Looking for the latest data? Try OEC Pro

Looking for commercial partners in Montenegro? List your company on Macro Market.

Montenegro is the 160th largest export economy in the world. In 2017, Montenegro exported $506M and imported $2.76B, resulting in a negative trade balance of $2.26B. In 2017 the GDP of Montenegro was $4.84B and its GDP per capita was $19.4k.

The top exports of Montenegro are Aluminium Ore ($88.6M), Raw Aluminium ($83.2M), Special Purpose Ships ($33.3M), Cars ($24.8M) and Packaged Medicaments ($19M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($176M), Cars ($133M), Electrical Transformers ($66.3M), Packaged Medicaments ($64.7M) and Broadcasting Equipment ($58.5M).

The top export destinations of Montenegro are Serbia ($65.1M), China ($58M), Bosnia and Herzegovina ($54.6M), Hong Kong ($36.9M) and Hungary ($36.2M). The top import origins are Serbia ($678M), China ($283M), Germany ($203M), Bosnia and Herzegovina ($198M) and Italy ($189M).

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

Economic Complexity of Montenegro

More on Montenegro from our other sites