermouth, making it the 97th largest exporter of Vermouth in the world. At the same year, Vermouth was the 637th most exported product in Montenegro. The main destination of Vermouth exports from Montenegro are: Serbia ($974).

The fastest growing export markets for Vermouth of Montenegro between 2022 and 2023 were Serbia ($974).

Imports In 2023, Montenegro imported $254k in Vermouth, becoming the 118th largest importer of Vermouth in the world. At the same year, Vermouth was the 623rd most imported product in Montenegro. Montenegro imports Vermouth primarily from: N/A.

The fastest growing import markets in Vermouth for Montenegro between 2022 and 2023 were United States ($51.2k), Argentina ($26.9k), and Netherlands ($22.4k).

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 Vermouth. 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)$974
IMPORTS (2023)$254k
NET TRADE (2023)-$253k

In 2023, Montenegro exported $974 in Vermouth. The main destinations of Montenegro exports on Vermouth were Serbia ($974).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):Serbia$974 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Montenegro WERE (2022 - 2023):Malta-$6 (-100%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Vermouth were:
Italy $301M
France $129M
Spain $71.5M
In 2023, Montenegro's main importing competitors in Vermouth were:
Germany $102M
Russia $68.3M
United States $66.2M

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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