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Montenegro Trade Summary

2015

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


Products

TRADE SUMMARY FOR MONTENEGRO 2015

Overall Exports and Imports for Montenegro 2015

Exports and imports of Montenegro in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 353 million.
  • The total value of imports (CIF) was 2,050 million.
  • At the HS6 digit level, 1,621 products were exported to 77 countries and 3,644 products were imported from 183 countries.

Montenegro top 5 Export and Import partners 2015

Top five countries to which Montenegro exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Montenegro exports to Serbia, FR(Serbia/Montenegro) worth US$ 78 million, with a partner share of 22.14 percent.
  2. Montenegro exports to Italy worth US$ 45 million, with a partner share of 12.63 percent.
  3. Montenegro exports to Unspecified worth US$ 33 million, with a partner share of 9.46 percent.
  4. Montenegro exports to Bosnia and Herzegovina worth US$ 33 million, with a partner share of 9.26 percent.
  5. Montenegro exports to Turkey worth US$ 24 million, with a partner share of 6.74 percent.

Top five countries from which Montenegro imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Montenegro imports from Serbia, FR(Serbia/Montenegro) worth US$ 577 million, with a partner share of 28.15 percent.
  2. Montenegro imports from China worth US$ 211 million, with a partner share of 10.30 percent.
  3. Montenegro imports from Bosnia and Herzegovina worth US$ 134 million, with a partner share of 6.52 percent.
  4. Montenegro imports from Italy worth US$ 131 million, with a partner share of 6.39 percent.
  5. Montenegro imports from Germany worth US$ 130 million, with a partner share of 6.32 percent.

Montenegro Top 5 Productsexports imports at HS 6 digit level 2015

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 76,097.60 (US$ Thousands).
  2. Montenegro exported Electrical energy , worth 33,035.47 (US$ Thousands).
  3. Montenegro exported Petroleum oils, etc, (excl. crude); preparation , worth 16,914.81 (US$ Thousands).
  4. Montenegro exported Wine (not sparkling); grape must with by alcoho , worth 16,770.33 (US$ Thousands).
  5. Montenegro exported Bars&rods,i/nas,hot rlld,drawn/extruded,cntg by , worth 16,236.70 (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 154,798.16 (US$ Thousands).
  2. Montenegro imported Electrical energy , worth 45,105.68 (US$ Thousands).
  3. Montenegro imported Other medicaments of mixed or unmixed products, , worth 42,390.05 (US$ Thousands).
  4. Montenegro imported Automobiles with diesel engine displacing more , worth 40,743.30 (US$ Thousands).
  5. Montenegro imported Aluminium oxide, other than artificial corundum , worth 28,243.43 (US$ Thousands).

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Montenegro in 2015 are below

  • The maximum rate of tariff in percentage on any product was 49 percent.
  • The simple average tariff across all products was 2.05 percent.
  • The trade weighted average tariff was 3.69 .
  • The total duty free imports in thousands of US dollars were 1,355,350.40 and duty free tariff line items share was 68.39 percent.

Development Indicators 2015

Key Development Indicators of Montenegro in 2015 are below

  • Montenegro GDP in current US dollar was 4,055 million.
  • GNI per capita, Atlas method (current US$) was 7,260.00 .
  • Montenegro Trade balance: as % of GDP was -18.45.
  • Trade balance in current US$ was -748.00 million.
  • Trade as percentage of GDP was 102.69 .
  • Trade in services as percentage of GDP was 44.84 .

Trade Indicators 2015

Trade Indicators for Montenegro in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 1.65.
  • World Growth in percentage was -6.31 and Montenegro Country Growth was -20.84 .