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Montenegro Trade Summary

2008

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 2008

Overall Exports and Imports for Montenegro 2008

Exports and imports of Montenegro in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 617 million.
  • The total value of imports (CIF) was 3,731 million.
  • At the HS6 digit level, 1,476 products were exported to 60 countries and 3,574 products were imported from 169 countries.

Montenegro top 5 Export and Import partners 2008

Top five countries to which Montenegro exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Montenegro exports to Italy worth US$ 192 million, with a partner share of 31.10 percent.
  2. Montenegro exports to Serbia, FR(Serbia/Montenegro) worth US$ 172 million, with a partner share of 27.91 percent.
  3. Montenegro exports to Greece worth US$ 79 million, with a partner share of 12.79 percent.
  4. Montenegro exports to Slovenia worth US$ 55 million, with a partner share of 8.98 percent.
  5. Montenegro exports to Bosnia and Herzegovina worth US$ 29 million, with a partner share of 4.77 percent.

Top five countries from which Montenegro imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Montenegro imports from Serbia, FR(Serbia/Montenegro) worth US$ 902 million, with a partner share of 24.16 percent.
  2. Montenegro imports from Germany worth US$ 331 million, with a partner share of 8.88 percent.
  3. Montenegro imports from Italy worth US$ 291 million, with a partner share of 7.79 percent.
  4. Montenegro imports from Greece worth US$ 269 million, with a partner share of 7.21 percent.
  5. Montenegro imports from China worth US$ 183 million, with a partner share of 4.90 percent.

Montenegro Top 5 Productsexports imports at HS 6 digit level 2008

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$ 253,499.12 million.
  2. Montenegro exported Bars&rods,i/nas,hot rlld,drawn/extruded,cntg by , worth US$ 47,849.80 million.
  3. Montenegro exported Semi-finished products of alloy steel o/t stain , worth US$ 25,829.18 million.
  4. Montenegro exported Wine (not sparkling); grape must with by alcoho , worth US$ 25,617.79 million.
  5. Montenegro exported Bars/rods,i/nas,hr,in irreg wnd coils of circ c , worth US$ 21,471.47 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$ 314,826.30 million.
  2. Montenegro imported Electrical energy , worth US$ 168,600.72 million.
  3. Montenegro imported Automobiles with diesel engine displacing more , worth US$ 91,074.87 million.
  4. Montenegro imported Portland cement (excl. white) , worth US$ 52,346.92 million.
  5. Montenegro imported Waste and scrap, of alloy steel, other than sta , worth US$ 52,283.04 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Montenegro in 2008 are below

  • The maximum rate of tariff in percentage on any product was 1,385.43 percent.
  • The simple average tariff across all products was 3.68 percent.
  • The trade weighted average tariff was 5.75 .
  • The total duty free imports in thousands of US dollars were 1,836,489.57 and duty free tariff line items share was 50.37 percent.

Development Indicators 2008

Key Development Indicators of Montenegro in 2008 are below

  • Montenegro GDP in current US dollar was 4,546 million.
  • GNI per capita, Atlas method (current US$) was 6,470.00 .
  • Montenegro Trade balance: as % of GDP was -53.30.
  • Trade balance in current US$ was -2,423.00 million.
  • Trade as percentage of GDP was 132.34 .
  • Trade in services as percentage of GDP was 39.67 .

Trade Indicators 2008

Trade Indicators for Montenegro in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.19.
  • Index of export market penetration was 1.54.
  • World Growth in percentage was 7.43 and Montenegro Country Growth was 1.09 .