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Exports In 2023, Montenegro exported $4.42M in Scrap Aluminium, making it the 111th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 25th most exported product in Montenegro. The main destination of Scrap Aluminium exports from Montenegro are: Albania ($1.82M), Turkey ($1.21M), Slovenia ($559k), Hungary ($256k), and Croatia ($220k).

The fastest growing export markets for Scrap Aluminium of Montenegro between 2022 and 2023 were Hungary ($256k), Croatia ($177k), and Switzerland ($55.4k).

Imports In 2023, Montenegro imported $2.13M in Scrap Aluminium, becoming the 69th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 310th most imported product in Montenegro. Montenegro imports Scrap Aluminium primarily from: Bosnia and Herzegovina ($1.42M), Croatia ($657k), Switzerland ($55.5k), and Serbia ($245).

The fastest growing import markets in Scrap Aluminium for Montenegro between 2022 and 2023 were Bosnia and Herzegovina ($849k), Switzerland ($55.5k), and Serbia ($166).

Latest Trends

Dec 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 Scrap Aluminium. 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)$4.42M
IMPORTS (2023)$2.13M
NET TRADE (2023)$2.29M

In 2023, Montenegro exported $4.42M in Scrap Aluminium. The main destinations of Montenegro exports on Scrap Aluminium were Albania ($1.82M), Turkey ($1.21M), Slovenia ($559k), Hungary ($256k), and Croatia ($220k).

In 2023, Montenegro imported $2.13M in Scrap Aluminium, mainly from Bosnia and Herzegovina ($1.42M), Croatia ($657k), Switzerland ($55.5k), and Serbia ($245).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Hungary$256k (1%)
Croatia$177k (407%)
Switzerland$55.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Montenegro WERE (2022 - 2023):
Turkey-$811k (-40.1%)
Slovenia-$469k (-45.6%)
Albania-$304k (-14.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Montenegro's main exporting competitors in Scrap Aluminium were:
In 2023, Montenegro's main importing competitors in Scrap Aluminium were:
India $3.57B
China $2.47B
Germany $1.68B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

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

See methodology.

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