Key Market Indicators
Imports of phosphate to Montenegro decreased significantly in 2021, dropping by 67.9% from the previous year. In 2021, the country imported $117 worth of phosphate, compared to $364.37 in 2020. Since 2011, phosphate imports to Montenegro have increased by an average of 4.5% year on year. However, in 2021, Montenegro dropped to 107th place on the list of countries importing phosphate, with Seychelles overtaking it at $117. The United States, Indonesia, and Lithuania were the top three importers, respectively.