2023
Exports
$103kWorld Rnk 155 / 218
Flag Rnk 70 / 94
2023
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.13Rnk 132 / 1025
2023
Imports
$45.1MWorld Rnk 115 / 226
Flag Rnk 28 / 96

About

Exports In 2023, Montenegro exported $103k in Paints, dyes, & varnishes, making it the 155th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 70th most exported product in Montenegro. The main destination of Paints, dyes, & varnishes exports from Montenegro are: Serbia ($65.1k), Slovenia ($11.1k), North Macedonia ($8.3k), Croatia ($5.35k), and Turkey ($4.78k).

The fastest growing export markets for Paints, dyes, & varnishes of Montenegro between 2022 and 2023 were Slovenia ($10.9k), North Macedonia ($8.3k), and Croatia ($5.35k).

Imports In 2023, Montenegro imported $45.1M in Paints, dyes, & varnishes, becoming the 115th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 28th most imported product in Montenegro. Montenegro imports Paints, dyes, & varnishes primarily from: Serbia ($23.8M), Bosnia and Herzegovina ($3.27M), Germany ($2.61M), China ($2.23M), and Slovenia ($2.11M).

The fastest growing import markets in Paints, dyes, & varnishes for Montenegro between 2022 and 2023 were Serbia ($4.41M), China ($1.01M), and Bosnia and Herzegovina ($698k).

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 Paints, dyes, & varnishes. 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)$103k
IMPORTS (2023)$45.1M
NET TRADE (2023)-$45M

In 2023, Montenegro exported $103k in Paints, dyes, & varnishes. The main destinations of Montenegro exports on Paints, dyes, & varnishes were Serbia ($65.1k), Slovenia ($11.1k), North Macedonia ($8.3k), Croatia ($5.35k), and Turkey ($4.78k).

In 2023, Montenegro imported $45.1M in Paints, dyes, & varnishes, mainly from Serbia ($23.8M), Bosnia and Herzegovina ($3.27M), Germany ($2.61M), China ($2.23M), and Slovenia ($2.11M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Slovenia$10.9k (6.52k%)
North Macedonia$8.3k (1%)
Croatia$5.35k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Montenegro WERE (2022 - 2023):
Pakistan-$96.8k (-100%)
Australia-$30.8k (-100%)
Albania-$27.8k (-98.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Paints, dyes, & varnishes were:
In 2023, Montenegro's main importing competitors in Paints, dyes, & varnishes were:

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Paints, dyes, & varnishes’s highest export potential is N/A. With an export gap of N/A.   Paints, dyes, & varnishes’s highest import potential is N/A with an import gap of N/A.

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