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Montenegro Trade Summary

2014

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.

Imports/Exports


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TRADE SUMMARY FOR MONTENEGRO 2014

Overall Exports and Imports for Montenegro 2014

Exports and imports of Montenegro in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 441 million.
  • The total value of imports (CIF) was 2,367 million.
  • At the HS6 digit level, 1,690 products were exported to 80 countries and 3,655 products were imported from 172 countries.

Montenegro top 5 Export and Import partners 2014

Top five countries to which Montenegro exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Montenegro exports to Serbia, FR(Serbia/Montenegro) worth US$ 106 million, with a partner share of 24.01 percent.
  2. Montenegro exports to Italy worth US$ 46 million, with a partner share of 10.45 percent.
  3. Montenegro exports to Croatia worth US$ 44 million, with a partner share of 9.94 percent.
  4. Montenegro exports to Belarus worth US$ 44 million, with a partner share of 9.92 percent.
  5. Montenegro exports to Bosnia and Herzegovina worth US$ 42 million, with a partner share of 9.56 percent.

Top five countries from which Montenegro imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Montenegro imports from Serbia, FR(Serbia/Montenegro) worth US$ 638 million, with a partner share of 26.94 percent.
  2. Montenegro imports from Greece worth US$ 192 million, with a partner share of 8.10 percent.
  3. Montenegro imports from China worth US$ 176 million, with a partner share of 7.44 percent.
  4. Montenegro imports from Bosnia and Herzegovina worth US$ 168 million, with a partner share of 7.10 percent.
  5. Montenegro imports from Italy worth US$ 154 million, with a partner share of 6.50 percent.

Montenegro Top 5 Productsexports imports at HS 6 digit level 2014

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 94,876.79 (US$ Thousands).
  2. Montenegro exported Electrical energy , worth 49,937.87 (US$ Thousands).
  3. Montenegro exported Frozen swine meat, nes , worth 41,945.86 (US$ Thousands).
  4. Montenegro exported Wine (not sparkling); grape must with by alcoho , worth 17,749.37 (US$ Thousands).
  5. Montenegro exported Ferrous waste and scrap, iron or steel, nes , worth 16,190.77 (US$ Thousands).

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 231,530.51 (US$ Thousands).
  2. Montenegro imported Electrical energy , worth 51,247.67 (US$ Thousands).
  3. Montenegro imported Other medicaments of mixed or unmixed products, , worth 46,900.32 (US$ Thousands).
  4. Montenegro imported Automobiles with diesel engine displacing more , worth 44,689.59 (US$ Thousands).
  5. Montenegro imported Fresh or chilled unboned hams, shoulders and cu , worth 36,111.74 (US$ Thousands).

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Montenegro in 2014 are below

  • The maximum rate of tariff in percentage on any product was 51 percent.
  • The simple average tariff across all products was 2.05 percent.
  • The trade weighted average tariff was 3.63 .
  • The total duty free imports in thousands of US dollars were 1,624,719.95 and duty free tariff line items share was 69.14 percent.

Development Indicators 2014

Key Development Indicators of Montenegro in 2014 are below

  • Montenegro GDP in current US dollar was 4,594 million.
  • GNI per capita, Atlas method (current US$) was 7,320.00 .
  • Montenegro Trade balance: as % of GDP was -19.84.
  • Trade balance in current US$ was -911.00 million.
  • Trade as percentage of GDP was 100.13 .
  • Trade in services as percentage of GDP was 39.62 .

Trade Indicators 2014

Trade Indicators for Montenegro in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 1.69.
  • World Growth in percentage was 0.08 and Montenegro Country Growth was 3.94 .