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Exports In 2022, Montenegro exported $1.05M in Baked Goods, making it the 119th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 84th most exported product in Montenegro. The main destination of Baked Goods exports from Montenegro are: Saudi Arabia ($328k), Poland ($252k), North Macedonia ($175k), Slovenia ($99.1k), and Turkey ($94.8k).

The fastest growing export markets for Baked Goods of Montenegro between 2021 and 2022 were Slovenia ($99.1k), Turkey ($94.8k), and Poland ($71.2k).

Imports In 2022, Montenegro imported $44.2M in Baked Goods, becoming the 97th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 11th most imported product in Montenegro. Montenegro imports Baked Goods primarily from: Serbia ($21.1M), Croatia ($4.98M), Italy ($3.67M), Bulgaria ($3.09M), and Bosnia and Herzegovina ($2.91M).

The fastest growing import markets in Baked Goods for Montenegro between 2021 and 2022 were Serbia ($2.19M), Croatia ($1.02M), and Bosnia and Herzegovina ($560k).

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 Baked Goods. 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)$1.05M
IMPORTS (2022)$44.2M
NET TRADE (2022)-$43.2M

In 2022, Montenegro exported $1.05M in Baked Goods. The main destinations of Montenegro exports on Baked Goods were Saudi Arabia ($328k), Poland ($252k), North Macedonia ($175k), Slovenia ($99.1k), and Turkey ($94.8k).

In 2022, Montenegro imported $44.2M in Baked Goods, mainly from Serbia ($21.1M), Croatia ($4.98M), Italy ($3.67M), Bulgaria ($3.09M), and Bosnia and Herzegovina ($2.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Slovenia$99.1k (1%)
Turkey$94.8k (1%)
Poland$71.2k (39.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Montenegro WERE (2021 - 2022):
Saudi Arabia-$334k (-50.5%)
Israel-$41k (-100%)
Serbia-$30.4k (-88.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Montenegro's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Montenegro's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

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

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