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2022
Exports $262MWorld Rnk 46 / 98
Flag Rnk 2 / 849
2022
Destination $82.5M Italy
2021 - 2022
FASTEST GROWING MARKET $82.5MItaly
2022
PRODUCT COMPLEXITY IN Electricity-0.67Rnk 750 / 1025
2022
Imports $592MWorld Rnk 36 / 128
Flag Rnk 1 / 1117
2022
Origin $179M Italy
2021 - 2022
FASTEST GROWING ORIGIN $179MItaly

About

Exports In 2022, Montenegro exported $262M in Electricity, making it the 46th largest exporter of Electricity in the world. At the same year, Electricity was the 2nd most exported product in Montenegro. The main destination of Electricity exports from Montenegro are: Italy ($82.5M), Bosnia and Herzegovina ($69.5M), Serbia ($29.9M), Switzerland ($25.9M), and Slovenia ($23.4M).

The fastest growing export markets for Electricity of Montenegro between 2021 and 2022 were Italy ($82.5M), Bosnia and Herzegovina ($52.9M), and Slovenia ($13.9M).

Imports In 2022, Montenegro imported $592M in Electricity, becoming the 36th largest importer of Electricity in the world. At the same year, Electricity was the 1st most imported product in Montenegro. Montenegro imports Electricity primarily from: Italy ($179M), Serbia ($145M), Bosnia and Herzegovina ($101M), Switzerland ($95.4M), and Slovenia ($26.1M).

The fastest growing import markets in Electricity for Montenegro between 2021 and 2022 were Italy ($179M), Serbia ($119M), and Switzerland ($81.6M).

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 Electricity. 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)$262M
IMPORTS (2022)$592M
NET TRADE (2022)-$330M

In 2022, Montenegro exported $262M in Electricity. The main destinations of Montenegro exports on Electricity were Italy ($82.5M), Bosnia and Herzegovina ($69.5M), Serbia ($29.9M), Switzerland ($25.9M), and Slovenia ($23.4M).

In 2022, Montenegro imported $592M in Electricity, mainly from Italy ($179M), Serbia ($145M), Bosnia and Herzegovina ($101M), Switzerland ($95.4M), and Slovenia ($26.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Italy$82.5M (1%)
Bosnia and Herzegovina$52.9M (319%)
Slovenia$13.9M (146%)
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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 Electricity were:
Germany $18B
France $11.1B
Switzerland $9.26B
In 2022, Montenegro's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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