Montenegro Trade

Overall Exports and Imports for Montenegro 2023

The total value of exports (FOB) is US$ 723 million.
The total value of imports (CIF) is US$ 4,116 million.
At the HS6 digit level, 1,633 products are exported to 117 countries and 3,755 products are imported from 189 countries.

Top 5 Products exports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Montenegro along with trade value are:

Montenegro exported Electrical energy , worth 223,757.99 (US$ Thousands).
Montenegro exported Aluminium unwrought, alloyed , worth 67,224.13 (US$ Thousands).
Montenegro exported Other medicaments of mixed or unmixed products, , worth 44,798.34 (US$ Thousands).
Montenegro exported Petroleum oils, etc, (excl. crude); preparation , worth 27,756.44 (US$ Thousands).
Montenegro exported Coniferous wood sawn or chipped lengthwise, sli , worth 25,931.27 (US$ Thousands).

The top five imported HS 6 digit level products from world by Montenegro along with trade value are

Montenegro imported Petroleum oils, etc, (excl. crude); preparation , worth 340,182.43 (US$ Thousands).
Montenegro imported Other medicaments of mixed or unmixed products, , worth 117,851.72 (US$ Thousands).
Montenegro imported Automobiles with diesel engine displacing more , worth 113,579.76 (US$ Thousands).
Montenegro imported Transmission apparatus, for radioteleph incorpo , worth 67,643.61 (US$ Thousands).
Montenegro imported Electrical energy , worth 63,208.22 (US$ Thousands).

Montenegro top 5 Export and Import partners 2023

The top five countries to which Montenegro exported 2023 along with the partner share in percentage are:

Montenegro exports to Serbia, FR(Serbia/Montenegro) worth US$ 206 million, with a partner share of 28.56 percent.
Montenegro exports to Bosnia and Herzegovina worth US$ 82 million, with a partner share of 11.30 percent.
Montenegro exports to Slovenia worth US$ 79 million, with a partner share of 11.00 percent.
Montenegro exports to Unspecified worth US$ 39 million, with a partner share of 5.43 percent.
Montenegro exports to Czech Republic worth US$ 32 million, with a partner share of 4.44 percent.

The top five countries to which Montenegro imported goods 2023 along with the share in percentage are

Montenegro imports from Serbia, FR(Serbia/Montenegro) worth US$ 716 million, with a partner share of 17.38 percent.
Montenegro imports from China worth US$ 459 million, with a partner share of 11.16 percent.
Montenegro imports from Germany worth US$ 398 million, with a partner share of 9.67 percent.
Montenegro imports from Greece worth US$ 266 million, with a partner share of 6.45 percent.
Montenegro imports from Italy worth US$ 253 million, with a partner share of 6.15 percent.

Montenegro Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.

Montenegro Raw materials exports are worth US$ 85 million, product share of 11.77%.
Montenegro Raw materials imports are worth US$ 389 million, product share of 9.46%.
Montenegro Intermediate goods exports are worth US$ 389 million, product share of 53.84%.
Montenegro Intermediate goods imports are worth US$ 653 million, product share of 15.87%.
Montenegro Consumer goods exports are worth US$ 184 million, product share of 25.45%.
Montenegro Consumer goods imports are worth US$ 2,432 million, product share of 59.07%.
Montenegro Capital goods exports are worth US$ 65 million, product share of 8.93%.
Montenegro Capital goods imports are worth US$ 642 million, product share of 15.60%.