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Exports In 2023, Montenegro exported $11.4k in Compasses, making it the 145th largest exporter of Compasses in the world. At the same year, Compasses was the 465th most exported product in Montenegro. The main destination of Compasses exports from Montenegro are: United Kingdom ($7.69k), Norway ($3.41k), and Spain ($268).

The fastest growing export markets for Compasses of Montenegro between 2022 and 2023 were United Kingdom ($7.69k), Norway ($3.41k), and Spain ($268).

Imports In 2023, Montenegro imported $692k in Compasses, becoming the 120th largest importer of Compasses in the world. At the same year, Compasses was the 481st most imported product in Montenegro. Montenegro imports Compasses primarily from: Croatia ($243k), Serbia ($201k), United Kingdom ($82.2k), China ($31.3k), and Chinese Taipei ($31k).

The fastest growing import markets in Compasses for Montenegro between 2022 and 2023 were Croatia ($206k), Serbia ($200k), and Germany ($16.6k).

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 Compasses. 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)$11.4k
IMPORTS (2023)$692k
NET TRADE (2023)-$681k

In 2023, Montenegro exported $11.4k in Compasses. The main destinations of Montenegro exports on Compasses were United Kingdom ($7.69k), Norway ($3.41k), and Spain ($268).

In 2023, Montenegro imported $692k in Compasses, mainly from Croatia ($243k), Serbia ($201k), United Kingdom ($82.2k), China ($31.3k), and Chinese Taipei ($31k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
United Kingdom$7.69k (1%)
Norway$3.41k (1%)
Spain$268 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Montenegro WERE (2022 - 2023):
Netherlands-$531k (-100%)
Slovenia-$3.37k (-100%)
Serbia-$1.42k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Compasses were:
In 2023, Montenegro's main importing competitors in Compasses were:

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

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

See methodology.

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