China / Montenegro

Overview In September 2024, China exported $10.1M and imported $11.5M from Montenegro, resulting in a negative trade balance of $1.35M. Between September 2023 and September 2024 the exports of China have decreased by $-2.17M (-17.6%) from $12.3M to $10.1M, while imports increased by $5.27M (84.7%) from $6.23M to $11.5M.

Trade In September 2024, the top exports of China to Montenegro were Polyacetals ($6.47M), Other Heating Machinery ($1.88M), Iron Structures ($1.69M), Stranded Iron Wire ($804k), and Air Pumps ($754k). In September 2024 the top imports of China from Montenegro were Aluminium Ore ($9.58M), Marble, Travertine and Alabaster ($201k), Sawn Wood ($52.4k), Other Electrical Machinery ($8.79k), and Chemical Analysis Instruments ($5.72k).

Origins In September 2024 the exports of China were mainly from Shandong Province ($1.92M), Zhejiang Province ($1.92M), Jiangsu Province ($1.38M), Guangdong Province ($946k), and Hunan Province ($767k), while imports destinations were mainly Zhejiang Province ($9.09M), Hunan Province ($2.36M), Jiangsu Province ($39.4k), Shanghai Province ($561), and Guangdong Province ($117).

Growth In September 2024, the decrease in China's year-by-year exports to Montenegro was explained primarily by an decrease in product exports in Polyacetals ($-11.6M or -64.3%), Coated Flat-Rolled Iron ($-260k or -38.1%), and Magnesium ($-245k or -75.9%). In September 2024, the increase in China's year-by-year imports  from Montenegro was explained primarily by an increase in product imports  in Other Iron Products ($134 or 26.1%) and Commodities not elsewhere specified ($37 or 23.3%).