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Exports In 2023, Montenegro exported $147k in Ball Bearings, making it the 110th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 217th most exported product in Montenegro. The main destination of Ball Bearings exports from Montenegro are: Italy ($77.4k), Norway ($24.9k), Slovenia ($9.02k), Poland ($8.83k), and United States ($6.29k).

The fastest growing export markets for Ball Bearings of Montenegro between 2022 and 2023 were Italy ($64.1k), Norway ($24.9k), and Slovenia ($3.68k).

Imports In 2023, Montenegro imported $1.74M in Ball Bearings, becoming the 148th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 338th most imported product in Montenegro. Montenegro imports Ball Bearings primarily from: Germany ($701k), China ($369k), Serbia ($151k), Bosnia and Herzegovina ($112k), and Italy ($88.8k).

The fastest growing import markets in Ball Bearings for Montenegro between 2022 and 2023 were Bosnia and Herzegovina ($97.2k), France ($42.7k), and Germany ($15.9k).

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 Ball Bearings. 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)$147k
IMPORTS (2023)$1.74M
NET TRADE (2023)-$1.59M

In 2023, Montenegro exported $147k in Ball Bearings. The main destinations of Montenegro exports on Ball Bearings were Italy ($77.4k), Norway ($24.9k), Slovenia ($9.02k), Poland ($8.83k), and United States ($6.29k).

In 2023, Montenegro imported $1.74M in Ball Bearings, mainly from Germany ($701k), China ($369k), Serbia ($151k), Bosnia and Herzegovina ($112k), and Italy ($88.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Italy$64.1k (481%)
Norway$24.9k (1%)
Slovenia$3.68k (69%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Montenegro WERE (2022 - 2023):
United States-$19.2k (-75.3%)
Estonia-$2.89k (-100%)
Albania-$1.99k (-95.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Montenegro's main exporting competitors in Ball Bearings were:
China $6.46B
Germany $5.01B
Japan $4.28B
In 2023, Montenegro's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

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

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