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Exports In 2023, Montenegro exported $2.63M in Chocolate, making it the 96th largest exporter of Chocolate in the world. At the same year, Chocolate was the 40th most exported product in Montenegro. The main destination of Chocolate exports from Montenegro are: Serbia ($1.01M), Germany ($438k), Croatia ($254k), Bosnia and Herzegovina ($247k), and Ukraine ($212k).

The fastest growing export markets for Chocolate of Montenegro between 2022 and 2023 were Germany ($236k), Ukraine ($123k), and North Macedonia ($88k).

Imports In 2023, Montenegro imported $36M in Chocolate, becoming the 87th largest importer of Chocolate in the world. At the same year, Chocolate was the 18th most imported product in Montenegro. Montenegro imports Chocolate primarily from: Serbia ($9.71M), Croatia ($4.83M), Germany ($4.25M), Poland ($3.83M), and Austria ($2.99M).

The fastest growing import markets in Chocolate for Montenegro between 2022 and 2023 were Serbia ($1.42M), Poland ($1.32M), and Germany ($1.31M).

Latest Trends

Jan 2025

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 Chocolate. 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)$2.63M
IMPORTS (2023)$36M
NET TRADE (2023)-$33.4M

In 2023, Montenegro exported $2.63M in Chocolate. The main destinations of Montenegro exports on Chocolate were Serbia ($1.01M), Germany ($438k), Croatia ($254k), Bosnia and Herzegovina ($247k), and Ukraine ($212k).

In 2023, Montenegro imported $36M in Chocolate, mainly from Serbia ($9.71M), Croatia ($4.83M), Germany ($4.25M), Poland ($3.83M), and Austria ($2.99M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Germany$236k (117%)
Ukraine$123k (137%)
North Macedonia$88k (114%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Montenegro WERE (2022 - 2023):
Ecuador-$214k (-100%)
Serbia-$133k (-11.7%)
Bosnia and Herzegovina-$99.5k (-28.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Chocolate were:
Germany $6.26B
Belgium $4.09B
Italy $2.74B
In 2023, Montenegro's main importing competitors in Chocolate were:

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

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

See methodology.

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