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Exports In 2023, Montenegro exported $22 in Cement, making it the 168th largest exporter of Cement in the world. At the same year, Cement was the 782nd most exported product in Montenegro. The main destination of Cement exports from Montenegro are: Serbia ($22).

The fastest growing export markets for Cement of Montenegro between 2022 and 2023 were Serbia ($10).

Imports In 2023, Montenegro imported $53.4M in Cement, becoming the 74th largest importer of Cement in the world. At the same year, Cement was the 12th most imported product in Montenegro. Montenegro imports Cement primarily from: Croatia ($20.3M), Albania ($16.9M), Serbia ($12.1M), Bosnia and Herzegovina ($3.55M), and Italy ($381k).

The fastest growing import markets in Cement for Montenegro between 2022 and 2023 were Albania ($5.87M), Croatia ($4.89M), and Bosnia and Herzegovina ($2.32M).

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 Cement. 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)$22
IMPORTS (2023)$53.4M
NET TRADE (2023)-$53.4M

In 2023, Montenegro exported $22 in Cement. The main destinations of Montenegro exports on Cement were Serbia ($22).

In 2023, Montenegro imported $53.4M in Cement, mainly from Croatia ($20.3M), Albania ($16.9M), Serbia ($12.1M), Bosnia and Herzegovina ($3.55M), and Italy ($381k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):Serbia$10 (83.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Montenegro WERE (2022 - 2023):
Netherlands-$19 (-100%)
France-$4 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Cement were:
Turkey $1.65B
Vietnam $1.58B
Egypt $841M
In 2023, Montenegro's main importing competitors in Cement were:

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

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

See methodology.

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