2022
Exports
$17kWorld Rnk 141 / 196
Flag Rnk 458 / 849
2022
PRODUCT COMPLEXITY IN Stranded Iron Wire
0.15Rnk 505 / 1025
2022
Imports
$5.54MWorld Rnk 103 / 222
Flag Rnk 154 / 1117

About

Exports In 2022, Montenegro exported $17k in Stranded Iron Wire, making it the 141st largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 458th most exported product in Montenegro. The main destination of Stranded Iron Wire exports from Montenegro are: Serbia ($13.4k), Germany ($2.41k), United Kingdom ($922), North Macedonia ($196), and New Zealand ($48).

The fastest growing export markets for Stranded Iron Wire of Montenegro between 2021 and 2022 were Serbia ($7.33k), Germany ($2.24k), and New Zealand ($48).

Imports In 2022, Montenegro imported $5.54M in Stranded Iron Wire, becoming the 103rd largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 154th most imported product in Montenegro. Montenegro imports Stranded Iron Wire primarily from: China ($4.93M), Bosnia and Herzegovina ($149k), Turkey ($107k), Serbia ($92.1k), and Croatia ($89.7k).

The fastest growing import markets in Stranded Iron Wire for Montenegro between 2021 and 2022 were Turkey ($47.6k), Austria ($26.7k), and Croatia ($21.8k).

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 Stranded Iron Wire. 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)$17k
IMPORTS (2022)$5.54M
NET TRADE (2022)-$5.52M

In 2022, Montenegro exported $17k in Stranded Iron Wire. The main destinations of Montenegro exports on Stranded Iron Wire were Serbia ($13.4k), Germany ($2.41k), United Kingdom ($922), North Macedonia ($196), and New Zealand ($48).

In 2022, Montenegro imported $5.54M in Stranded Iron Wire, mainly from China ($4.93M), Bosnia and Herzegovina ($149k), Turkey ($107k), Serbia ($92.1k), and Croatia ($89.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$7.33k (120%)
Germany$2.24k (1.26k%)
New Zealand$48 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY Montenegro WERE (2021 - 2022):
United Kingdom-$7.97k (-89.6%)
North Macedonia-$1.12k (-85.1%)
Croatia-$184 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Stranded Iron Wire were:
In 2022, Montenegro's main importing competitors in Stranded Iron Wire were:

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Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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