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Exports In 2022, Montenegro exported $54.7k in Other Vegetable Oils, making it the 116th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 321st most exported product in Montenegro. The main destination of Other Vegetable Oils exports from Montenegro are: Serbia ($53k), Bosnia and Herzegovina ($1.67k), and Netherlands ($18).

The fastest growing export markets for Other Vegetable Oils of Montenegro between 2021 and 2022 were Serbia ($41.3k) and Netherlands ($18).

Imports In 2022, Montenegro imported $191k in Other Vegetable Oils, becoming the 164th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 652nd most imported product in Montenegro. Montenegro imports Other Vegetable Oils primarily from: Serbia ($99.3k), Indonesia ($47.1k), Germany ($27.6k), Croatia ($8.76k), and Turkey ($6.1k).

The fastest growing import markets in Other Vegetable Oils for Montenegro between 2021 and 2022 were Bosnia and Herzegovina ($1.97k), Slovenia ($213), and China ($131).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Other Vegetable Oils. 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)$54.7k
IMPORTS (2022)$191k
NET TRADE (2022)-$137k

In 2022, Montenegro exported $54.7k in Other Vegetable Oils. The main destinations of Montenegro exports on Other Vegetable Oils were Serbia ($53k), Bosnia and Herzegovina ($1.67k), and Netherlands ($18).

In 2022, Montenegro imported $191k in Other Vegetable Oils, mainly from Serbia ($99.3k), Indonesia ($47.1k), Germany ($27.6k), Croatia ($8.76k), and Turkey ($6.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$41.3k (353%)
Netherlands$18 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Montenegro WERE (2021 - 2022):
Germany-$1.19k (-100%)
Bosnia and Herzegovina-$1.18k (-41.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Montenegro's main exporting competitors in Other Vegetable Oils were:
In 2022, Montenegro's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

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

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