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Montenegro Trade Summary

2007

Montenegro exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR MONTENEGRO 2007

Overall Exports and Imports for Montenegro 2007

Exports and imports of Montenegro in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 626 million.
  • The total value of imports (CIF) was 2,867 million.
  • At the HS6 digit level, 1,441 products were exported to 64 countries and 3,750 products were imported from 159 countries.

Montenegro top 5 Export and Import partners 2007

Top five countries to which Montenegro exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Montenegro exports to Italy worth US$ 200 million, with a partner share of 31.87 percent.
  2. Montenegro exports to Serbia, FR(Serbia/Montenegro) worth US$ 141 million, with a partner share of 22.46 percent.
  3. Montenegro exports to Hungary worth US$ 87 million, with a partner share of 13.93 percent.
  4. Montenegro exports to Greece worth US$ 83 million, with a partner share of 13.29 percent.
  5. Montenegro exports to Slovenia worth US$ 39 million, with a partner share of 6.31 percent.

Top five countries from which Montenegro imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Montenegro imports from Serbia, FR(Serbia/Montenegro) worth US$ 694 million, with a partner share of 24.20 percent.
  2. Montenegro imports from Germany worth US$ 298 million, with a partner share of 10.39 percent.
  3. Montenegro imports from Italy worth US$ 286 million, with a partner share of 9.98 percent.
  4. Montenegro imports from China worth US$ 139 million, with a partner share of 4.85 percent.
  5. Montenegro imports from Switzerland worth US$ 136 million, with a partner share of 4.74 percent.

Montenegro Top 5 Productsexports imports at HS 6 digit level 2007

The top five exported HS 6 digit level products to world by Montenegro along with trade value are:

  1. Montenegro exported Aluminium unwrought, not alloyed , worth US$ 347,117.70 million.
  2. Montenegro exported Bars/rods,i/nas,hr,in irreg wnd coils of circ c , worth US$ 30,943.55 million.
  3. Montenegro exported Wine (not sparkling); grape must with by alcoho , worth US$ 23,211.84 million.
  4. Montenegro exported Semi-finished products of alloy steel o/t stain , worth US$ 18,262.24 million.
  5. Montenegro exported Tubes,pipe&hollow profiles,iron or nas,welded,o , worth US$ 14,692.76 million.

The top five imported HS 6 digit level products from world by Montenegro along with trade value are

  1. Montenegro imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 202,062.09 million.
  2. Montenegro imported Electrical energy , worth US$ 186,055.09 million.
  3. Montenegro imported Automobiles with diesel engine displacing more , worth US$ 99,795.67 million.
  4. Montenegro imported Portland cement (excl. white) , worth US$ 46,880.58 million.
  5. Montenegro imported Other medicaments of mixed or unmixed products, , worth US$ 42,263.54 million.

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Montenegro in 2007 are below

  • The maximum rate of tariff in percentage on any product was 43.91 percent.
  • The simple average tariff across all products was 5.60 percent.
  • The trade weighted average tariff was 5.46 .
  • The total duty free imports in thousands of US dollars were 736,641.89 and duty free tariff line items share was 13.28 percent.

Development Indicators 2007

Key Development Indicators of Montenegro in 2007 are below

  • Montenegro GDP in current US dollar was 3,681 million.
  • GNI per capita, Atlas method (current US$) was 5,120.00 .
  • Montenegro Trade balance: as % of GDP was -42.74.
  • Trade balance in current US$ was -1,573.00 million.
  • Trade as percentage of GDP was 128.75 .
  • Trade in services as percentage of GDP was 36.05 .

Trade Indicators 2007

Trade Indicators for Montenegro in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.19.
  • Index of export market penetration was 1.50.
  • World Growth in percentage was 7.58 and Montenegro Country Growth was 34.90 .