Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Montenegro
Montenegro
GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
4 790 8 481 -25.9 4 310 50.8
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
165 139 121 95
Imports
148 122 152 126
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.
Annual percentage change
2020 419 2 402
2010-2020 0 1
2020 0.00
Share in world total imports (%)
Share in world total exports (%)
2019 -2 -3
2020 -10 -17 2020 0.01
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 20.7
Fuels and mining products: 49.6
Agricultural products: 22.7
Fuels and mining products: 13
Manufactures: 28.9
Other: 0.8
Manufactures: 64.3
Other: 0.1
By main destination, % (2020)
By main origin, % (2020)
European Union: 36.2 Bosnia and Herzegovina: 6.2 Turkey: 3.8
Serbia: 28.3 China: 6.2 Other: 19.4
European Union: 44.1 China: 10.4 Turkey: 5.1
Serbia: 19.8 Bosnia and Herzegovina: 5.7 Other: 15
Agricultural Products Value
Top exported products (Million US$) HS2204 HS0210 HS1601 HS2402 HS2203
2020 . 13 11 4 4 4
Wine of fresh grapes Meat and edible meat offal, salted Sausages and similar products Cigars, cheroots, cigarillos Beer made from malt
Value
Top imported products (Million US$) HS0203 HS1905 HS2106 HS2202 HS0102
2020
Swine meat, fresh, chilled, frozen Bread, pastry, other bakers' wares Other food preparations Waters containing added sugar Live bovine animals
51 29 29 24 24
Share in economy's trade in agricultural products Exports 0%
20%
Imports 40%
0%
HS2204
HS0203
HS0210
HS1905
HS1601
HS2106
HS2402
HS2202
HS2203
HS0102
5%
10%
15%
Million US$ Exports Imports
Value
2020 60 533
Annual percentage change
2010-2020 -1 0
2019 -2 1
2020 1 -15
Non-Agricultural Products Value
Top exported products (Million US$) HS7601 HS2716 HS3004 HS4407 HS2606
2020
Unwrought aluminium Electrical energy Medicaments in measured doses Wood sawn or chipped lengthwise Aluminium ores and concentrates
64 57 28 24 22
Value
Top imported products (Million US$) HS2710 HS3004 HS8703 HS8525 HS2716
2020
Petroleum oils, other than crude Medicaments in measured doses Motor cars for transport of persons Radio-telephony transmission tools Electrical energy
119 93 79 55 47
Share in economy's trade in non-agricultural products Exports 0%
246
10%
Imports 20%
0%
HS7601
HS2710
HS2716
HS3004
HS3004
HS8703
HS4407
HS8525
HS2606
HS2716
5%
10%
Million US$ Exports Imports
Value
2020 350 1 862
Annual percentage change
2010-2020 -1 1
2019 0 -4
2020 -13 -18
World Trade Organization – Trade Profiles 2021
Montenegro TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2020
2010-2020
758 545 2020 0.02
Share in world total exports (%) Breakdown in economy's total exports
2019
2020
3 3
-60 -27
-3 3
2020 0.01
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2020)
By main services item, % (2020)
Transport: 39.7 Other commercial services: 37.8
Travel: 21.9 Goods-related services: 0.7
Transport: 46.5 Other commercial services: 47
By main destination
Travel: 5.5 Goods-related services: 1
By main origin
Value
FATS sales Inward (million US$) Outward (million US$)
Annual percentage change
2020 na na
2010-2020 na na
2019 na na
2020 na na
Transport Montenegro
300
World
200 100 0
2010
2013
2016
Value
Million US$ Exports Imports
2020 301 254
Exports By sea (2020) By air (2020) By other (2020)
2020
Transport exports (Index 2010=100)
Value 56 26 216
2010-2020 6 6
Share (%)
Annual percentage change 2019 6 11
Imports By sea (2020) By air (2020) By other (2020)
18.8 8.8 71.7
2020 -24 -23
Value 24 25 203
Share (%) 9.6 9.9 80.0
Travel Montenegro
200
World
Value
Million US$ Exports Imports
100 0
2010
2013
2016
2020 166 30
2010-2020 -14 -4
Annual percentage change 2019 5 -15
2020 -86 -49
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Million US$
Exports of OCS by main item (2020)
47.7
15.6 24.6
Other commercial services Exports Imports
Other business services ICTs
12.1
Value
Construction
2020
2010-2020
Other
2019
2020
-5 -1
5 -26
2010-2020
2019
2020
-13 -11
67 7
49 -49
286 256
7 2
2020
Goods-related services Exports Imports
Annual percentage change
5 5
INDUSTRIAL PROPERTY Patent applications, 2019 Residents
16
Non-residents
na
Trademark applications, 2019 Total
16
World Trade Organization – Trade Profiles 2021
Residents
111
Non-residents
2 934
Industrial design applications, 2019 Total
3 045
Residents
1
Non-residents
273
Total
274
247