2022
Exports
$505kWorld Rnk 124 / 225
Flag Rnk 119 / 849
2022
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment
0.56Rnk 342 / 1025
2022
Imports
$14.8MWorld Rnk 133 / 226
Flag Rnk 71 / 1117

About

Exports In 2022, Montenegro exported $505k in Low-voltage Protection Equipment, making it the 124th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 119th most exported product in Montenegro. The main destination of Low-voltage Protection Equipment exports from Montenegro are: France ($176k), South Korea ($51k), Germany ($50.9k), United States ($50.7k), and United Kingdom ($26.2k).

The fastest growing export markets for Low-voltage Protection Equipment of Montenegro between 2021 and 2022 were France ($176k), South Korea ($48k), and Germany ($40.9k).

Imports In 2022, Montenegro imported $14.8M in Low-voltage Protection Equipment, becoming the 133rd largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 71st most imported product in Montenegro. Montenegro imports Low-voltage Protection Equipment primarily from: Serbia ($6.61M), Bosnia and Herzegovina ($1.16M), United States ($1.12M), China ($988k), and France ($615k).

The fastest growing import markets in Low-voltage Protection Equipment for Montenegro between 2021 and 2022 were Serbia ($2.43M), United States ($1.1M), and France ($435k).

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 Low-voltage Protection Equipment. 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)$505k
IMPORTS (2022)$14.8M
NET TRADE (2022)-$14.3M

In 2022, Montenegro exported $505k in Low-voltage Protection Equipment. The main destinations of Montenegro exports on Low-voltage Protection Equipment were France ($176k), South Korea ($51k), Germany ($50.9k), United States ($50.7k), and United Kingdom ($26.2k).

In 2022, Montenegro imported $14.8M in Low-voltage Protection Equipment, mainly from Serbia ($6.61M), Bosnia and Herzegovina ($1.16M), United States ($1.12M), China ($988k), and France ($615k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
France$176k (799k%)
South Korea$48k (1.56k%)
Germany$40.9k (405%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY Montenegro WERE (2021 - 2022):
United States-$107k (-67.9%)
Serbia-$32.9k (-70.2%)
Czechia-$22.5k (-72.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Low-voltage Protection Equipment were:
In 2022, Montenegro's main importing competitors in Low-voltage Protection Equipment were:

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Trade Value of Low-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

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N/A
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Low-voltage Protection Equipment’s highest export potential is N/A. With an export gap of N/A.   Low-voltage Protection Equipment’s highest import potential is N/A with an import gap of N/A.

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