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Exports In 2023, Montenegro exported $645k in Refrigerators, making it the 101st largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 98th most exported product in Montenegro. The main destination of Refrigerators exports from Montenegro are: Serbia ($307k), Czechia ($88.7k), Bosnia and Herzegovina ($86.5k), Croatia ($42.7k), and North Macedonia ($41.4k).

The fastest growing export markets for Refrigerators of Montenegro between 2022 and 2023 were Czechia ($88.7k), Croatia ($37.5k), and North Macedonia ($15.5k).

Imports In 2023, Montenegro imported $25.7M in Refrigerators, becoming the 124th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 38th most imported product in Montenegro. Montenegro imports Refrigerators primarily from: China ($4.42M), Turkey ($3.98M), Serbia ($3.82M), Italy ($3.19M), and Romania ($2.02M).

The fastest growing import markets in Refrigerators for Montenegro between 2022 and 2023 were China ($1.45M), Brazil ($762k), and Turkey ($665k).

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 Refrigerators. 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)$645k
IMPORTS (2023)$25.7M
NET TRADE (2023)-$25M

In 2023, Montenegro exported $645k in Refrigerators. The main destinations of Montenegro exports on Refrigerators were Serbia ($307k), Czechia ($88.7k), Bosnia and Herzegovina ($86.5k), Croatia ($42.7k), and North Macedonia ($41.4k).

In 2023, Montenegro imported $25.7M in Refrigerators, mainly from China ($4.42M), Turkey ($3.98M), Serbia ($3.82M), Italy ($3.19M), and Romania ($2.02M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Czechia$88.7k (1%)
Croatia$37.5k (714%)
North Macedonia$15.5k (60.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Montenegro WERE (2022 - 2023):
Serbia-$310k (-50.3%)
Bosnia and Herzegovina-$109k (-55.8%)
Latvia-$65.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Montenegro's main exporting competitors in Refrigerators were:
China $16.4B
Mexico $7.25B
Italy $4.25B
In 2023, Montenegro's main importing competitors in Refrigerators were:

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

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

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