2022
Exports
$9.41kWorld Rnk 145 / 194
Flag Rnk 525 / 849
2022
PRODUCT COMPLEXITY IN Wood Ornaments
-0.4Rnk 674 / 1025
2022
Imports
$266kWorld Rnk 119 / 217
Flag Rnk 595 / 1117

About

Exports In 2022, Montenegro exported $9.41k in Wood Ornaments, making it the 145th largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 525th most exported product in Montenegro. The main destination of Wood Ornaments exports from Montenegro are: Croatia ($2.95k), Argentina ($2.89k), Netherlands ($2.56k), United States ($841), and Saudi Arabia ($126).

The fastest growing export markets for Wood Ornaments of Montenegro between 2021 and 2022 were Croatia ($2.93k), Argentina ($2.89k), and Netherlands ($2.56k).

Imports In 2022, Montenegro imported $266k in Wood Ornaments, becoming the 119th largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 595th most imported product in Montenegro. Montenegro imports Wood Ornaments primarily from: China ($74.3k), Serbia ($50.1k), Germany ($29.7k), Croatia ($20.2k), and Indonesia ($15.4k).

The fastest growing import markets in Wood Ornaments for Montenegro between 2021 and 2022 were China ($17.8k), Germany ($16.3k), and Serbia ($11.3k).

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 Wood Ornaments. 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)$9.41k
IMPORTS (2022)$266k
NET TRADE (2022)-$256k

In 2022, Montenegro exported $9.41k in Wood Ornaments. The main destinations of Montenegro exports on Wood Ornaments were Croatia ($2.95k), Argentina ($2.89k), Netherlands ($2.56k), United States ($841), and Saudi Arabia ($126).

In 2022, Montenegro imported $266k in Wood Ornaments, mainly from China ($74.3k), Serbia ($50.1k), Germany ($29.7k), Croatia ($20.2k), and Indonesia ($15.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Croatia$2.93k (16.3k%)
Argentina$2.89k (1%)
Netherlands$2.56k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Montenegro WERE (2021 - 2022):
Germany-$8.52k (-100%)
Switzerland-$492 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Wood Ornaments were:
China $1.65B
Germany $83.5M
In 2022, Montenegro's main importing competitors in Wood Ornaments were:

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

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

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