Exporter Rank

109 / 121

Importer Rank

102 / 121

Trade Balance Rank

69 / 121

Total Trade [1]

Total Exports (2017) $420,870,887
Total Imports (2017) $2,610,535,972
Trade Balance (2017) ($2,189,665,085)
Exports of goods and services (% of GDP) (2017) [2] 41.02%
Imports of goods and services (% of GDP) (2017) [2] 65.18%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Serbia $74,767,558
Bosnia and Herzegovina $53,462,183
Hungary $35,897,637
Hong Kong $35,889,473
Turkey $25,242,156
Slovenia $22,641,221
Poland $17,278,456
Italy $14,840,399
Latvia $12,562,961
Albania $12,399,859

Import Partners

Top 10 Import Countries

Country Import USD$
Serbia $561,775,316
China $250,931,397
Germany $222,238,921
Italy $191,204,270
Bosnia and Herzegovina $172,207,865
Greece $153,219,249
Croatia $148,613,407
Turkey $80,582,523
Slovenia $62,564,292
France $59,630,772

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(76) Aluminum $84,985,553
(26) Ores $58,842,826
(27) Oil & Mineral Fuels $52,101,218
(44) Wood $34,675,120
(72) Iron & Steel $27,370,845
(22) Beverages $22,361,809
(84) Industrial Machinery $18,237,313
(89) Ships & Boats $15,698,531
(30) Pharmaceuticals $13,278,449
(02) Meat $9,456,191

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $290,152,935
(85) Electrical Machinery $216,782,709
(84) Industrial Machinery $214,418,932
(87) Motor Vehicles & Parts $187,444,437
(73) Iron & Steel Articles $109,375,080
(02) Meat $93,657,734
(30) Pharmaceuticals $82,032,291
(94) Furniture $79,514,220
(39) Plastics $77,350,253
(22) Beverages $73,152,931

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 12/1/2018
Montenegro