{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:00.090Z",
  "seo": {
    "title": "Norway exports to Montenegro: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Norway to Montenegro, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "NOR",
    "country_name": "Norway"
  },
  "importer": {
    "iso3": "MNE",
    "country_name": "Montenegro"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "NOR",
    "importer_iso3": "MNE",
    "all_history_lane_count": 9,
    "current_lane_count": 6,
    "current_product_count": 6,
    "first_observed_last_year": 2006,
    "latest_data_year": 2024,
    "current_trade_usd": 427295.1957351855,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 284430.81183845236,
    "unrecovered_drawdown_trade_usd": 284430.81183845236,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 178259.191862115,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 3,
    "unrecovered_drawdown_lane_count": 3,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 2,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.4274238766399878,
    "trade_weighted_below_peak_pct": 55.48367174707645,
    "product_concentration_hhi": 2329.677410962783,
    "top1_product_share_pct": 36.81853606517077,
    "top3_product_share_pct": 75.81746531835846,
    "top_product_hs6": "870332",
    "top_product_trade_usd": 157323.8357465013,
    "top_product_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": null,
    "shares_land_border": null,
    "shares_official_language": null,
    "common_spoken_language_score": null,
    "has_reported_fta": null,
    "avg_applied_tariff_pct": 4.116217415777778,
    "avg_mfn_tariff_pct": 6.2478250977777785,
    "avg_preferential_tariff_pct": 0.5151779092713333,
    "tariff_advantage_pp": 5.732647188506445,
    "buyer_biz_entry_days": null,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": null,
    "buyer_gdp_pc_latest": null,
    "buyer_population_latest": null,
    "buyer_gdp_5y_cagr_pct": 8.565059222520688,
    "buyer_gdp_pc_5y_cagr_pct": 8.67723581432076,
    "buyer_population_5y_cagr_pct": -0.10321995306518117,
    "buyer_investment_5y_avg_pct": 24.522,
    "buyer_savings_5y_avg_pct": 1.8219999999999998,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Current trade remains materially below historical peaks",
    "buyer_gdp_mn_2024": null,
    "buyer_gdp_pc_2024": null,
    "buyer_population_2024": null
  },
  "history": [
    {
      "year": 2006,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 488040.26617693395,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2007,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 4066155.5876540914,
      "yoy_growth_pct": 733.1598577933626,
      "cagr_3y_pct": null
    },
    {
      "year": 2008,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 1067320.6434506883,
      "yoy_growth_pct": -73.75111157351301,
      "cagr_3y_pct": null
    },
    {
      "year": 2009,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 460629.8666095087,
      "yoy_growth_pct": -56.84241006336439,
      "cagr_3y_pct": -1.9083260063793461
    },
    {
      "year": 2010,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 666202.2051990003,
      "yoy_growth_pct": 44.62853008264922,
      "cagr_3y_pct": -45.28068007594962
    },
    {
      "year": 2011,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 286859.57870252425,
      "yoy_growth_pct": -56.941064369963044,
      "cagr_3y_pct": -35.46556943642544
    },
    {
      "year": 2012,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 234593.88595707607,
      "yoy_growth_pct": -18.21995729821807,
      "cagr_3y_pct": -20.141429501010233
    },
    {
      "year": 2013,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 269380.978511317,
      "yoy_growth_pct": 14.828644153414118,
      "cagr_3y_pct": -26.053046449347704
    },
    {
      "year": 2014,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 652525.1017447681,
      "yoy_growth_pct": 142.231320619156,
      "cagr_3y_pct": 31.5152017728461
    },
    {
      "year": 2015,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 423451.5839275201,
      "yoy_growth_pct": -35.10570201893152,
      "cagr_3y_pct": 21.757491169134102
    },
    {
      "year": 2016,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 45765126.077989794,
      "yoy_growth_pct": 10707.640782333963,
      "cagr_3y_pct": 453.84628334095305
    },
    {
      "year": 2017,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 1337433.4051459031,
      "yoy_growth_pct": -97.07761450745981,
      "cagr_3y_pct": 27.025714896447383
    },
    {
      "year": 2018,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 1086778.7146340203,
      "yoy_growth_pct": -18.74147075641036,
      "cagr_3y_pct": 36.91334699479001
    },
    {
      "year": 2019,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 1083266.9043233844,
      "yoy_growth_pct": -0.3231394085426609,
      "cagr_3y_pct": -71.28776914116486
    },
    {
      "year": 2020,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 734220.3524664963,
      "yoy_growth_pct": -32.2216575124581,
      "cagr_3y_pct": -18.11869591740266
    },
    {
      "year": 2021,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 1766237.9917989573,
      "yoy_growth_pct": 140.55966112428814,
      "cagr_3y_pct": 17.571673370009087
    },
    {
      "year": 2022,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 914987.2678140898,
      "yoy_growth_pct": -48.195697745004765,
      "cagr_3y_pct": -5.472132913537964
    },
    {
      "year": 2023,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 3089819.4044043915,
      "yoy_growth_pct": 237.68987974947336,
      "cagr_3y_pct": 61.44907425252153
    },
    {
      "year": 2024,
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "export_value_usd": 1166593.6537225118,
      "yoy_growth_pct": -62.24395341489578,
      "cagr_3y_pct": -12.91230504147185
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "hs_code": "870332",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc",
      "buyer_imports_latest_usd": 83163936.94812907,
      "current_below_peak_pct": 80.45604677044635,
      "lane_volatility_cv": 1.917423543355947,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "hs_code": "870421",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1",
      "buyer_imports_latest_usd": 19276687.33502979,
      "current_below_peak_pct": 51.89602712743997,
      "lane_volatility_cv": 1.6133593496447136,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "hs_code": "870422",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes), nes in item no 8704.1",
      "buyer_imports_latest_usd": 15745179.272439407,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.9117921071950786,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "hs_code": "870340",
      "hs_description": "Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power",
      "buyer_imports_latest_usd": 10258492.346435325,
      "current_below_peak_pct": 42.75429916186179,
      "lane_volatility_cv": 0.2718948685654125,
      "attention_level": "Watch",
      "primary_risk_reason": "The lane has limited historical coverage",
      "risk_driver_labels": [
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "hs_code": "870323",
      "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc",
      "buyer_imports_latest_usd": 29933004.125088472,
      "current_below_peak_pct": 92.93589067444182,
      "lane_volatility_cv": 1.9634636594253727,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "NOR",
      "importer_iso3": "MNE",
      "hs_code": "870321",
      "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000cc",
      "buyer_imports_latest_usd": 16444121.719992617,
      "current_below_peak_pct": 47.63792755447101,
      "lane_volatility_cv": 0.31266263834460545,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "NOR",
    "importer_iso3": "MNE",
    "distance_km": 2029,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": null,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": 1,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 5809.170962,
    "importer_gdp_per_capita_usd": 9367.016883998498,
    "importer_population": 620.173,
    "importer_biz_entry_days": 12,
    "importer_biz_entry_cost_pct": 1.2,
    "exporter_gdp_million_usd": 482437.01979000005,
    "exporter_gdp_per_capita_usd": 89202.75053805989,
    "avg_applied_tariff_pct": 4.116217415777778,
    "avg_mfn_tariff_pct": 6.2478250977777785,
    "avg_preferential_tariff_pct": 0.5151779092713333,
    "tariff_advantage_pp": 5.732647188506445
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/NOR-MNE/risk",
    "html": "https://www.yugalinks.com/trade/corridor/NOR-MNE/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/NOR-MNE/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/NOR-MNE/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/NOR-MNE/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}