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2022
Exports $59.5kWorld Rnk 100 / 188
Flag Rnk 310 / 849
2022
Destination $13.7k Serbia
2021 - 2022
FASTEST GROWING MARKET $13.7kFrance
2022
PRODUCT COMPLEXITY IN Hand-Woven Rugs-0.91Rnk 811 / 1025
2022
Imports $2.34MWorld Rnk 117 / 217
Flag Rnk 283 / 1117
2022
Origin $525k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $525kTurkey

About

Exports In 2022, Montenegro exported $59.5k in Hand-Woven Rugs, making it the 100th largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 310th most exported product in Montenegro. The main destination of Hand-Woven Rugs exports from Montenegro are: Serbia ($22.1k), France ($13.7k), Canada ($7.29k), Bosnia and Herzegovina ($4.32k), and South Africa ($3.98k).

The fastest growing export markets for Hand-Woven Rugs of Montenegro between 2021 and 2022 were France ($13.7k), Canada ($7.29k), and Bosnia and Herzegovina ($4.32k).

Imports In 2022, Montenegro imported $2.34M in Hand-Woven Rugs, becoming the 117th largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 283rd most imported product in Montenegro. Montenegro imports Hand-Woven Rugs primarily from: Turkey ($1.09M), Serbia ($496k), Belgium ($162k), India ($134k), and Germany ($97.9k).

The fastest growing import markets in Hand-Woven Rugs for Montenegro between 2021 and 2022 were Turkey ($525k), Belgium ($75.4k), and India ($69.4k).

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 Hand-Woven Rugs. 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)$59.5k
IMPORTS (2022)$2.34M
NET TRADE (2022)-$2.28M

In 2022, Montenegro exported $59.5k in Hand-Woven Rugs. The main destinations of Montenegro exports on Hand-Woven Rugs were Serbia ($22.1k), France ($13.7k), Canada ($7.29k), Bosnia and Herzegovina ($4.32k), and South Africa ($3.98k).

In 2022, Montenegro imported $2.34M in Hand-Woven Rugs, mainly from Turkey ($1.09M), Serbia ($496k), Belgium ($162k), India ($134k), and Germany ($97.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
France$13.7k (1%)
Canada$7.29k (1%)
Bosnia and Herzegovina$4.32k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY Montenegro WERE (2021 - 2022):
Germany-$17.3k (-100%)
Hungary-$2.78k (-56.2%)
Serbia-$1.83k (-7.65%)
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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 Hand-Woven Rugs were:
Turkey $2.34B
India $785M
China $584M
In 2022, Montenegro's main importing competitors in Hand-Woven Rugs were:
United States $1.61B
Germany $392M
Saudi Arabia $218M

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

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N/A
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Hand-Woven Rugs’s highest export potential is N/A. With an export gap of N/A.   Hand-Woven Rugs’s highest import potential is N/A with an import gap of N/A.

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