2023
Exports
$4.04MWorld Rnk 67 / 208
Flag Rnk 28 / 799
2023
PRODUCT COMPLEXITY IN Semiconductor Devices
1.08Rnk 150 / 1025
2023
Imports
$10.2MWorld Rnk 125 / 223
Flag Rnk 106 / 1123

About

Exports In 2023, Montenegro exported $4.04M in Semiconductor Devices, making it the 67th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 28th most exported product in Montenegro. The main destination of Semiconductor Devices exports from Montenegro are: Serbia ($3.35M), Croatia ($369k), Netherlands ($117k), Bosnia and Herzegovina ($95.9k), and Germany ($81.5k).

The fastest growing export markets for Semiconductor Devices of Montenegro between 2022 and 2023 were Serbia ($3.33M), Croatia ($369k), and Netherlands ($117k).

Imports In 2023, Montenegro imported $10.2M in Semiconductor Devices, becoming the 125th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 106th most imported product in Montenegro. Montenegro imports Semiconductor Devices primarily from: China ($5.17M), Turkey ($3.15M), Switzerland ($530k), Germany ($433k), and Italy ($257k).

The fastest growing import markets in Semiconductor Devices for Montenegro between 2022 and 2023 were Turkey ($3.14M), Italy ($224k), and Croatia ($186k).

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 Semiconductor Devices. 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)$4.04M
IMPORTS (2023)$10.2M
NET TRADE (2023)-$6.16M

In 2023, Montenegro exported $4.04M in Semiconductor Devices. The main destinations of Montenegro exports on Semiconductor Devices were Serbia ($3.35M), Croatia ($369k), Netherlands ($117k), Bosnia and Herzegovina ($95.9k), and Germany ($81.5k).

In 2023, Montenegro imported $10.2M in Semiconductor Devices, mainly from China ($5.17M), Turkey ($3.15M), Switzerland ($530k), Germany ($433k), and Italy ($257k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Serbia$3.33M (22.8k%)
Croatia$369k (1%)
Netherlands$117k (105k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Montenegro WERE (2022 - 2023):
South Korea-$18.6k (-100%)
Ecuador-$9.93k (-100%)
United States-$4.75k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Semiconductor Devices were:
China $62.3B
Japan $9.09B
In 2023, Montenegro's main importing competitors in Semiconductor Devices were:

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Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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

See methodology.

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