Overall Exports and Imports for Montenegro 2022
- The total value of exports (FOB) is US$ 736 million.
- The total value of imports (CIF) is US$ 3,722 million.
- At the HS6 digit level, 1,721 products are exported to 104 countries and 3,742 products are imported from 175 countries.
Top 5 Products exports imports at HS 6 digit level 2022
The top five exported HS 6 digit level products to world by Montenegro along with trade value are:
- Montenegro exported Electrical energy , worth 178,949.88 (US$ Thousands).
- Montenegro exported Aluminium unwrought, not alloyed , worth 102,377.90 (US$ Thousands).
- Montenegro exported Aluminium unwrought, alloyed , worth 77,192.25 (US$ Thousands).
- Montenegro exported Other medicaments of mixed or unmixed products, , worth 33,698.15 (US$ Thousands).
- Montenegro exported Petroleum oils, etc, (excl. crude); preparation , worth 28,955.84 (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 403,934.99 (US$ Thousands).
- Montenegro imported Electrical energy , worth 220,296.04 (US$ Thousands).
- Montenegro imported Aluminium unwrought, not alloyed , worth 118,228.59 (US$ Thousands).
- Montenegro imported Other medicaments of mixed or unmixed products, , worth 94,306.00 (US$ Thousands).
- Montenegro imported Automobiles with diesel engine displacing more , worth 68,282.49 (US$ Thousands).
Montenegro top 5 Export and Import partners 2022
The top five countries to which Montenegro exported 2022 along with the partner share in percentage are:
- Montenegro exports to Serbia, FR(Serbia/Montenegro) worth US$ 157 million, with a partner share of 21.34 percent.
- Montenegro exports to Switzerland worth US$ 114 million, with a partner share of 15.42 percent.
- Montenegro exports to Bosnia and Herzegovina worth US$ 95 million, with a partner share of 12.93 percent.
- Montenegro exports to Slovenia worth US$ 54 million, with a partner share of 7.29 percent.
- Montenegro exports to Luxembourg worth US$ 39 million, with a partner share of 5.24 percent.
The top five countries to which Montenegro imported goods 2022 along with the share in percentage are
- Montenegro imports from Serbia, FR(Serbia/Montenegro) worth US$ 648 million, with a partner share of 17.41 percent.
- Montenegro imports from China worth US$ 348 million, with a partner share of 9.34 percent.
- Montenegro imports from Greece worth US$ 311 million, with a partner share of 8.34 percent.
- Montenegro imports from Germany worth US$ 286 million, with a partner share of 7.68 percent.
- Montenegro imports from Croatia worth US$ 226 million, with a partner share of 6.07 percent.
Montenegro Exports and Imports of Product Groups 2022
Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import.
- Montenegro Raw materials exports are worth US$ 90 million, product share of 12.25%.
- Montenegro Raw materials imports are worth US$ 311 million, product share of 8.36%.
- Montenegro Intermediate goods exports are worth US$ 438 million, product share of 59.52%.
- Montenegro Intermediate goods imports are worth US$ 821 million, product share of 22.06%.
- Montenegro Consumer goods exports are worth US$ 148 million, product share of 20.11%.
- Montenegro Consumer goods imports are worth US$ 2,045 million, product share of 54.93%.
- Montenegro Capital goods exports are worth US$ 60 million, product share of 8.12%.
- Montenegro Capital goods imports are worth US$ 546 million, product share of 14.66%.
Montenegro Trade Indicators 2022
- Hirschman Herfindahl Market concentration index is 0.31.
- Index of export market penetration is 0.31.
- World Growth in percentage is 0.31 and Montenegro Country Growth is 72.26.
Montenegro Service Trade data from WDI 2022
- Montenegro, Service imports (BoP, current US$) is 1,018,072,392.33.
- Montenegro, Service exports (BoP, current US$) is 2,370,474,660.28.
- Montenegro, Imports of goods and services as percentage of GDP is 75.97 %.
- Montenegro, Exports of goods and services as percentage of GDP is 52.68 %.