Montenegro Trade Summary

2020 Data

Montenegro exports, imports, tariff by year.

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): 410
No. Of products: 1,699
No. Of partners: 96
Importsmore »
Imports (in US$ Mil): 2,394
No. Of products: 3,657
No. Of partners: 174

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Aluminium unwrought, ...60,606.93
Electrical energy57,003.49
Other medicaments of ...27,532.34
Aluminium ores and c ...22,231.03
Coniferous wood sawn ...17,910.04
Imports (US$ Thousands)
Petroleum oils, etc, ...119,201.66
Other medicaments of ...75,704.97
Transmission apparat ...51,667.19
Electrical energy46,772.22
Automobiles with die ...39,037.77

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Serbia, FR(Serbia/Montenegro)116 28.25
Slovenia41 9.98
Unspecified29 7.15
Hungary26 6.30
Bosnia and Herzegovina26 6.23
Exporter Trade (US$ Mil) Partner share(%)
Serbia, FR(Serbia/Montenegro)473 19.76
China249 10.39
Germany232 9.70
Italy153 6.41
Bosnia and Herzegovina136 5.68

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials79 19.37 215 9.00 3.07
Intermediate goods186 45.48 438 18.31 0.88
Consumer goods109 26.51 1,287 53.77 3.47
Capital goods35 8.64 453 18.93 0.48

Trade Indicators

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HH Market concentration index: 0.06
Index of export market penetration: 1.81
World Growth: -3.75
Country Growth: 2.45

Tariffs

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No Of Tariff Agreement: 15
Maximum Rate (%): 30
Simple Average (%): 1.74
Weighted Average (%): 2.59
Duty Free Imports (US$ Thousand): 1,573,567.66
Duty Free Tariff Lines Share (%): 70.36

Development Indicators

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GDP (current US$): 4,770
GNI per capita, Atlas method (current US$): 7,900.00
Trade Balance (% of GDP): -35.01
Trade Balance (current US$ Mil): -1,670.00
Trade in services (% of GDP): 28.36
Trade (% of GDP): 87.01