2022
Exports
$11.8MWorld Rnk 44 / 118
Flag Rnk 13 / 849
2022
PRODUCT COMPLEXITY IN Explosive Ammunition
0.21Rnk 484 / 1025
2022
Imports
$781kWorld Rnk 122 / 195
Flag Rnk 440 / 1117

About

Exports In 2022, Montenegro exported $11.8M in Explosive Ammunition, making it the 44th largest exporter of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 13th most exported product in Montenegro. The main destination of Explosive Ammunition exports from Montenegro are: Indonesia ($9.49M), Malaysia ($724k), Austria ($676k), Croatia ($619k), and Poland ($210k).

The fastest growing export markets for Explosive Ammunition of Montenegro between 2021 and 2022 were Indonesia ($6.78M), Malaysia ($724k), and Austria ($676k).

Imports In 2018, Montenegro imported $781k in Explosive Ammunition, becoming the 122nd largest importer of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 440th most imported product in Montenegro. Montenegro imports Explosive Ammunition primarily from: Serbia ($224k), Bosnia and Herzegovina ($191k), Croatia ($165k), Italy ($61.3k), and Czechia ($57.9k).

The fastest growing import markets in Explosive Ammunition for Montenegro between 2021 and 2022 were Croatia ($165k), Serbia ($58.3k), and Turkey ($30.7k).

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 Explosive Ammunition. 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)$11.8M
IMPORTS (2022)$781k
NET TRADE (2022)$11M

In 2022, Montenegro exported $11.8M in Explosive Ammunition. The main destinations of Montenegro exports on Explosive Ammunition were Indonesia ($9.49M), Malaysia ($724k), Austria ($676k), Croatia ($619k), and Poland ($210k).

In 2022, Montenegro imported $781k in Explosive Ammunition, mainly from Serbia ($224k), Bosnia and Herzegovina ($191k), Croatia ($165k), Italy ($61.3k), and Czechia ($57.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Explosive Ammunition EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Indonesia$6.78M (251%)
Malaysia$724k (1%)
Austria$676k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Explosive Ammunition BY Montenegro WERE (2021 - 2022):
Serbia-$1.44M (-100%)
Ukraine-$750k (-100%)
India-$231k (-75.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Explosive Ammunition were:
In 2022, Montenegro's main importing competitors in Explosive Ammunition were:

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Trade Value of Explosive Ammunition by Exporters

Potential Exports

Potential Exports

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

See methodology.

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