Montenegro Trade Summary

2019 Data

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

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 463
No. Of products: 1,700
No. Of partners: 99
Importsmore »
Imports (in US$ Mil): 2,908
No. Of products: 3,697
No. Of partners: 184

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...69,364.63
Electrical energy63,579.67
Petroleum oils, etc, ...29,788.39
Other medicaments of ...25,284.45
Coniferous wood sawn ...21,765.07
Imports (US$ Thousands)
Petroleum oils, etc, ...220,955.56
Other medicaments of ...70,365.49
Electrical energy69,043.02
Automobiles with die ...62,581.79
Transmission apparat ...46,967.55

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Serbia, FR(Serbia/Montenegro)121 26.08
Unspecified52 11.21
Hungary50 10.86
Bosnia and Herzegovina33 7.21
Slovenia28 6.15
Exporter Trade (US$ Mil) Partner share(%)
Serbia, FR(Serbia/Montenegro)596 20.48
Germany260 8.93
China231 7.93
Italy206 7.08
Bosnia and Herzegovina186 6.40

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials84 18.06 257 8.83 1.92
Intermediate goods210 45.24 537 18.45 0.16
Consumer goods133 28.68 1,639 56.34 1.41
Capital goods37 8.02 476 16.38 0.25

Trade Indicators

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HH Market concentration index: 0.07
Index of export market penetration: 1.86
World Growth: -1.34
Country Growth: -2.57

Tariffs

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No Of Tariff Agreement: 15
Maximum Rate (%): 45.03
Simple Average (%): 1.51
Weighted Average (%): 0.99
Duty Free Imports (US$ Thousand): 2,340,595.37
Duty Free Tariff Lines Share (%): 75.81

Development Indicators

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GDP (current US$): 5,542
GNI per capita, Atlas method (current US$): 9,140.00
Trade Balance (% of GDP): -21.15
Trade Balance (current US$ Mil): -1,172.00
Trade in services (% of GDP): 48.22
Trade (% of GDP): 108.84