2022
Exports
$580kWorld Rnk 150 / 226
Flag Rnk 50 / 95
2022
PRODUCT COMPLEXITY IN Rubber & articles thereof
0.93Rnk 199 / 1025
2022
Imports
$40.9MWorld Rnk 144 / 226
Flag Rnk 28 / 96

About

Exports In 2022, Montenegro exported $580k in Rubber & articles thereof, making it the 150th largest exporter of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 50th most exported product in Montenegro. The main destination of Rubber & articles thereof exports from Montenegro are: Pakistan ($284k), United Kingdom ($91.3k), Italy ($49.7k), Albania ($40.5k), and Serbia ($28.1k).

The fastest growing export markets for Rubber & articles thereof of Montenegro between 2021 and 2022 were United Kingdom ($91.3k), Albania ($40.2k), and Italy ($39.8k).

Imports In 2022, Montenegro imported $40.9M in Rubber & articles thereof, becoming the 144th largest importer of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 28th most imported product in Montenegro. Montenegro imports Rubber & articles thereof primarily from: Serbia ($5.41M), China ($5.37M), Slovenia ($4.52M), Cote d'Ivoire ($4.01M), and Croatia ($3.07M).

The fastest growing import markets in Rubber & articles thereof for Montenegro between 2021 and 2022 were Czechia ($829k), China ($809k), and Serbia ($743k).

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 Rubber & articles thereof. 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)$580k
IMPORTS (2022)$40.9M
NET TRADE (2022)-$40.3M

In 2022, Montenegro exported $580k in Rubber & articles thereof. The main destinations of Montenegro exports on Rubber & articles thereof were Pakistan ($284k), United Kingdom ($91.3k), Italy ($49.7k), Albania ($40.5k), and Serbia ($28.1k).

In 2022, Montenegro imported $40.9M in Rubber & articles thereof, mainly from Serbia ($5.41M), China ($5.37M), Slovenia ($4.52M), Cote d'Ivoire ($4.01M), and Croatia ($3.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber & articles thereof EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
United Kingdom$91.3k (1%)
Albania$40.2k (15.6k%)
Italy$39.8k (404%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber & articles thereof BY Montenegro WERE (2021 - 2022):
Pakistan-$617k (-68.5%)
Poland-$217k (-98.9%)
Germany-$32.3k (-99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Rubber & articles thereof were:
China $33.5B
Germany $17.1B
In 2022, Montenegro's main importing competitors in Rubber & articles thereof were:

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Trade Value of Rubber & articles thereof by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

See methodology.

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