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2022
Exports $40.3kWorld Rnk 123 / 149
Flag Rnk 359 / 849
2022
Destination $40.3k Serbia
2022
PRODUCT COMPLEXITY IN Palm Oil-2.31Rnk 1012 / 1025
2022
Imports $1.17MWorld Rnk 170 / 208
Flag Rnk 371 / 1117
2022
Origin $251k Malaysia

About

Exports In 2022, Montenegro exported $40.3k in Palm Oil, making it the 123rd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 359th most exported product in Montenegro. The main destination of Palm Oil exports from Montenegro are: Serbia ($40.3k) and Netherlands ($31).

The fastest growing export markets for Palm Oil of Montenegro between N/A and 2022 were Serbia ($40.3k) and Netherlands ($31).

Imports In 2022, Montenegro imported $1.17M in Palm Oil, becoming the 170th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 371st most imported product in Montenegro. Montenegro imports Palm Oil primarily from: Malaysia ($571k), Serbia ($192k), Indonesia ($164k), Bosnia and Herzegovina ($87.1k), and Brazil ($59.1k).

The fastest growing import markets in Palm Oil for Montenegro between 2021 and 2022 were Malaysia ($251k), Serbia ($92.9k), and Bosnia and Herzegovina ($87.1k).

Latest Trends

Oct 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 Palm 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)$40.3k
IMPORTS (2022)$1.17M
NET TRADE (2022)-$1.13M

In 2022, Montenegro exported $40.3k in Palm Oil. The main destinations of Montenegro exports on Palm Oil were Serbia ($40.3k) and Netherlands ($31).

In 2022, Montenegro imported $1.17M in Palm Oil, mainly from Malaysia ($571k), Serbia ($192k), Indonesia ($164k), Bosnia and Herzegovina ($87.1k), and Brazil ($59.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Montenegro WERE (N/A - 2022):
Serbia$40.3k (1%)
Netherlands$31 (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Palm Oil were:
Indonesia $28.7B
Malaysia $17.7B
Thailand $1.31B
In 2022, Montenegro's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B
Pakistan $3.8B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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