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Exports In 2022, Montenegro exported $102k in Seed Oils, making it the 105th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 248th most exported product in Montenegro. The main destination of Seed Oils exports from Montenegro are: Serbia ($96.7k), Bosnia and Herzegovina ($4.26k), Germany ($660), Turkey ($274), and Denmark ($113).

The fastest growing export markets for Seed Oils of Montenegro between 2021 and 2022 were Serbia ($96.7k), Bosnia and Herzegovina ($4.26k), and Germany ($660).

Imports In 2022, Montenegro imported $24.7M in Seed Oils, becoming the 84th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 34th most imported product in Montenegro. Montenegro imports Seed Oils primarily from: Serbia ($18.1M), Bosnia and Herzegovina ($2.5M), Croatia ($2.12M), North Macedonia ($1.36M), and Ukraine ($582k).

The fastest growing import markets in Seed Oils for Montenegro between 2021 and 2022 were Serbia ($2.76M), Bosnia and Herzegovina ($2.5M), and North Macedonia ($1.29M).

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 Seed Oils. 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)$102k
IMPORTS (2022)$24.7M
NET TRADE (2022)-$24.6M

In 2022, Montenegro exported $102k in Seed Oils. The main destinations of Montenegro exports on Seed Oils were Serbia ($96.7k), Bosnia and Herzegovina ($4.26k), Germany ($660), Turkey ($274), and Denmark ($113).

In 2022, Montenegro imported $24.7M in Seed Oils, mainly from Serbia ($18.1M), Bosnia and Herzegovina ($2.5M), Croatia ($2.12M), North Macedonia ($1.36M), and Ukraine ($582k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Serbia$96.7k (1%)
Germany$660 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Montenegro WERE (2021 - 2022):
Albania-$35.9k (-100%)
China-$2.58k (-100%)
Liberia-$368 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Montenegro's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Montenegro's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

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

See methodology.

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