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Exports In 2022, Montenegro exported $4.76M in Recreational Boats, making it the 63rd largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 24th most exported product in Montenegro. The main destination of Recreational Boats exports from Montenegro are: Italy ($2.02M), Cayman Islands ($1.55M), Croatia ($626k), Spain ($306k), and Malta ($126k).

The fastest growing export markets for Recreational Boats of Montenegro between 2021 and 2022 were Italy ($1.92M), Cayman Islands ($1.55M), and Spain ($306k).

Imports In 2022, Montenegro imported $50.9M in Recreational Boats, becoming the 44th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 7th most imported product in Montenegro. Montenegro imports Recreational Boats primarily from: Italy ($18.7M), Croatia ($14.3M), France ($8.69M), Cayman Islands ($1.55M), and Germany ($1.29M).

The fastest growing import markets in Recreational Boats for Montenegro between 2021 and 2022 were Cayman Islands ($1.55M), Germany ($1.07M), and France ($612k).

Latest Trends

Oct 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 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

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EXPORTS (2022)$4.76M
IMPORTS (2022)$50.9M
NET TRADE (2022)-$46.1M

In 2022, Montenegro exported $4.76M in Recreational Boats. The main destinations of Montenegro exports on Recreational Boats were Italy ($2.02M), Cayman Islands ($1.55M), Croatia ($626k), Spain ($306k), and Malta ($126k).

In 2022, Montenegro imported $50.9M in Recreational Boats, mainly from Italy ($18.7M), Croatia ($14.3M), France ($8.69M), Cayman Islands ($1.55M), and Germany ($1.29M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Italy$1.92M (1.81k%)
Cayman Islands$1.55M (1%)
Spain$306k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Montenegro WERE (2021 - 2022):
Norway-$516k (-100%)
Germany-$320k (-100%)
Slovenia-$252k (-89.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Montenegro's main exporting competitors in Recreational Boats were:
In 2022, 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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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.

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