2022
Exports
$8.26kWorld Rnk 118 / 145
Flag Rnk 541 / 849
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$207kWorld Rnk 144 / 209
Flag Rnk 640 / 1117

About

Exports In 2022, Montenegro exported $8.26k in Synthetic Rubber, making it the 118th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 541st most exported product in Montenegro. The main destination of Synthetic Rubber exports from Montenegro are: Czechia ($4.6k), Hungary ($2.26k), Bosnia and Herzegovina ($1.21k), and Serbia ($188).

The fastest growing export markets for Synthetic Rubber of Montenegro between 2021 and 2022 were Hungary ($2.26k).

Imports In 2022, Montenegro imported $207k in Synthetic Rubber, becoming the 144th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 640th most imported product in Montenegro. Montenegro imports Synthetic Rubber primarily from: Serbia ($51.6k), Italy ($39.1k), Turkey ($22.8k), United Kingdom ($21.8k), and United States ($13.4k).

The fastest growing import markets in Synthetic Rubber for Montenegro between 2021 and 2022 were Serbia ($38.3k), Italy ($24k), and United Kingdom ($20.4k).

Latest Trends

Sep 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 Synthetic Rubber. 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)$8.26k
IMPORTS (2022)$207k
NET TRADE (2022)-$199k

In 2022, Montenegro exported $8.26k in Synthetic Rubber. The main destinations of Montenegro exports on Synthetic Rubber were Czechia ($4.6k), Hungary ($2.26k), Bosnia and Herzegovina ($1.21k), and Serbia ($188).

In 2022, Montenegro imported $207k in Synthetic Rubber, mainly from Serbia ($51.6k), Italy ($39.1k), Turkey ($22.8k), United Kingdom ($21.8k), and United States ($13.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):Hungary$2.26k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Montenegro WERE (2021 - 2022):
Bosnia and Herzegovina-$1.27k (-51.4%)
Czechia-$1.2k (-20.7%)
Serbia-$419 (-69%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Synthetic Rubber were:
In 2022, Montenegro's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
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Synthetic Rubber’s highest export potential is N/A. With an export gap of N/A.   Synthetic Rubber’s highest import potential is N/A with an import gap of N/A.

See methodology.

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