Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Montenegro | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2007 - 2018

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The value of merchandise exports from Montenegro totalled $ 465 million in 2018. Merchandise exports from Montenegro increased by 10.7% compared to 2017. Goods exports grew up by $ 45 million in 2018 (the value of merchandise exports from Montenegro amounted to $420 million in 2017)

Montenegro's exports 2018 by country

Top export destinations of commodities from Montenegro in 2018:

  • Serbia with a share of 23% (110 million US$)
  • Hungary with a share of 11.7% (54 million US$)
  • Areas, nes with a share of 8.62% (40 million US$)
  • Bosnia and Herzegovina with a share of 7.84% (36 million US$)
  • Slovenia with a share of 7.14% (33 million US$)
  • Poland with a share of 4.45% (20 million US$)
  • Czech Republic with a share of 4.42% (20 million US$)
  • China with a share of 3.55% (16.5 million US$)
  • Italy with a share of 3.51% (16.3 million US$)
  • Germany with a share of 3.29% (15.3 million US$)

Exports structure from Montenegro in 2018 represented by the following main commodity groups:

  • 20% (96 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 19.5% (91 million US$): 76 - Aluminum and articles thereof
  • 7.62% (35 million US$): 26 - Ores, slag and ash
  • 7.38% (34 million US$): 44 - Wood and articles of wood; wood charcoal
  • 7.36% (34 million US$): 72 - Iron and steel
  • 5.39% (25 million US$): 30 - Pharmaceutical products
  • 5.02% (23 million US$): 22 - Beverages, spirits and vinegar
  • 4.04% (18.8 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 2.49% (11.6 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 1.97% (9.18 million US$): 02 - Meat and edible meat offal

What did Montenegro export in 2018?

Montenegro's Top Exports in 2018:

  • 18.6% ($86 million): 7601 - Unwrought aluminium
  • 13% ($60 million): 2716 - Electrical energy. (optional heading)
  • 6.61% ($30 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 5.38% ($25 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
  • 5.06% ($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
  • 3.84% ($17.9 million): 2606 - Aluminium ores and concentrates
  • 3.55% ($16.5 million): 2608 - Zinc ores and concentrates
  • 3.35% ($15.6 million): 7228 - Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel
  • 3.35% ($15.6 million): 2204 - Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.
  • 2.63% ($12.2 million): 8483 - Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, including torque converters; flywheels and pulleys, including pulley blocks; clutches and shaft couplings (including universal joints)

The value of merchandise imports to Montenegro totalled $ 3 billion in 2018. Merchandise imports to Montenegro increased by 15% compared to 2017. Goods imports grew up by $ 392 million in 2018 (the value of merchandise imports to Montenegro was equal to $2.61 billion in 2017)

Montenegro's imports 2018 by country

Top trading partners (import sources) of Montenegro in 2018:

  • Serbia with a share of 19.2% (579 million US$)
  • China with a share of 10% (302 million US$)
  • Germany with a share of 9.19% (276 million US$)
  • Italy with a share of 7.45% (223 million US$)
  • Greece with a share of 6.45% (193 million US$)
  • Bosnia and Herzegovina with a share of 6.1% (183 million US$)
  • Croatia with a share of 5.99% (180 million US$)
  • Turkey with a share of 3.44% (103 million US$)
  • Slovenia with a share of 2.23% (67 million US$)
  • France with a share of 2.04% (61 million US$)

Imports structure to Montenegro in 2018 represented by the following main commodity groups:

  • 10.7% (322 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 8.8% (264 million US$): 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
  • 7.52% (225 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 7.49% (225 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.07% (122 million US$): 73 - Articles of iron or steel
  • 3.36% (101 million US$): 02 - Meat and edible meat offal
  • 3.3% (99 million US$): 30 - Pharmaceutical products
  • 3.16% (95 million US$): 39 - Plastics and articles thereof
  • 3.07% (92 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 2.78% (83 million US$): 72 - Iron and steel

What did Montenegro import in 2018?

Montenegro's Top Imports in 2018:

  • 8.23% ($247 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 4.31% ($129 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
  • 2.57% ($77 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
  • 2.07% ($62 million): 2523 - Portland cement, aluminous cement, slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers
  • 1.95% ($58 million): 0203 - Meat of swine, fresh, chilled or frozen.
  • 1.82% ($54 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 1.72% ($51 million): 8502 - Electric generating sets and rotary converters
  • 1.56% ($47 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
  • 1.45% ($43 million): 9403 - Other furniture and parts thereof
  • 1.45% ($43 million): 2716 - Electrical energy. (optional heading)

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Montenegro | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2007 - 2018