{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:14.393Z",
  "seo": {
    "title": "Thailand exports to Montenegro: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Thailand 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": "THA",
    "country_name": "Thailand"
  },
  "importer": {
    "iso3": "MNE",
    "country_name": "Montenegro"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "THA",
    "importer_iso3": "MNE",
    "all_history_lane_count": 11,
    "current_lane_count": 9,
    "current_product_count": 9,
    "first_observed_last_year": 2011,
    "latest_data_year": 2024,
    "current_trade_usd": 1415250.971394382,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 465417.2055528856,
    "unrecovered_drawdown_trade_usd": 303217.7851204846,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 1058556.38819895,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 5,
    "unrecovered_drawdown_lane_count": 3,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 4,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.6823931860694943,
    "trade_weighted_below_peak_pct": 18.144195615855796,
    "product_concentration_hhi": 2366.617625512926,
    "top1_product_share_pct": 32.59140973043705,
    "top3_product_share_pct": 78.11731783620795,
    "top_product_hs6": "020714",
    "top_product_trade_usd": 461250.2428011335,
    "top_product_description": "Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen",
    "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": 6.247825097777777,
    "avg_mfn_tariff_pct": 6.247825097777777,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "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": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": null,
    "buyer_gdp_pc_2024": null,
    "buyer_population_2024": null
  },
  "history": [
    {
      "year": 2006,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 700807.4820642662,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2007,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 1740114.322530823,
      "yoy_growth_pct": 148.30133339975515,
      "cagr_3y_pct": null
    },
    {
      "year": 2008,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 4217215.042119923,
      "yoy_growth_pct": 142.35275737437777,
      "cagr_3y_pct": null
    },
    {
      "year": 2009,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 4461653.042047648,
      "yoy_growth_pct": 5.796194822563505,
      "cagr_3y_pct": 85.33851895628777
    },
    {
      "year": 2010,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 4420313.043978037,
      "yoy_growth_pct": -0.9265623678043289,
      "cagr_3y_pct": 36.44524802230009
    },
    {
      "year": 2011,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 6803741.840930874,
      "yoy_growth_pct": 53.91990959101582,
      "cagr_3y_pct": 17.284519571519418
    },
    {
      "year": 2012,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 4708994.294033902,
      "yoy_growth_pct": -30.788169155612366,
      "cagr_3y_pct": 1.8147712528057136
    },
    {
      "year": 2013,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 3386583.1173060457,
      "yoy_growth_pct": -28.08266678945217,
      "cagr_3y_pct": -8.496809455279198
    },
    {
      "year": 2014,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 3760975.711671838,
      "yoy_growth_pct": 11.055172171991856,
      "cagr_3y_pct": -17.930037670154686
    },
    {
      "year": 2015,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 3617527.552613803,
      "yoy_growth_pct": -3.8141208573311713,
      "cagr_3y_pct": -8.414252481526807
    },
    {
      "year": 2016,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 3677247.6060055136,
      "yoy_growth_pct": 1.6508527584969013,
      "cagr_3y_pct": 2.782784326313248
    },
    {
      "year": 2017,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 4153610.571206095,
      "yoy_growth_pct": 12.954334769913434,
      "cagr_3y_pct": 3.365374497739082
    },
    {
      "year": 2018,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 4892703.347299134,
      "yoy_growth_pct": 17.793983413289194,
      "cagr_3y_pct": 10.58910559662596
    },
    {
      "year": 2019,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 5322906.490798491,
      "yoy_growth_pct": 8.792749385405463,
      "cagr_3y_pct": 13.120674927056776
    },
    {
      "year": 2020,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 3835787.485776738,
      "yoy_growth_pct": -27.938101253375013,
      "cagr_3y_pct": -2.6185461681326627
    },
    {
      "year": 2021,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 3134438.2428359273,
      "yoy_growth_pct": -18.284361308895324,
      "cagr_3y_pct": -13.794109131913112
    },
    {
      "year": 2022,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 4583890.846331522,
      "yoy_growth_pct": 46.24281900619558,
      "cagr_3y_pct": -4.860292866678895
    },
    {
      "year": 2023,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 5572520.764422655,
      "yoy_growth_pct": 21.567483852333247,
      "cagr_3y_pct": 13.25717355180589
    },
    {
      "year": 2024,
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "export_value_usd": 6528114.229665614,
      "yoy_growth_pct": 17.148315917347023,
      "cagr_3y_pct": 27.70542377399199
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "hs_code": "020714",
      "hs_description": "Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen",
      "buyer_imports_latest_usd": 12595133.621829536,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "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": "THA",
      "importer_iso3": "MNE",
      "hs_code": "841510",
      "hs_description": "Air conditioning machines: comprising a motor-driven fan and elements for changing the temperature and humidity, window or wall types, self-contained or split-system",
      "buyer_imports_latest_usd": 14069244.944847673,
      "current_below_peak_pct": 18.343273674650234,
      "lane_volatility_cv": 0.7719799845787525,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "THA",
      "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": 55.33801080477999,
      "lane_volatility_cv": 1.0228308750186166,
      "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": "THA",
      "importer_iso3": "MNE",
      "hs_code": "851762",
      "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
      "buyer_imports_latest_usd": 16918593.41569218,
      "current_below_peak_pct": 50.14039427755262,
      "lane_volatility_cv": 1.117405881805232,
      "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": "THA",
      "importer_iso3": "MNE",
      "hs_code": "847130",
      "hs_description": "Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display",
      "buyer_imports_latest_usd": 12128710.243501578,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.9914158950163887,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "MNE",
      "hs_code": "220210",
      "hs_description": "Waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured",
      "buyer_imports_latest_usd": 36082030.859453864,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.2029034724004755,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "THA",
      "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": 3.1995821914600078,
      "lane_volatility_cv": 1.5107826294047704,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "THA",
      "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": 41.37452558564259,
      "lane_volatility_cv": 0.7058288213090512,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "THA",
      "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": 61.93314557877595,
      "lane_volatility_cv": 0.6574710492682366,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "THA",
    "importer_iso3": "MNE",
    "distance_km": 8281,
    "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": null,
    "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": 505981.655622,
    "exporter_gdp_per_capita_usd": 7233.388858353161,
    "avg_applied_tariff_pct": 6.247825097777777,
    "avg_mfn_tariff_pct": 6.247825097777777,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "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/THA-MNE/risk",
    "html": "https://www.yugalinks.com/trade/corridor/THA-MNE/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/THA-MNE/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/THA-MNE/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/THA-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"
  }
}