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Exports In 2022, Montenegro exported $948k in Thermostats, making it the 88th largest exporter of Thermostats in the world. At the same year, Thermostats was the 86th most exported product in Montenegro. The main destination of Thermostats exports from Montenegro are: United Kingdom ($769k), Albania ($68k), Italy ($49.3k), Croatia ($12k), and Cayman Islands ($11.8k).

The fastest growing export markets for Thermostats of Montenegro between 2021 and 2022 were United Kingdom ($768k), Albania ($67k), and Italy ($48.9k).

Imports In 2018, Montenegro imported $2.18M in Thermostats, becoming the 141st largest importer of Thermostats in the world. At the same year, Thermostats was the 292nd most imported product in Montenegro. Montenegro imports Thermostats primarily from: Serbia ($563k), Croatia ($368k), China ($291k), France ($184k), and Germany ($126k).

The fastest growing import markets in Thermostats for Montenegro between 2021 and 2022 were France ($129k), Croatia ($100k), and Germany ($56.9k).

Latest Trends

Sep 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 Thermostats. 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)$948k
IMPORTS (2022)$2.18M
NET TRADE (2022)-$1.24M

In 2022, Montenegro exported $948k in Thermostats. The main destinations of Montenegro exports on Thermostats were United Kingdom ($769k), Albania ($68k), Italy ($49.3k), Croatia ($12k), and Cayman Islands ($11.8k).

In 2022, Montenegro imported $2.18M in Thermostats, mainly from Serbia ($563k), Croatia ($368k), China ($291k), France ($184k), and Germany ($126k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
United Kingdom$768k (285k%)
Albania$67k (6.44k%)
Italy$48.9k (11.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Montenegro WERE (2021 - 2022):
Serbia-$84.1k (-97.7%)
United States-$72.5k (-87.6%)
Belgium-$938 (-64.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Montenegro's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

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

See methodology.

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