{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:23.030Z",
  "seo": {
    "title": "Portugal exports to Montenegro: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Portugal 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": "PRT",
    "country_name": "Portugal"
  },
  "importer": {
    "iso3": "MNE",
    "country_name": "Montenegro"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "PRT",
    "importer_iso3": "MNE",
    "all_history_lane_count": 14,
    "current_lane_count": 10,
    "current_product_count": 10,
    "first_observed_last_year": 2011,
    "latest_data_year": 2024,
    "current_trade_usd": 2275018.622368802,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 842015.4559479255,
    "unrecovered_drawdown_trade_usd": 125945.79509222368,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 271646.6156381571,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 6,
    "unrecovered_drawdown_lane_count": 2,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 3,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.015764638258911,
    "trade_weighted_below_peak_pct": 9.006726579726498,
    "product_concentration_hhi": 2591.633388851093,
    "top1_product_share_pct": 44.31671152622903,
    "top3_product_share_pct": 73.13959796095097,
    "top_product_hs6": "210690",
    "top_product_trade_usd": 1008213.4400431718,
    "top_product_description": "Food preparations: n.e.s. in item no. 2106.10",
    "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": 3.1489947997777783,
    "avg_mfn_tariff_pct": 6.2478250977777785,
    "avg_preferential_tariff_pct": 0.0741808150914074,
    "tariff_advantage_pp": 6.173644282686371,
    "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_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": null,
    "buyer_gdp_pc_2024": null,
    "buyer_population_2024": null
  },
  "history": [
    {
      "year": 2006,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 364483.4840840297,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2007,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 638769.3529176394,
      "yoy_growth_pct": 75.25330524177458,
      "cagr_3y_pct": null
    },
    {
      "year": 2008,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 787803.8976423979,
      "yoy_growth_pct": 23.33151145151675,
      "cagr_3y_pct": null
    },
    {
      "year": 2009,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 426489.0301046239,
      "yoy_growth_pct": -45.86355419401378,
      "cagr_3y_pct": 5.376395019420821
    },
    {
      "year": 2010,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 534616.2323280767,
      "yoy_growth_pct": 25.35286832510737,
      "cagr_3y_pct": -5.760561485544069
    },
    {
      "year": 2011,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 687582.6578276174,
      "yoy_growth_pct": 28.612379544373812,
      "cagr_3y_pct": -4.434252070062728
    },
    {
      "year": 2012,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 434161.62350722146,
      "yoy_growth_pct": -36.856810077361004,
      "cagr_3y_pct": 0.596110486030077
    },
    {
      "year": 2013,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 857080.9287172663,
      "yoy_growth_pct": 97.41056839470068,
      "cagr_3y_pct": 17.037911548987196
    },
    {
      "year": 2014,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 893588.5040231987,
      "yoy_growth_pct": 4.259524868972497,
      "cagr_3y_pct": 9.128340967053482
    },
    {
      "year": 2015,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 449672.55508744094,
      "yoy_growth_pct": -49.67789390050537,
      "cagr_3y_pct": 1.1769654797936013
    },
    {
      "year": 2016,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 2235055.2439487604,
      "yoy_growth_pct": 397.04061736970885,
      "cagr_3y_pct": 37.643426950812085
    },
    {
      "year": 2017,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 3051326.2981845415,
      "yoy_growth_pct": 36.5212920998607,
      "cagr_3y_pct": 50.58568644792103
    },
    {
      "year": 2018,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 3876436.403601705,
      "yoy_growth_pct": 27.041031498600532,
      "cagr_3y_pct": 105.04322647772955
    },
    {
      "year": 2019,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 4263487.773581285,
      "yoy_growth_pct": 9.984721266675756,
      "cagr_3y_pct": 24.02015028294542
    },
    {
      "year": 2020,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 2514773.038867812,
      "yoy_growth_pct": -41.016060736690484,
      "cagr_3y_pct": -6.24306937086666
    },
    {
      "year": 2021,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 3359433.816401416,
      "yoy_growth_pct": 33.5879526493525,
      "cagr_3y_pct": -4.659415803378931
    },
    {
      "year": 2022,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 4749922.545458929,
      "yoy_growth_pct": 41.3905677280759,
      "cagr_3y_pct": 3.6669931351018814
    },
    {
      "year": 2023,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 5964807.572122914,
      "yoy_growth_pct": 25.576943940390183,
      "cagr_3y_pct": 33.36213740844607
    },
    {
      "year": 2024,
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "export_value_usd": 6167957.785271474,
      "yoy_growth_pct": 3.4058133593110718,
      "cagr_3y_pct": 22.44989988094921
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "hs_code": "210690",
      "hs_description": "Food preparations: n.e.s. in item no. 2106.10",
      "buyer_imports_latest_usd": 52981026.80490927,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.9040009848401749,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "hs_code": "401110",
      "hs_description": "Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)",
      "buyer_imports_latest_usd": 14744499.349864108,
      "current_below_peak_pct": 21.11006748069063,
      "lane_volatility_cv": 1.0419166426097057,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "hs_code": "610910",
      "hs_description": "T-shirts, singlets and other vests: of cotton, knitted or crocheted",
      "buyer_imports_latest_usd": 12104717.294354409,
      "current_below_peak_pct": 2.3184392995447953,
      "lane_volatility_cv": 0.9085820615563688,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "hs_code": "640399",
      "hs_description": "Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather",
      "buyer_imports_latest_usd": 14876522.382803071,
      "current_below_peak_pct": 17.953659746154347,
      "lane_volatility_cv": 0.80386404815895,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "hs_code": "940350",
      "hs_description": "Furniture: wooden, for bedroom use",
      "buyer_imports_latest_usd": 11557671.159750115,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.3282414338977548,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "hs_code": "940360",
      "hs_description": "Furniture: wooden, other than for office, kitchen or bedroom use",
      "buyer_imports_latest_usd": 25081690.5129148,
      "current_below_peak_pct": 54.298342890574546,
      "lane_volatility_cv": 1.7810024955296242,
      "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"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "hs_code": "690721",
      "hs_description": "Ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5%",
      "buyer_imports_latest_usd": 16077084.240813434,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.1842824321828522,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "hs_code": "848180",
      "hs_description": "Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves",
      "buyer_imports_latest_usd": 11795738.604840985,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.7540561112200825,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "hs_code": "210500",
      "hs_description": "Ice cream and other edible ice: whether or not containing cocoa",
      "buyer_imports_latest_usd": 11129853.33384523,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.6427898784347935,
      "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"
      ]
    },
    {
      "exporter_iso3": "PRT",
      "importer_iso3": "MNE",
      "hs_code": "940161",
      "hs_description": "Seats: with wooden frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture)",
      "buyer_imports_latest_usd": 18005824.27479062,
      "current_below_peak_pct": 57.516132130477125,
      "lane_volatility_cv": 1.1375536964283783,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "PRT",
    "importer_iso3": "MNE",
    "distance_km": 2428,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": null,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": 2,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 1,
    "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": 249886.46435499997,
    "exporter_gdp_per_capita_usd": 24262.180935281518,
    "avg_applied_tariff_pct": 3.1489947997777783,
    "avg_mfn_tariff_pct": 6.2478250977777785,
    "avg_preferential_tariff_pct": 0.0741808150914074,
    "tariff_advantage_pp": 6.173644282686371
  },
  "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/PRT-MNE/risk",
    "html": "https://www.yugalinks.com/trade/corridor/PRT-MNE/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/PRT-MNE/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/PRT-MNE/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/PRT-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"
  }
}