Annual International Trade Statistics by Country (HS02)
Publication date: 2021-08-09
Reporting period: 2002 - 2020
Timeseries: 177 million
Source:UN Comtrade
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Montenegro | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2008 - 2020

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Commodity Reporter Partner Trade flow Indicator 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2020
TOTAL. ALL COMMODITIES Montenegro World Exports Value (US$) 616 616 100.00 387 540 282.00 436 575 412.00 627 531 806.00 468 788 331.00 494 375 744.00 440 658 741.00 353 079 512.00 355 060 373.00 420 870 887.00 465 997 357.00 409 845 585.00
Value Growth, YoY (%) -1.544 -37.15 12.652 43.739 -25.296 5.458 -10.865 -19.874 0.561 18.535 10.722
Imports Value (US$) 3 731 167 872.00 2 313 139 288.00 2 181 940 294.00 2 544 044 492.00 2 336 353 472.00 2 348 872 515.00 2 366 751 420.00 2 050 169 682.00 2 282 529 249.00 2 610 535 972.00 3 002 864 021.00 2 394 119 591.00
Value Growth, YoY (%) 30.127 -38.004 -5.671 16.595 -8.163 0.535 0.761 -13.376 11.333 14.37 15.028

The value of merchandise exports from Montenegro totalled $ 409 million in 2020. (the value of merchandise exports from Montenegro amounted to $ in 2019)

Montenegro's exports 2020 by country

Top export destinations of commodities from Montenegro in 2020:

  • Serbia with a share of 28% (115 million US$)
  • Slovenia with a share of 9.97% (40 million US$)
  • Areas, nes with a share of 7.14% (29 million US$)
  • Hungary with a share of 6.29% (25 million US$)
  • Bosnia and Herzegovina with a share of 6.22% (25 million US$)
  • China with a share of 6.19% (25 million US$)
  • Germany with a share of 4.82% (19.7 million US$)
  • Turkey with a share of 3.76% (15.4 million US$)
  • Albania with a share of 3.62% (14.8 million US$)
  • Poland with a share of 3.32% (13.6 million US$)

Exports structure from Montenegro in 2020 represented by the following main commodity groups:

  • 16.6% (68 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 16.4% (67 million US$): 76 - Aluminum and articles thereof
  • 9.17% (37 million US$): 26 - Ores, slag and ash
  • 8.78% (36 million US$): 44 - Wood and articles of wood; wood charcoal
  • 6.73% (27 million US$): 30 - Pharmaceutical products
  • 5.57% (22 million US$): 72 - Iron and steel
  • 5.04% (20 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.23% (17.3 million US$): 22 - Beverages, spirits and vinegar
  • 3.35% (13.7 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 2.73% (11.2 million US$): 02 - Meat and edible meat offal

What did Montenegro export in 2020?

Montenegro's Top Exports in 2020:

  • 15.6% ($64 million): 7601 - Unwrought aluminium.
  • 13.9% ($57 million): 2716 - Electrical energy. (optional heading)
  • 6.72% ($27 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale.
  • 5.75% ($23 million): 4407 - Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6 mm.
  • 5.42% ($22 million): 2606 - Aluminium ores and concentrates.
  • 3.05% ($12.5 million): 2204 - Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.
  • 2.94% ($12 million): 2608 - Zinc ores and concentrates.
  • 2.57% ($10.5 million): 0210 - Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and
  • 2.54% ($10.4 million): 4401 - Fuel wood, in logs, in billets, in twigs, in faggots or in similar forms; wood in chips or particles; sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms.
  • 2.04% ($8.36 million): 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel.

The value of merchandise imports to Montenegro totalled $ 2.39 billion in 2020. (the value of merchandise imports to Montenegro was equal to $ in 2019)

Montenegro's imports 2020 by country

Top trading partners (import sources) of Montenegro in 2020:

  • Serbia with a share of 19.7% (473 million US$)
  • China with a share of 10.3% (248 million US$)
  • Germany with a share of 9.7% (232 million US$)
  • Italy with a share of 6.4% (153 million US$)
  • Bosnia and Herzegovina with a share of 5.67% (135 million US$)
  • Croatia with a share of 5.48% (131 million US$)
  • Turkey with a share of 5.14% (123 million US$)
  • Greece with a share of 4.37% (104 million US$)
  • France with a share of 2.1% (50 million US$)
  • Spain with a share of 2.08% (49 million US$)

Imports structure to Montenegro in 2020 represented by the following main commodity groups:

  • 8.52% (204 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 8.33% (199 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 7.96% (190 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 6.27% (150 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 5.35% (128 million US$): 30 - Pharmaceutical products
  • 3.76% (90 million US$): 73 - Articles of iron or steel
  • 3.35% (80 million US$): 02 - Meat and edible meat offal
  • 3.3% (79 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings
  • 3.26% (78 million US$): 39 - Plastics and articles thereof
  • 2.21% (53 million US$): 22 - Beverages, spirits and vinegar

What did Montenegro import in 2020?

Montenegro's Top Imports in 2020:

  • 4.97% ($119 million): 2710 - Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils.
  • 3.9% ($93 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale.
  • 3.29% ($78 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
  • 2.29% ($54 million): 8525 - Transmission apparatus for radio-telephony, radio-telegraphy, radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras; still image video cameras and other video camera recorders; digital cameras.
  • 2.12% ($50 million): 0203 - Meat of swine, fresh, chilled or frozen.
  • 1.95% ($46 million): 2716 - Electrical energy. (optional heading)
  • 1.65% ($39 million): 2523 - Portland cement, aluminous cement, slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers.
  • 1.42% ($34 million): 9403 - Other furniture and parts thereof.
  • 1.41% ($33 million): 7308 - Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge?sections, lock?gates, towers, lattice masts, roofs, roofing frame?works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel.
  • 1.2% ($28 million): 1905 - Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products.

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Montenegro | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2008 - 2020