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Exports In 2023, Montenegro exported $6.11M in Jewellery, making it the 77th largest exporter of Jewellery in the world. At the same year, Jewellery was the 19th most exported product in Montenegro. The main destination of Jewellery exports from Montenegro are: Turkey ($3.93M), Germany ($2.01M), Hong Kong ($65.8k), China ($65.3k), and Czechia ($19.9k).

The fastest growing export markets for Jewellery of Montenegro between 2022 and 2023 were Germany ($1.29M), Turkey ($325k), and Switzerland ($11.7k).

Imports In 2023, Montenegro imported $16.8M in Jewellery, becoming the 101st largest importer of Jewellery in the world. At the same year, Jewellery was the 65th most imported product in Montenegro. Montenegro imports Jewellery primarily from: Turkey ($12M), Italy ($2.17M), Thailand ($838k), Ireland ($695k), and Serbia ($384k).

The fastest growing import markets in Jewellery for Montenegro between 2022 and 2023 were Turkey ($6.63M), Italy ($689k), and Thailand ($244k).

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 Jewellery. 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)$6.11M
IMPORTS (2023)$16.8M
NET TRADE (2023)-$10.7M

In 2023, Montenegro exported $6.11M in Jewellery. The main destinations of Montenegro exports on Jewellery were Turkey ($3.93M), Germany ($2.01M), Hong Kong ($65.8k), China ($65.3k), and Czechia ($19.9k).

In 2023, Montenegro imported $16.8M in Jewellery, mainly from Turkey ($12M), Italy ($2.17M), Thailand ($838k), Ireland ($695k), and Serbia ($384k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Germany$1.29M (180%)
Turkey$325k (9.03%)
Switzerland$11.7k (3.59k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Montenegro WERE (2022 - 2023):
Czechia-$373k (-94.9%)
Hong Kong-$86.2k (-56.7%)
France-$45.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Montenegro's main exporting competitors in Jewellery were:
India $13.1B
Italy $12.4B
China $11.6B
In 2023, Montenegro's main importing competitors in Jewellery were:

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

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

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