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) 421
No. Of products 1,626
No. Of partners 80
Imports (in US$ Mil) 2,611
No. Of products 3,730
No. Of partners 179

Trade Indicator

HH Market concentration index0.06
Index of export market penetration1.73
World Growth1.50
Country Growth5.80

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)75 17.77
Bosnia and Herzegovina53 12.70
Unspecified39 9.38
Hungary36 8.53
Hong Kong, China36 8.53
Exporter Trade (US$ Mil) Partner share(%)
Serbia, FR(Serbia/Montenegro)562 21.52
China251 9.61
Germany222 8.51
Italy191 7.32
Bosnia and Herzegovina172 6.60

Montenegro Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials99 23.56 236 9.03 5.69
Intermediate goods180 42.82 520 19.92 0.79
Consumer goods99 23.43 1,405 53.82 4.20
Capital goods43 10.16 450 17.23 0.44

Top 5 Products exports imports at HS 6 digit level

Aluminium unwrought, ...79,940.25
Aluminium ores and c ...37,937.84
Electrical energy26,369.93
Petroleum oils, etc, ...20,416.03
Coniferous wood sawn ...16,206.75
Petroleum oils, etc, ...181,429.91
Electrical energy83,766.31
Automobiles with die ...62,774.87
Transmission apparat ...51,245.64
Other medicaments of ...49,592.92

Tariff and Trade Barriers for Montenegro

Tariffs 2017

No. Of Tariff Agreement 15
Simple Average (%) 1.77
Duty Free Imports (US$ Thousand) 1,660,863.28
Maximum Rate (%) 45
Weighted Average (%) 3.07
Duty Free Tariff Lines Share (%) 71.72

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