2022
Exports
$1.17MWorld Rnk 109 / 224
Flag Rnk 40 / 95
2022
PRODUCT COMPLEXITY IN Leather articles
-0.063Rnk 569 / 1025
2022
Imports
$15.1MWorld Rnk 132 / 225
Flag Rnk 52 / 96

About

Exports In 2022, Montenegro exported $1.17M in Leather articles, making it the 109th largest exporter of Leather articles in the world. At the same year, Leather articles was the 40th most exported product in Montenegro. The main destination of Leather articles exports from Montenegro are: France ($437k), Turkey ($408k), Serbia ($83.3k), United States ($56.8k), and Slovenia ($35.3k).

The fastest growing export markets for Leather articles of Montenegro between 2021 and 2022 were Turkey ($407k), Serbia ($56.5k), and United States ($31.3k).

Imports In 2022, Montenegro imported $15.1M in Leather articles, becoming the 132nd largest importer of Leather articles in the world. At the same year, Leather articles was the 52nd most imported product in Montenegro. Montenegro imports Leather articles primarily from: China ($4.17M), Italy ($2.93M), Serbia ($2.53M), Turkey ($879k), and France ($793k).

The fastest growing import markets in Leather articles for Montenegro between 2021 and 2022 were China ($928k), Italy ($816k), and Serbia ($706k).

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 Leather articles. 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)$1.17M
IMPORTS (2022)$15.1M
NET TRADE (2022)-$14M

In 2022, Montenegro exported $1.17M in Leather articles. The main destinations of Montenegro exports on Leather articles were France ($437k), Turkey ($408k), Serbia ($83.3k), United States ($56.8k), and Slovenia ($35.3k).

In 2022, Montenegro imported $15.1M in Leather articles, mainly from China ($4.17M), Italy ($2.93M), Serbia ($2.53M), Turkey ($879k), and France ($793k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Turkey$407k (33.2k%)
Serbia$56.5k (211%)
United States$31.3k (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Montenegro WERE (2021 - 2022):
Albania-$12.4k (-67.6%)
United Kingdom-$10.9k (-69.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, Montenegro's main importing competitors in Leather articles were:

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Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

See methodology.

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