2022
Exports
$371kWorld Rnk 109 / 175
Flag Rnk 139 / 849
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$24.3MWorld Rnk 85 / 218
Flag Rnk 36 / 1117

About

Exports In 2022, Montenegro exported $371k in Aluminium Bars, making it the 109th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 139th most exported product in Montenegro. The main destination of Aluminium Bars exports from Montenegro are: Serbia ($194k), Australia ($70.5k), Germany ($40.8k), Albania ($28.5k), and Czechia ($15.7k).

The fastest growing export markets for Aluminium Bars of Montenegro between 2021 and 2022 were Serbia ($79.6k), Germany ($40.7k), and Australia ($40.3k).

Imports In 2022, Montenegro imported $24.3M in Aluminium Bars, becoming the 85th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 36th most imported product in Montenegro. Montenegro imports Aluminium Bars primarily from: Serbia ($6.8M), Greece ($4.89M), Albania ($3.86M), Bosnia and Herzegovina ($3.13M), and Turkey ($1.49M).

The fastest growing import markets in Aluminium Bars for Montenegro between 2021 and 2022 were Albania ($1.44M), Serbia ($908k), and Greece ($648k).

Latest Trends

Oct 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 Aluminium Bars. 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)$371k
IMPORTS (2022)$24.3M
NET TRADE (2022)-$24M

In 2022, Montenegro exported $371k in Aluminium Bars. The main destinations of Montenegro exports on Aluminium Bars were Serbia ($194k), Australia ($70.5k), Germany ($40.8k), Albania ($28.5k), and Czechia ($15.7k).

In 2022, Montenegro imported $24.3M in Aluminium Bars, mainly from Serbia ($6.8M), Greece ($4.89M), Albania ($3.86M), Bosnia and Herzegovina ($3.13M), and Turkey ($1.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$79.6k (69.7%)
Germany$40.7k (25k%)
Australia$40.3k (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Montenegro WERE (2021 - 2022):
Croatia-$204k (-98.7%)
Romania-$188k (-100%)
Bosnia and Herzegovina-$32.3k (-90.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, Montenegro's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

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

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