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Pricing

2022
Exports $65.9kWorld Rnk 70 / 167
Flag Rnk 300 / 849
2022
Destination $8.88k Israel
2021 - 2022
FASTEST GROWING MARKET $8.88kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Electric Musical Instruments0.55Rnk 344 / 1025
2022
Imports $776kWorld Rnk 91 / 210
Flag Rnk 441 / 1117
2022
Origin $41.3k Germany
2021 - 2022
FASTEST GROWING ORIGIN $41.3kGermany

About

Exports In 2022, Montenegro exported $65.9k in Electric Musical Instruments, making it the 70th largest exporter of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 300th most exported product in Montenegro. The main destination of Electric Musical Instruments exports from Montenegro are: Israel ($53.8k), United Kingdom ($8.88k), Bosnia and Herzegovina ($1.3k), Switzerland ($661), and Germany ($368).

The fastest growing export markets for Electric Musical Instruments of Montenegro between 2021 and 2022 were United Kingdom ($8.88k), Bosnia and Herzegovina ($1.3k), and Germany ($368).

Imports In 2022, Montenegro imported $776k in Electric Musical Instruments, becoming the 91st largest importer of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 441st most imported product in Montenegro. Montenegro imports Electric Musical Instruments primarily from: Germany ($240k), China ($149k), Serbia ($138k), Croatia ($70.4k), and Indonesia ($57.5k).

The fastest growing import markets in Electric Musical Instruments for Montenegro between 2021 and 2022 were Germany ($41.3k), China ($33.5k), and Serbia ($20.2k).

Latest Trends

Jul 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 Electric Musical 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)$65.9k
IMPORTS (2022)$776k
NET TRADE (2022)-$710k

In 2022, Montenegro exported $65.9k in Electric Musical Instruments. The main destinations of Montenegro exports on Electric Musical Instruments were Israel ($53.8k), United Kingdom ($8.88k), Bosnia and Herzegovina ($1.3k), Switzerland ($661), and Germany ($368).

In 2022, Montenegro imported $776k in Electric Musical Instruments, mainly from Germany ($240k), China ($149k), Serbia ($138k), Croatia ($70.4k), and Indonesia ($57.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Musical Instruments EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
United Kingdom$8.88k (1%)
Bosnia and Herzegovina$1.3k (1%)
Germany$368 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Musical Instruments BY Montenegro WERE (2021 - 2022):
Israel-$102k (-65.5%)
Serbia-$53.6k (-100%)
France-$585 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Electric Musical Instruments were:
China $1.03B
Indonesia $664M
Germany $306M
In 2022, Montenegro's main importing competitors in Electric Musical Instruments were:
United States $726M
Germany $398M
Japan $210M

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Trade Value of Electric Musical Instruments by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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