2022
Exports
$4.22MWorld Rnk 68 / 214
Flag Rnk 27 / 849
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.69Rnk 26 / 1025
2022
Imports
$7.75MWorld Rnk 120 / 225
Flag Rnk 120 / 1117

About

Exports In 2022, Montenegro exported $4.22M in Chemical Analysis Instruments, making it the 68th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 27th most exported product in Montenegro. The main destination of Chemical Analysis Instruments exports from Montenegro are: China ($3.75M), Germany ($206k), Serbia ($123k), Bosnia and Herzegovina ($32.3k), and Hong Kong ($24.2k).

The fastest growing export markets for Chemical Analysis Instruments of Montenegro between 2021 and 2022 were China ($1.2M), Germany ($206k), and Bosnia and Herzegovina ($32.3k).

Imports In 2022, Montenegro imported $7.75M in Chemical Analysis Instruments, becoming the 120th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 120th most imported product in Montenegro. Montenegro imports Chemical Analysis Instruments primarily from: Serbia ($2.45M), Germany ($1.11M), Japan ($884k), United States ($811k), and South Korea ($627k).

The fastest growing import markets in Chemical Analysis Instruments for Montenegro between 2021 and 2022 were Serbia ($585k), South Korea ($480k), and Japan ($379k).

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 Chemical Analysis Instruments. 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)$4.22M
IMPORTS (2022)$7.75M
NET TRADE (2022)-$3.54M

In 2022, Montenegro exported $4.22M in Chemical Analysis Instruments. The main destinations of Montenegro exports on Chemical Analysis Instruments were China ($3.75M), Germany ($206k), Serbia ($123k), Bosnia and Herzegovina ($32.3k), and Hong Kong ($24.2k).

In 2022, Montenegro imported $7.75M in Chemical Analysis Instruments, mainly from Serbia ($2.45M), Germany ($1.11M), Japan ($884k), United States ($811k), and South Korea ($627k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
China$1.2M (47%)
Germany$206k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Montenegro WERE (2021 - 2022):
Russia-$620k (-98.5%)
Serbia-$271k (-68.7%)
Croatia-$188k (-96.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Chemical Analysis Instruments were:
In 2022, Montenegro's main importing competitors in Chemical Analysis Instruments were:

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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

See methodology.

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