Montenegro Trade Summary

2021 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): 516
No. Of products: 1,700
No. Of partners: 107
Importsmore »
Imports (in US$ Mil): 2,946
No. Of products: 3,681
No. Of partners: 180

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Electrical energy75,874.10
Aluminium unwrought, ...50,183.47
Aluminium unwrought, ...45,622.58
Coniferous wood sawn ...26,934.24
Other medicaments of ...26,888.65
Imports (US$ Thousands)
Petroleum oils, etc, ...214,277.62
Other medicaments of ...90,464.45
Electrical energy83,279.90
Automobiles with die ...54,094.05
Transmission apparat ...44,427.41

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Serbia, FR(Serbia/Montenegro)127 24.59
Switzerland59 11.53
Bosnia and Herzegovina39 7.65
Unspecified35 6.70
Italy30 5.80
Exporter Trade (US$ Mil) Partner share(%)
Serbia, FR(Serbia/Montenegro)592 20.08
China290 9.84
Germany273 9.26
Italy184 6.24
Greece174 5.92

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials101 19.65 266 9.02 6.34
Intermediate goods246 47.66 589 20.00 0.95
Consumer goods118 22.85 1,647 55.91 3.98
Capital goods51 9.84 444 15.08 0.46

Trade Indicators

more »
HH Market concentration index: 0.06
Index of export market penetration: 1.95
World Growth: 12.50
Country Growth: 24.45

Tariffs

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No Of Tariff Agreement: 15
Maximum Rate (%): 45.30
Simple Average (%): 1.97
Weighted Average (%): 3.19
Duty Free Imports (US$ Thousand): 1,853,487.48
Duty Free Tariff Lines Share (%): 68.13

Development Indicators

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GDP (current US$): 5,861
GNI per capita, Atlas method (current US$): 9,370.00
Trade Balance (% of GDP): -19.36
Trade Balance (current US$ Mil): -1,135.00
Trade in services (% of GDP): 44.98
Trade (% of GDP): 105.03