Refined Petroleum in Montenegro | The Observatory of Economic Complexity

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Exports In 2022, Montenegro exported $19M in Refined Petroleum, making it the 135th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 7th most exported product in Montenegro. The main destination of Refined Petroleum exports from Montenegro are: Slovenia ($18.7M), Albania ($99.5k), Ukraine ($84k), Bosnia and Herzegovina ($71.1k), and Bulgaria ($26.9k).

The fastest growing export markets for Refined Petroleum of Montenegro between 2021 and 2022 were Slovenia ($14.2M), Albania ($86.8k), and Ukraine ($84k).

Imports In 2022, Montenegro imported $419M in Refined Petroleum, becoming the 140th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Montenegro. Montenegro imports Refined Petroleum primarily from: Greece ($279M), Croatia ($111M), Serbia ($12M), Turkey ($2.24M), and Albania ($1.88M).

The fastest growing import markets in Refined Petroleum for Montenegro between 2021 and 2022 were Greece ($147M), Croatia ($38.8M), and Bosnia and Herzegovina ($1.33M).

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

Feb 2024

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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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$19M

IMPORTS (2022)$419M

NET TRADE (2022)-$400M

In 2022, Montenegro exported $19M in Refined Petroleum. The main destinations of Montenegro exports on Refined Petroleum were Slovenia ($18.7M), Albania ($99.5k), Ukraine ($84k), Bosnia and Herzegovina ($71.1k), and Bulgaria ($26.9k).

In 2022, Montenegro imported $419M in Refined Petroleum, mainly from Greece ($279M), Croatia ($111M), Serbia ($12M), Turkey ($2.24M), and Albania ($1.88M).