Montenegro Trade '22

Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services

Trade Profiles 2022

GDP (million current US$, 2021) 5 813 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 8 650 Merchandise 165 147 Current account balance (% GDP, 2021) -9.2 excluding intra-EU trade 139 121 Trade per capita (US$, 2019-2021) 4 339 Commercial services 109 148 Trade (% GDP, 2019-2021) 50.2 excluding intra-EU trade 83 122 Value Million US$ 2021 515 2 956 2021 2021 0.00 0.01 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS2204 Wine of fresh grapes 14 HS0203 Swine meat, fresh, chilled, frozen 55 HS0210 Meat and edible meat offal, salted 14 HS1905 Bread, pastry, other bakers' wares 38 HS2402 Cigars, cheroots, cigarillos 9 HS2106 Other food preparations 37 HS0811 Fruit and nuts, uncooked or cooked 5 HS2202 Waters containing added sugar 36 HS1601 Sausages and similar products 4 HS0102 Live bovine animals 32 Share in economy's trade in agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 75 1 1 25 Imports 687 3 -15 29 Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS7601 Unwrought aluminium 96 HS2710 Petroleum oils, other than crude 214 HS2716 Electrical energy 76 HS3004 Medicaments in measured doses 114 HS4407 Wood sawn or chipped lengthwise 33 HS8703 Motor cars for transport of persons 109 HS3004 Medicaments in measured doses 27 HS2716 Electrical energy 83 HS7204 Ferrous waste and scrap 26 HS3002 Human and animal blood 62 Share in economy's trade in non-agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 441 2 -13 26 Imports 2 259 3 -18 21 By main commodity group, % (2020) By main destination, % (2021) By main origin, % (2021) Annual percentage change Annual percentage change

Merchandise exports, f.o.b. 2 -10 23 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 3 -17 23 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) 0% 10% 20% 30% HS7601 HS2716 HS4407 HS3004 HS7204 Exports 0% 5% 10% HS2710 HS3004 HS8703 HS2716 HS3002 Imports 0% 5% 10% HS0203 HS1905 HS2106 HS2202 HS0102 Imports 0% 20% 40% HS2204 HS0210 HS2402 HS0811 HS1601 Exports Agricultural products: 21.8 Fuels and mining products: 44.8 Manufactures: 30.4 Other: 3 Agricultural products: 22.9 Fuels and mining products: 9.9 Manufactures: 66.3 Other: 0.9 European Union: 31.2 Serbia: 24.6 Switzerland: 11.5 Bosnia and Herzegovina: 7.7 Türkiye: 5.5 Other: 19.5 European Union: 45.5 Serbia: 20.1 China: 9.8 Bosnia and Herzegovina: 5.2 Türkiye: 4.4 Other: 15

246 World Trade Organization – Trade Profiles 2022

Montenegro

Value Million US$ 2021 1 792 742 2021 2021 0.03 0.01 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2021 Inward (million US$) na Outward (million US$) na Value Million US$ 2021 Exports 466 Imports 341 Exports Value Imports Value Share (%) By sea (2021) 79 By sea (2021) 37 10.8 By air (2021) 40 By air (2021) 32 9.3 By other (2021) 346 By other (2021) 270 79.2 Value Million US$ 2021 Exports 894 Imports 42 Million US$ Value 2021 Other commercial services Exports 426 Imports 354 2021 Goods-related services Exports 6 Imports 6 Residents Total Residents Total Residents Total 5 na 5 114 2 667 2 781 1 216 217 Travel exports (Index 2010=100) na 49 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) 53 8 -23 33 Annual percentage change Share (%) 16.9 8.7 74.3 na na -26 na na na 2010-2021 2020 2021 Annual percentage change By main services item, % (2021) By main origin, % (2020) -60 134 5 2010-2021 2020 33 Commercial services exports Commercial services imports 5 2021

By main services item, % (2021) By main destination, % (2020) Share in world total exports (%) Share in world total imports (%) Annual percentage change Transport Annual percentage change 2010-2021 2020 2021 10 -23 2 -1 -86 439 -49 43 INDUSTRIAL PROPERTY -9 -49 10 32 -24 5 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 4 46 Annual percentage change 2010-2021 2021 2010-2021 2020 2021 11 -11 10 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 0 100 200 2010 2014 2018 2021 Montenegro World 0 100 200 300 2010 2014 2018 2021 Montenegro World Transport: 26 Travel: 49.9 Other commercial services: 23.8 Goods-related services: 0.3 Transport: 45.9 Travel: 5.7 Other commercial services: 47.6 Goods-related services: 0.8 European Union: 36 Switzerland: 7 Russian Federation: 6.9 United Kingdom: 6.3 United States of America: 3.9 Other: 40 European Union: 42.2 United Kingdom: 6.3 Türkiye: 3.9 Switzerland: 3.1 United States of America: 2.9 Other: 41.7 44.3 28.3 13.7 13.7 Other business services ICTs Construction Other Montenegro 247 World Trade Organization – Trade Profiles 2022