2023
Exports
$5.3MWorld Rnk 65 / 176
Flag Rnk 22 / 799
2023
PRODUCT COMPLEXITY IN Recreational Boats
0.24Rnk 483 / 1025
2023
Imports
$24.6MWorld Rnk 58 / 219
Flag Rnk 39 / 1123

About

Exports In 2023, Montenegro exported $5.3M in Recreational Boats, making it the 65th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 22nd most exported product in Montenegro. The main destination of Recreational Boats exports from Montenegro are: Italy ($4.07M), Croatia ($676k), Serbia ($200k), Turkey ($130k), and Slovenia ($105k).

The fastest growing export markets for Recreational Boats of Montenegro between 2022 and 2023 were Italy ($2.05M), Serbia ($200k), and Slovenia ($75.7k).

Imports In 2023, Montenegro imported $24.6M in Recreational Boats, becoming the 58th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 39th most imported product in Montenegro. Montenegro imports Recreational Boats primarily from: Italy ($7.47M), Croatia ($3.23M), France ($2.64M), Slovenia ($1.96M), and Netherlands ($1.31M).

The fastest growing import markets in Recreational Boats for Montenegro between 2022 and 2023 were Italy ($4.32M), France ($1.29M), and Netherlands ($1.28M).

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 Recreational Boats. 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)$5.3M
IMPORTS (2023)$24.6M
NET TRADE (2023)-$19.3M

In 2023, Montenegro exported $5.3M in Recreational Boats. The main destinations of Montenegro exports on Recreational Boats were Italy ($4.07M), Croatia ($676k), Serbia ($200k), Turkey ($130k), and Slovenia ($105k).

In 2023, Montenegro imported $24.6M in Recreational Boats, mainly from Italy ($7.47M), Croatia ($3.23M), France ($2.64M), Slovenia ($1.96M), and Netherlands ($1.31M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Italy$2.05M (101%)
Serbia$200k (1%)
Slovenia$75.7k (259%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Montenegro WERE (2022 - 2023):
Cayman Islands-$1.55M (-100%)
Spain-$306k (-100%)
Malta-$126k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Recreational Boats were:
In 2023, Montenegro's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

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

See methodology.

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