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Exports In 2022, Montenegro exported $2.16M in Hard Liquor, making it the 109th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 48th most exported product in Montenegro. The main destination of Hard Liquor exports from Montenegro are: Serbia ($945k), Croatia ($651k), United States ($381k), Germany ($86.6k), and Luxembourg ($20.4k).

The fastest growing export markets for Hard Liquor of Montenegro between 2021 and 2022 were Serbia ($544k), Croatia ($438k), and Luxembourg ($18k).

Imports In 2022, Montenegro imported $17.2M in Hard Liquor, becoming the 109th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 57th most imported product in Montenegro. Montenegro imports Hard Liquor primarily from: Serbia ($5.84M), United Kingdom ($3.13M), China ($1.79M), France ($730k), and Italy ($728k).

The fastest growing import markets in Hard Liquor for Montenegro between 2021 and 2022 were Serbia ($1.22M), France ($457k), and Romania ($345k).

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 Hard Liquor. 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)$2.16M
IMPORTS (2022)$17.2M
NET TRADE (2022)-$15M

In 2022, Montenegro exported $2.16M in Hard Liquor. The main destinations of Montenegro exports on Hard Liquor were Serbia ($945k), Croatia ($651k), United States ($381k), Germany ($86.6k), and Luxembourg ($20.4k).

In 2022, Montenegro imported $17.2M in Hard Liquor, mainly from Serbia ($5.84M), United Kingdom ($3.13M), China ($1.79M), France ($730k), and Italy ($728k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$544k (136%)
Croatia$438k (206%)
Luxembourg$18k (738%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Montenegro WERE (2021 - 2022):
Netherlands-$274k (-100%)
United States-$228k (-37.4%)
Cote d'Ivoire-$94.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Hard Liquor were:
In 2022, Montenegro's main importing competitors in Hard Liquor were:

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

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

See methodology.

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