Key Market Indicators
Montenegrin exports of chocolate are projected to reach $2.2 million by 2026, a slight 0.1% increase year-on-year since 2021 when it was $2.2 million. Since 2011, Montenegrin chocolate exports have grown by 9.5% annually. In 2021, Montenegro was ranked 83rd in the world for chocolate exports, overtaken by Bahrain at $2.2 million. Belgium, Italy and the Netherlands followed in second, third and fourth place respectively. Meanwhile, imports of chocolate in Montenegro are expected to reach $27.6 million by 2026, a year-on-year average increase of 0.9% since 2021 when it was $26 million. Since 2011, Montenegrin chocolate imports have risen by 1.9% annually. In 2021, the country was ranked 81st in the world for chocolate imports, overtaken by Bolivia at $26 million. Germany, France and the United Kingdom followed in second, third and fourth place respectively.
