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Montenegro Trade

Latest trade data available from various sources.
Montenegro monthly trade data
Montenegro quarterly trade data

Please note: The data from various sources are not from the same year.

Year
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.

TRADE SUMMARY FOR Montenegro

Overall Exports and Imports for Montenegro 2018

  • The total value of exports (FOB) is US$ 466 million.
  • The total value of imports (CIF) is US$ 3,003 million.
  • At the HS6 digit level, 1,723 products are exported to 93 countries and 3,691 products are imported from 182 countries.

Top 5 Products exports imports at HS 6 digit level 2018

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

  • Montenegro exported Aluminium unwrought, not alloyed , worth US$ 85,111.90 million.
  • Montenegro exported Electrical energy , worth US$ 60,789.92 million.
  • Montenegro exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 30,829.33 million.
  • Montenegro exported Other medicaments of mixed or unmixed products, , worth US$ 24,608.87 million.
  • Montenegro exported Aluminium ores and concentrates , worth US$ 17,919.01 million.

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 US$ 247,305.06 million.
  • Montenegro imported Automobiles with diesel engine displacing more , worth US$ 70,460.51 million.
  • Montenegro imported Other medicaments of mixed or unmixed products, , worth US$ 61,294.10 million.
  • Montenegro imported Electric generating sets, nes , worth US$ 48,244.58 million.
  • Montenegro imported Transmission apparatus, for radioteleph incorpo , worth US$ 44,037.45 million.

Montenegro top 5 Export and Import partners 2018

The top five countries to which Montenegro exported 2018 along with the partner share in percentage are:

  1. Montenegro exports to Serbia, FR(Serbia/Montenegro) worth US$ 110 million, with a partner share of 23.62 percent.
  2. Montenegro exports to Hungary worth US$ 55 million, with a partner share of 11.71 percent.
  3. Montenegro exports to Unspecified worth US$ 40 million, with a partner share of 8.62 percent.
  4. Montenegro exports to Bosnia and Herzegovina worth US$ 37 million, with a partner share of 7.84 percent.
  5. Montenegro exports to Slovenia worth US$ 33 million, with a partner share of 7.15 percent.

The top five countries to which Montenegro imported goods 2018 along with the share in percentage are

  1. Montenegro imports from Serbia, FR(Serbia/Montenegro) worth US$ 579 million, with a partner share of 19.30 percent.
  2. Montenegro imports from China worth US$ 302 million, with a partner share of 10.06 percent.
  3. Montenegro imports from Germany worth US$ 276 million, with a partner share of 9.20 percent.
  4. Montenegro imports from Italy worth US$ 224 million, with a partner share of 7.45 percent.
  5. Montenegro imports from Greece worth US$ 194 million, with a partner share of 6.45 percent.

Montenegro Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2018

Tariffs imposed by Montenegro in 2018 are below.

  • The maximum rate of tariff in percentage on any product is 45.
  • The simple average tariff across all products is 1.80.
  • The trade weighted average tariff is 2.84.
  • The total duty free imports in thousands of US dollars are 1,948,089.67 and duty free tariff line items share is 71.78.

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.07.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.09.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is not available.
  • No Of NTM Affected Products (HS 6 Digit) is not available.

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Montenegro World Development Indicators (WDI) 2019

Key Development Indicators of Montenegro in 2019 are below

WDI

Montenegro Doing Business 2019

  • The ease of doing business rank for Montenegro is 50.
  • The trade across border rank is 41.
Doing Business

Montenegro Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

MontenegroLogistics Performance Index (LPI) 2016

  • The LPI score for Montenegro in 2016 is 2.38.
  • The LPI rank is 123.
LPI

Montenegro Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Montenegro is not available.
SPRD