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Montenegro Trade Summary

2011

Montenegro exports, imports, tariff by year.
Montenegro monthly trade data
Montenegro quarterly trade data

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.

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TRADE SUMMARY FOR MONTENEGRO 2011

Overall Exports and Imports for Montenegro 2011

Exports and imports of Montenegro in 2011 are below, along with number of countries and products

  • The total value of exports (FoB) was 628 million.
  • The total value of imports (CIF) was 2,544 million.
  • At the HS6 digit level, 1,579 products were exported to 67 countries and 3,640 products were imported from 170 countries.

Montenegro top 5 Export and Import partners 2011

Top five countries to which Montenegro exported in 2011 are below, along with the percent of total exports that went to that country:

  1. Montenegro exports to Serbia, FR(Serbia/Montenegro) worth US$ 111 million, with a partner share of 17.68 percent.
  2. Montenegro exports to Hungary worth US$ 107 million, with a partner share of 17.02 percent.
  3. Montenegro exports to Croatia worth US$ 64 million, with a partner share of 10.16 percent.
  4. Montenegro exports to Greece worth US$ 55 million, with a partner share of 8.70 percent.
  5. Montenegro exports to Italy worth US$ 43 million, with a partner share of 6.88 percent.

Top five countries from which Montenegro imported goods in 2011 are below, along with percent of total imports that came from the country :

  1. Montenegro imports from Serbia, FR(Serbia/Montenegro) worth US$ 724 million, with a partner share of 28.45 percent.
  2. Montenegro imports from Greece worth US$ 201 million, with a partner share of 7.91 percent.
  3. Montenegro imports from Bosnia and Herzegovina worth US$ 194 million, with a partner share of 7.61 percent.
  4. Montenegro imports from Italy worth US$ 150 million, with a partner share of 5.89 percent.
  5. Montenegro imports from Germany worth US$ 146 million, with a partner share of 5.73 percent.

Montenegro Top 5 Productsexports imports at HS 6 digit level 2011

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$ 253,126.31 million.
  2. Montenegro exported Electrical energy , worth US$ 68,221.37 million.
  3. Montenegro exported Wine (not sparkling); grape must with by alcoho , worth US$ 25,552.98 million.
  4. Montenegro exported Ferrous waste and scrap, iron or steel, nes , worth US$ 24,300.19 million.
  5. Montenegro exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 15,680.58 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$ 252,352.50 million.
  2. Montenegro imported Electrical energy , worth US$ 152,092.18 million.
  3. Montenegro imported Aluminium oxide, other than artificial corundum , worth US$ 83,249.04 million.
  4. Montenegro imported Other medicaments of mixed or unmixed products, , worth US$ 46,927.16 million.
  5. Montenegro imported Automobiles with diesel engine displacing more , worth US$ 45,203.78 million.

Exports and Imports of Product Groups 2011

Exports and imports of products by stages of processing in 2011 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2011

Tariffs imposed by Montenegro in 2011 are below

  • The maximum rate of tariff in percentage on any product was 1,347.19 percent.
  • The simple average tariff across all products was 3.26 percent.
  • The trade weighted average tariff was 6.16 .
  • The total duty free imports in thousands of US dollars were 1,317,793.12 and duty free tariff line items share was 50.60 percent.

Development Indicators 2011

Key Development Indicators of Montenegro in 2011 are below

  • Montenegro GDP in current US dollar was 4,544 million.
  • GNI per capita, Atlas method (current US$) was 7,260.00 .
  • Montenegro Trade balance: as % of GDP was -21.96.
  • Trade balance in current US$ was -998.00 million.
  • Trade as percentage of GDP was 106.66 .
  • Trade in services as percentage of GDP was 37.47 .

Trade Indicators 2011

Trade Indicators for Montenegro in 2011 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 1.63.
  • World Growth in percentage was 9.25 and Montenegro Country Growth was 6.74 .