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Exports In 2023, Montenegro exported $13.4M in Wine, making it the 51st largest exporter of Wine in the world. At the same year, Wine was the 12th most exported product in Montenegro. The main destination of Wine exports from Montenegro are: Serbia ($8.07M), Bosnia and Herzegovina ($2.9M), China ($557k), Croatia ($506k), and Albania ($305k).

The fastest growing export markets for Wine of Montenegro between 2022 and 2023 were Serbia ($976k), Bosnia and Herzegovina ($267k), and Croatia ($265k).

Imports In 2023, Montenegro imported $13.6M in Wine, becoming the 95th largest importer of Wine in the world. At the same year, Wine was the 76th most imported product in Montenegro. Montenegro imports Wine primarily from: Italy ($3.72M), Serbia ($2.77M), France ($2.55M), Croatia ($1.66M), and North Macedonia ($1.57M).

The fastest growing import markets in Wine for Montenegro between 2022 and 2023 were Italy ($1.35M), Croatia ($338k), and Serbia ($271k).

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 Wine. 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)$13.4M
IMPORTS (2023)$13.6M
NET TRADE (2023)-$122k

In 2023, Montenegro exported $13.4M in Wine. The main destinations of Montenegro exports on Wine were Serbia ($8.07M), Bosnia and Herzegovina ($2.9M), China ($557k), Croatia ($506k), and Albania ($305k).

In 2023, Montenegro imported $13.6M in Wine, mainly from Italy ($3.72M), Serbia ($2.77M), France ($2.55M), Croatia ($1.66M), and North Macedonia ($1.57M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Montenegro WERE (2022 - 2023):
Serbia$976k (13.8%)
Croatia$265k (110%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Montenegro WERE (2022 - 2023):
China-$320k (-36.5%)
Germany-$198k (-56.7%)
United States-$77.2k (-30.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Montenegro's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Montenegro's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

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

See methodology.

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