Montenegro Trade at a Glance : Most Recent Values

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Montenegro monthly trade data
Montenegro quarterly trade data

Country / Region
For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.



Overall Exports and Imports

Exports (in US$ Mil) 354
No. Of products 1,601
No. Of partners 79
Imports (in US$ Mil) 2,263
No. Of products 3,724
No. Of partners 187

Trade Indicator

HH Market concentration index0.07
Index of export market penetration1.65
World Growth-4.43
Country Growth0.20

Service Indicators 2016

Service imports (BoP, current US$)529,665,343.28
Service exports (BoP, current US$)1,395,999,029.20
Imports of goods and services (% of GDP)65.67
Exports of goods and services (% of GDP)42.23

Montenegro top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Serbia, FR(Serbia/Montenegro)91 25.57
Hungary38 10.85
Unspecified31 8.87
Bosnia and Herzegovina29 8.31
China21 5.91
Exporter Trade (US$ Mil) Partner share(%)
Serbia, FR(Serbia/Montenegro)505 22.32
Germany237 10.48
China204 9.00
Italy168 7.43
Bosnia and Herzegovina124 5.46

Montenegro Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials68 19.28 214 9.47 5.61
Intermediate goods166 46.84 388 17.17 0.87
Consumer goods89 25.12 1,226 54.18 4.02
Capital goods31 8.76 434 19.18 0.39

Top 5 Products exports imports at HS 6 digit level

Aluminium unwrought, ...68,573.12
Electrical energy40,819.16
Aluminium ores and c ...18,041.64
Wine (not sparkling) ...16,081.13
Petroleum oils, etc, ...13,936.60
Petroleum oils, etc, ...139,120.96
Electrical energy49,736.28
Automobiles with die ...46,680.08
Other medicaments of ...42,184.81
Electric generating ...30,824.50

Tariff and Trade Barriers for Montenegro

Tariffs 2016

No. Of Tariff Agreement 15
Simple Average (%) 1.78
Duty Free Imports (US$ Thousand) 1,612,911.58
Maximum Rate (%) 47
Weighted Average (%) 3.01
Duty Free Tariff Lines Share (%) 71.53

Overall Trade Restrictiveness Index (OTRI) 2009

Overall Trade Restrictiveness Index - MFN Tariff (2009)0.09
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.07

Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index - Over All...

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2016 WDI »
GDP (current US$ Mil)4,173
GNI per capita, Atlas method (current US$)6,970.00
Trade Balance (current US$ Mil)-978.00
Trade Balance (% of GDP)-23.43

Doing Business

2018 Doing Business »
Ease of Doing Business Rank42
Trading Across Borders Rank44

Country Policy and Institutional Assessment (CPIA)

CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.38
LPI Rank123