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2023
Exports $42.2kWorld Rnk 119 / 177
Flag Rnk 330 / 799
2023
Destination $2.54k Serbia
2022 - 2023
FASTEST GROWING MARKET $2.54kBulgaria
2023
PRODUCT COMPLEXITY IN Iron Cloth0.0073Rnk 555 / 1025
2023
Imports $15.1MWorld Rnk 58 / 224
Flag Rnk 70 / 1123
2023
Origin $1.12M Bosnia and Herzegovina
2022 - 2023
FASTEST GROWING ORIGIN $1.12MSerbia

About

Exports In 2023, Montenegro exported $42.2k in Iron Cloth, making it the 119th largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 330th most exported product in Montenegro. The main destination of Iron Cloth exports from Montenegro are: Serbia ($31.8k), Bosnia and Herzegovina ($6.53k), Bulgaria ($2.54k), and Croatia ($1.32k).

The fastest growing export markets for Iron Cloth of Montenegro between 2022 and 2023 were Bulgaria ($2.54k) and Croatia ($1.32k).

Imports In 2023, Montenegro imported $15.1M in Iron Cloth, becoming the 58th largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 70th most imported product in Montenegro. Montenegro imports Iron Cloth primarily from: Bosnia and Herzegovina ($9.62M), Serbia ($4.17M), Italy ($410k), Turkey ($315k), and North Macedonia ($148k).

The fastest growing import markets in Iron Cloth for Montenegro between 2022 and 2023 were Serbia ($1.12M), Italy ($383k), and United States ($92.6k).

Latest Trends

Jan 2025

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 Iron Cloth. 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 (2023)$42.2k
IMPORTS (2023)$15.1M
NET TRADE (2023)-$15.1M

In 2023, Montenegro exported $42.2k in Iron Cloth. The main destinations of Montenegro exports on Iron Cloth were Serbia ($31.8k), Bosnia and Herzegovina ($6.53k), Bulgaria ($2.54k), and Croatia ($1.32k).

In 2023, Montenegro imported $15.1M in Iron Cloth, mainly from Bosnia and Herzegovina ($9.62M), Serbia ($4.17M), Italy ($410k), Turkey ($315k), and North Macedonia ($148k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Cloth EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Bulgaria$2.54k (1%)
Croatia$1.32k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Cloth BY Montenegro WERE (2022 - 2023):
Bosnia and Herzegovina-$861k (-99.2%)
North Macedonia-$573 (-100%)
Serbia-$277 (-0.86%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Iron Cloth were:
China $1.49B
Germany $596M
Italy $505M
In 2023, Montenegro's main importing competitors in Iron Cloth were:
France $622M
United States $608M
Germany $447M

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Trade Value of Iron Cloth by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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