Montenegro

PRODUCT EXPORTS (2018)

$475M

RANK 164 OF 222

EXPORTS PER CAPITA (2018)

$763

RANK 199 OF 219

PRODUCT IMPORTS (2018)

$3.51B

RANK 145 OF 221

IMPORTS PER CAPITA (2018)

$5.65K

RANK 140 of 219

SERVICE EXPORTS (2017)

$1.56B

RANK 94 OF 139

SERVICE IMPORTS (2017)

$582M

RANK 114 OF 139

GDP (2018)

$5.5B

CURRENT US$
RANK 152 OF 196

GDP GROWTH (2008-2018)

21.1%

CURRENT US$
RANK 124 OF 196

GDP PC (2018)

$8,844

CURRENT US$
RANK 83 OF 196

GDP PC GROWTH (2008-2018)

20%

Overview: This page contains the latest international trade data for Montenegro, including service trade data. In 2018 Montenegro was the number 152 economy in the world in terms of GDP (current US$), the number 164 in total exports, and the number 145 in total imports. In 2018, Montenegro exported $475M and imported $3.51B, resulting in a negative trade balance of -$3.04B. In 2018, Montenegro’s exports per capita were $763 and its imports per capita were $5.65k.

Trade: The top exports of Montenegro are Raw Aluminium ($87.8M), Packaged Medicaments ($52.4M), Cars ($25.2M), Aluminium Ore($18.2M), and Zinc Ore ($16.6M). The top imports of Montenegro are Refined Petroleum ($244M), Cars ($161M), Packaged Medicaments ($80.1M), Planes, Helicopters, and/or Spacecraft ($66.3M), and Broadcasting Equipment ($62.8M).

Destinations: Montenegro exports mostly to Serbia ($93.7M), Hungary ($55M), Bosnia and Herzegovina ($37.7M), Slovenia($28.9M), and Russia ($28M), and imports mostly from Serbia($884M), China ($272M), Bosnia and Herzegovina ($242M), Croatia($222M), and Italy ($210M).

Location: Montenegro borders Albania, Bosnia and Herzegovina, Croatia, and Serbia by land and Italy by sea.

Exports

In 2018 Montenegro exported a total of $475M, making it the number 164 exporter in the world. During the last five reported years the exports of Montenegro have changed by -$142M from $617M in 2013 to $475M in 2018.

The most recent exports are led by Raw Aluminium ($87.8M), Packaged Medicaments ($52.4M), Cars ($25.2M), Aluminium Ore ($18.2M), and Zinc Ore ($16.6M).

Imports

In 2018 Montenegro imported $3.51B, making it the number 145 trade destination in the world. During the last five reported years the imports of Montenegro changed by $945M from $2.57B in 2013 to $3.51B in 2018.

The most recent imports of Montenegro are led by Refined Petroleum ($244M), Cars ($161M), Packaged Medicaments ($80.1M), Planes, Helicopters, and/or Spacecraft ($66.3M), and Broadcasting Equipment ($62.8M).

Trade Balance

As of 2018 Montenegro had a negative trade balance of $2.26B in net imports.

Destinations

The most common destination for the exports of Montenegro are Serbia ($93.7M), Hungary ($55M), Bosnia and Herzegovina ($37.7M), Slovenia ($28.9M), and Russia ($28M).

Origins

The most common import partners for Montenegro are Serbia ($884M), China ($272M), Bosnia and Herzegovina ($242M), Croatia ($222M), and Italy ($210M).