2022
Exports
$6.39MWorld Rnk 135 / 226
Flag Rnk 18 / 95
2022
PRODUCT COMPLEXITY IN Plastics & articles thereof
1.72Rnk 19 / 1025
2022
Imports
$145MWorld Rnk 142 / 226
Flag Rnk 7 / 96

About

Exports In 2022, Montenegro exported $6.39M in Plastics & articles thereof, making it the 135th largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 18th most exported product in Montenegro. The main destination of Plastics & articles thereof exports from Montenegro are: Serbia ($2.42M), Germany ($1.12M), Switzerland ($509k), Albania ($321k), and Luxembourg ($312k).

The fastest growing export markets for Plastics & articles thereof of Montenegro between 2021 and 2022 were Serbia ($723k), Switzerland ($467k), and Germany ($330k).

Imports In 2022, Montenegro imported $145M in Plastics & articles thereof, becoming the 142nd largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 7th most imported product in Montenegro. Montenegro imports Plastics & articles thereof primarily from: Serbia ($52.7M), China ($31.5M), Turkey ($7.61M), Germany ($7.31M), and Italy ($6.07M).

The fastest growing import markets in Plastics & articles thereof for Montenegro between 2021 and 2022 were China ($18M), Serbia ($7.08M), and Turkey ($1.77M).

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 Plastics & 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)$6.39M
IMPORTS (2022)$145M
NET TRADE (2022)-$139M

In 2022, Montenegro exported $6.39M in Plastics & articles thereof. The main destinations of Montenegro exports on Plastics & articles thereof were Serbia ($2.42M), Germany ($1.12M), Switzerland ($509k), Albania ($321k), and Luxembourg ($312k).

In 2022, Montenegro imported $145M in Plastics & articles thereof, mainly from Serbia ($52.7M), China ($31.5M), Turkey ($7.61M), Germany ($7.31M), and Italy ($6.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$723k (42.7%)
Switzerland$467k (1.1k%)
Germany$330k (42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY Montenegro WERE (2021 - 2022):
Greece-$116k (-99.3%)
Bosnia and Herzegovina-$106k (-26.8%)
United Arab Emirates-$79.8k (-94.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Plastics & articles thereof were:
In 2022, Montenegro's main importing competitors in Plastics & articles thereof were:

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Trade Value of Plastics & articles thereof by Exporters

Potential Exports

Potential Exports

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

See methodology.

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