2022
Exports
$109kWorld Rnk 96 / 174
Flag Rnk 238 / 849
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$3.25MWorld Rnk 113 / 218
Flag Rnk 229 / 1117

About

Exports In 2022, Montenegro exported $109k in Woodworking machines, making it the 96th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 238th most exported product in Montenegro. The main destination of Woodworking machines exports from Montenegro are: Serbia ($93.2k), Bosnia and Herzegovina ($14.3k), and Belgium ($1.16k).

The fastest growing export markets for Woodworking machines of Montenegro between 2021 and 2022 were Serbia ($68.7k) and Belgium ($1.16k).

Imports In 2022, Montenegro imported $3.25M in Woodworking machines, becoming the 113th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 229th most imported product in Montenegro. Montenegro imports Woodworking machines primarily from: Serbia ($1.06M), Turkey ($457k), Germany ($401k), Austria ($269k), and Italy ($226k).

The fastest growing import markets in Woodworking machines for Montenegro between 2021 and 2022 were Serbia ($482k), Turkey ($249k), and Germany ($193k).

Latest Trends

Jul 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 Woodworking machines. 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)$109k
IMPORTS (2022)$3.25M
NET TRADE (2022)-$3.14M

In 2022, Montenegro exported $109k in Woodworking machines. The main destinations of Montenegro exports on Woodworking machines were Serbia ($93.2k), Bosnia and Herzegovina ($14.3k), and Belgium ($1.16k).

In 2022, Montenegro imported $3.25M in Woodworking machines, mainly from Serbia ($1.06M), Turkey ($457k), Germany ($401k), Austria ($269k), and Italy ($226k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$68.7k (280%)
Belgium$1.16k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Montenegro WERE (2021 - 2022):
Italy-$17.2k (-100%)
India-$10.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, Montenegro's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

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

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

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