2022
Exports
$266kWorld Rnk 145 / 224
Flag Rnk 162 / 849
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$16.2MWorld Rnk 141 / 225
Flag Rnk 64 / 1117

About

Exports In 2022, Montenegro exported $266k in Medical Instruments, making it the 145th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 162nd most exported product in Montenegro. The main destination of Medical Instruments exports from Montenegro are: Serbia ($96k), Netherlands ($45.7k), Poland ($28.8k), Bosnia and Herzegovina ($22k), and Italy ($18.4k).

The fastest growing export markets for Medical Instruments of Montenegro between 2021 and 2022 were Serbia ($88.7k), Netherlands ($35.1k), and Poland ($25.3k).

Imports In 2022, Montenegro imported $16.2M in Medical Instruments, becoming the 141st largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 64th most imported product in Montenegro. Montenegro imports Medical Instruments primarily from: Serbia ($4.31M), United States ($2.11M), Germany ($1.53M), China ($1.18M), and Netherlands ($890k).

The fastest growing import markets in Medical Instruments for Montenegro between 2021 and 2022 were United States ($1.06M), Serbia ($801k), and Italy ($350k).

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 Medical Instruments. 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)$266k
IMPORTS (2022)$16.2M
NET TRADE (2022)-$16M

In 2022, Montenegro exported $266k in Medical Instruments. The main destinations of Montenegro exports on Medical Instruments were Serbia ($96k), Netherlands ($45.7k), Poland ($28.8k), Bosnia and Herzegovina ($22k), and Italy ($18.4k).

In 2022, Montenegro imported $16.2M in Medical Instruments, mainly from Serbia ($4.31M), United States ($2.11M), Germany ($1.53M), China ($1.18M), and Netherlands ($890k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$88.7k (1.21k%)
Netherlands$35.1k (330%)
Poland$25.3k (728%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Montenegro WERE (2021 - 2022):
United States-$327k (-100%)
Azerbaijan-$41.6k (-100%)
Germany-$18.3k (-86%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Medical Instruments were:
In 2022, Montenegro's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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