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Exports In 2022, Montenegro exported $282 in Silicone, making it the 140th largest exporter of Silicone in the world. At the same year, Silicone was the 742nd most exported product in Montenegro. The main destination of Silicone exports from Montenegro are: Albania ($126), Liberia ($88), Serbia ($43), Netherlands ($21), and Germany ($4).

The fastest growing export markets for Silicone of Montenegro between 2021 and 2022 were Albania ($126), Liberia ($88), and Netherlands ($21).

Imports In 2022, Montenegro imported $103k in Silicone, becoming the 157th largest importer of Silicone in the world. At the same year, Silicone was the 749th most imported product in Montenegro. Montenegro imports Silicone primarily from: China ($31.6k), Germany ($19.9k), Serbia ($16.9k), Bosnia and Herzegovina ($10.2k), and Turkey ($7.14k).

The fastest growing import markets in Silicone for Montenegro between 2021 and 2022 were China ($25.3k), Germany ($9.11k), and Serbia ($3.97k).

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 Silicone. 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)$282
IMPORTS (2022)$103k
NET TRADE (2022)-$102k

In 2022, Montenegro exported $282 in Silicone. The main destinations of Montenegro exports on Silicone were Albania ($126), Liberia ($88), Serbia ($43), Netherlands ($21), and Germany ($4).

In 2022, Montenegro imported $103k in Silicone, mainly from China ($31.6k), Germany ($19.9k), Serbia ($16.9k), Bosnia and Herzegovina ($10.2k), and Turkey ($7.14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Albania$126 (1%)
Liberia$88 (1%)
Netherlands$21 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Montenegro WERE (2021 - 2022):
United States-$513 (-100%)
Serbia-$229 (-84.2%)
Italy-$14 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Silicone were:
In 2022, Montenegro's main importing competitors in Silicone were:

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

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

See methodology.

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