Montenegro Trade

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

Trade Indicator

HH Market concentration index0.06
Index of export market penetration1.95
World Growth12.59
Country Growth25.99

Service Indicators

Service imports (BoP, current US$)...
Service exports (BoP, current US$)...
Imports of goods and services (% of GDP)...
Exports of goods and services (% of GDP)...

Montenegro 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

Montenegro 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

Top 5 Products exports imports at HS 6 digit level

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
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

Tariff and Trade Barriers for Montenegro

Tariffs 2021

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

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)

GDP (current US$ Mil)...
GNI per capita, Atlas method (current US$)...
Trade Balance (current US$ Mil)...
Trade Balance (% of GDP)...

Doing Business

2019 Doing Business »
Ease of Doing Business Rank50
Trading Across Borders Rank41

Country Policy and Institutional Assessment (CPIA)

CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.38
LPI Rank123