2022
Exports
$18.3kWorld Rnk 125 / 151
Flag Rnk 449 / 849
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.41Rnk 402 / 1025
2022
Imports
$2.33MWorld Rnk 157 / 214
Flag Rnk 284 / 1117

About

Exports In 2022, Montenegro exported $18.3k in Hot-Rolled Iron, making it the 125th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 449th most exported product in Montenegro. The main destination of Hot-Rolled Iron exports from Montenegro are: Germany ($9.53k), Turkey ($6.2k), and Serbia ($2.54k).

The fastest growing export markets for Hot-Rolled Iron of Montenegro between 2021 and 2022 were Turkey ($6.2k) and Serbia ($2.54k).

Imports In 2022, Montenegro imported $2.33M in Hot-Rolled Iron, becoming the 157th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 284th most imported product in Montenegro. Montenegro imports Hot-Rolled Iron primarily from: Serbia ($1.9M), Romania ($88.6k), North Macedonia ($73.6k), Italy ($69.9k), and Bosnia and Herzegovina ($56.3k).

The fastest growing import markets in Hot-Rolled Iron for Montenegro between 2021 and 2022 were Serbia ($344k), Italy ($55.5k), and Poland ($14.1k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Hot-Rolled Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$18.3k
IMPORTS (2022)$2.33M
NET TRADE (2022)-$2.31M

In 2022, Montenegro exported $18.3k in Hot-Rolled Iron. The main destinations of Montenegro exports on Hot-Rolled Iron were Germany ($9.53k), Turkey ($6.2k), and Serbia ($2.54k).

In 2022, Montenegro imported $2.33M in Hot-Rolled Iron, mainly from Serbia ($1.9M), Romania ($88.6k), North Macedonia ($73.6k), Italy ($69.9k), and Bosnia and Herzegovina ($56.3k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Turkey$6.2k (1%)
Serbia$2.54k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Montenegro WERE (2021 - 2022):
Germany-$495 (-4.94%)
Italy-$30 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Montenegro's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
In 2022, Montenegro's main importing competitors in Hot-Rolled Iron were:

Explore Visualizations

Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Hot-Rolled Iron’s highest export potential is N/A. With an export gap of N/A.   Hot-Rolled Iron’s highest import potential is N/A with an import gap of N/A.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with