2022
Exports
$425kWorld Rnk 130 / 226
Flag Rnk 131 / 849
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$3.09MWorld Rnk 142 / 225
Flag Rnk 234 / 1117

About

Exports In 2022, Montenegro exported $425k in Integrated Circuits, making it the 130th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 131st most exported product in Montenegro. The main destination of Integrated Circuits exports from Montenegro are: Czechia ($175k), United Kingdom ($66.4k), Germany ($43.7k), Netherlands ($43.6k), and Singapore ($27.3k).

The fastest growing export markets for Integrated Circuits of Montenegro between 2021 and 2022 were Czechia ($116k), United Kingdom ($66.4k), and Netherlands ($43.1k).

Imports In 2022, Montenegro imported $3.09M in Integrated Circuits, becoming the 142nd largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 234th most imported product in Montenegro. Montenegro imports Integrated Circuits primarily from: China ($787k), Germany ($429k), Hungary ($234k), Bosnia and Herzegovina ($146k), and Andorra ($132k).

The fastest growing import markets in Integrated Circuits for Montenegro between 2021 and 2022 were Germany ($275k), China ($155k), and Hungary ($99.8k).

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 Integrated Circuits. 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)$425k
IMPORTS (2022)$3.09M
NET TRADE (2022)-$2.66M

In 2022, Montenegro exported $425k in Integrated Circuits. The main destinations of Montenegro exports on Integrated Circuits were Czechia ($175k), United Kingdom ($66.4k), Germany ($43.7k), Netherlands ($43.6k), and Singapore ($27.3k).

In 2022, Montenegro imported $3.09M in Integrated Circuits, mainly from China ($787k), Germany ($429k), Hungary ($234k), Bosnia and Herzegovina ($146k), and Andorra ($132k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Czechia$116k (195%)
United Kingdom$66.4k (1%)
Netherlands$43.1k (7.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Montenegro WERE (2021 - 2022):
Chinese Taipei-$19.4k (-72.7%)
North Macedonia-$10.8k (-49.1%)
China-$5.5k (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Integrated Circuits were:
In 2022, Montenegro's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

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

See methodology.

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