2022
Exports
$32World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
Imports
$1.07MWorld Rnk 57 / 185
Flag Rnk 410 / 1123

About

Imports In 2023, Montenegro imported $1.07M in Olive Oil, becoming the 57th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 410th most imported product in Montenegro. Montenegro imports Olive Oil primarily from: Italy ($878k), Spain ($82.5k), Greece ($56k), North Macedonia ($54.4k), and Croatia ($2.09k).

The fastest growing import markets in Olive Oil for Montenegro between 2022 and 2023 were Spain ($77.1k), Greece ($56k), and North Macedonia ($54.4k).

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 Olive Oil. 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)$32
IMPORTS (2023)$1.07M
NET TRADE (2023)-$1.07M

In 2023, Montenegro imported $1.07M in Olive Oil, mainly from Italy ($878k), Spain ($82.5k), Greece ($56k), North Macedonia ($54.4k), and Croatia ($2.09k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Montenegro WERE (N/A - 2022):Netherlands-$32 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Olive Oil were:
Spain $320M
Italy $114M
In 2023, Montenegro's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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