2022
Exports | Imports
$1.55M | $4.35MWorld Rnk 83 / 169
Flag Rnk 64 / 849
World Rnk 130 / 215
Flag Rnk 183 / 1117
2022
PRODUCT COMPLEXITY IN Cranes
0.82Rnk 239 / 1025

About

Exports In 2022, Montenegro exported $1.55M in Cranes, making it the 83rd largest exporter of Cranes in the world. At the same year, Cranes was the 64th most exported product in Montenegro. The main destination of Cranes exports from Montenegro are: Albania ($956k), Serbia ($552k), Croatia ($27.9k), Netherlands ($9k), and Turkey ($1.82k).

The fastest growing export markets for Cranes of Montenegro between 2021 and 2022 were Albania ($956k), Croatia ($27.9k), and Netherlands ($9k).

Imports In 2022, Montenegro imported $4.35M in Cranes, becoming the 130th largest importer of Cranes in the world. At the same year, Cranes was the 183rd most imported product in Montenegro. Montenegro imports Cranes primarily from: Italy ($2.26M), Germany ($1M), Netherlands ($270k), United States ($220k), and Croatia ($200k).

The fastest growing import markets in Cranes for Montenegro between 2021 and 2022 were Italy ($2.21M), Germany ($722k), and United States ($197k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Cranes from Montenegro to the United States.

Latest Trends

Feb 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 Cranes. 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)$1.55M
IMPORTS (2022)$4.35M
NET TRADE (2022)-$2.8M

In 2022, Montenegro exported $1.55M in Cranes. The main destinations of Montenegro exports on Cranes were Albania ($956k), Serbia ($552k), Croatia ($27.9k), Netherlands ($9k), and Turkey ($1.82k).

In 2022, Montenegro imported $4.35M in Cranes, mainly from Italy ($2.26M), Germany ($1M), Netherlands ($270k), United States ($220k), and Croatia ($200k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Montenegro WERE (2021 - 2022):
Albania$956k (1%)
Croatia$27.9k (1%)
Netherlands$9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Montenegro WERE (2021 - 2022):
Serbia-$151k (-21.5%)
Italy-$828 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Montenegro's main exporting competitors in Cranes were:
China $4.1B
Germany $1.93B
Italy $1.28B
In 2022, Montenegro's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

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