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Exports In 2022, Montenegro exported $8.7M in Scrap Iron, making it the 119th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 17th most exported product in Montenegro. The main destination of Scrap Iron exports from Montenegro are: Turkey ($7.74M), Italy ($523k), Slovenia ($144k), Germany ($122k), and India ($71.7k).

The fastest growing export markets for Scrap Iron of Montenegro between 2021 and 2022 were India ($71.7k), Serbia ($19.5k), and Netherlands ($9.29k).

Imports In 2022, Montenegro imported $35.7k in Scrap Iron, becoming the 149th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 843rd most imported product in Montenegro. Montenegro imports Scrap Iron primarily from: Bosnia and Herzegovina ($30.8k) and Switzerland ($4.9k).

The fastest growing import markets in Scrap Iron for Montenegro between 2021 and 2022 were Switzerland ($4.9k).

Latest Trends

Nov 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 Iron. 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)$8.7M
IMPORTS (2022)$35.7k
NET TRADE (2022)$8.66M

In 2022, Montenegro exported $8.7M in Scrap Iron. The main destinations of Montenegro exports on Scrap Iron were Turkey ($7.74M), Italy ($523k), Slovenia ($144k), Germany ($122k), and India ($71.7k).

In 2022, Montenegro imported $35.7k in Scrap Iron, mainly from Bosnia and Herzegovina ($30.8k) and Switzerland ($4.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
India$71.7k (1%)
Serbia$19.5k (1%)
Netherlands$9.29k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Montenegro WERE (2021 - 2022):
Turkey-$14.8M (-65.7%)
Albania-$1.23M (-94.9%)
Greece-$1.08M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Montenegro's main exporting competitors in Scrap Iron were:
In 2022, Montenegro's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

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

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