2022
Exports
$4.27MWorld Rnk 62 / 209
Flag Rnk 26 / 849
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$1.94MWorld Rnk 134 / 222
Flag Rnk 309 / 1117

About

Exports In 2022, Montenegro exported $4.27M in Electrical Lighting and Signalling Equipment, making it the 62nd largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 26th most exported product in Montenegro. The main destination of Electrical Lighting and Signalling Equipment exports from Montenegro are: Canada ($3.33M), Poland ($867k), United States ($46.4k), Albania ($20.1k), and Mauritania ($4.27k).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Montenegro between 2021 and 2022 were United States ($20.1k), Albania ($16.8k), and Mauritania ($1.06k).

Imports In 2022, Montenegro imported $1.94M in Electrical Lighting and Signalling Equipment, becoming the 134th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 309th most imported product in Montenegro. Montenegro imports Electrical Lighting and Signalling Equipment primarily from: Serbia ($498k), China ($450k), Croatia ($140k), Slovenia ($105k), and Poland ($94k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Montenegro between 2021 and 2022 were Serbia ($85k), China ($55.9k), and Hungary ($54.4k).

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 Electrical Lighting and Signalling Equipment. 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)$4.27M
IMPORTS (2022)$1.94M
NET TRADE (2022)$2.33M

In 2022, Montenegro exported $4.27M in Electrical Lighting and Signalling Equipment. The main destinations of Montenegro exports on Electrical Lighting and Signalling Equipment were Canada ($3.33M), Poland ($867k), United States ($46.4k), Albania ($20.1k), and Mauritania ($4.27k).

In 2022, Montenegro imported $1.94M in Electrical Lighting and Signalling Equipment, mainly from Serbia ($498k), China ($450k), Croatia ($140k), Slovenia ($105k), and Poland ($94k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
United States$20.1k (76.4%)
Albania$16.8k (504%)
Mauritania$1.06k (33.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Montenegro WERE (2021 - 2022):
Canada-$2.04M (-38%)
Poland-$93.3k (-9.71%)
Bosnia and Herzegovina-$4.51k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Montenegro's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

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

Electrical Lighting and Signalling Equipment’s highest export potential is N/A. With an export gap of N/A.   Electrical Lighting and Signalling Equipment’s highest import potential is N/A with an import gap of N/A.

See methodology.

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