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Montenegro is the 167th largest export economy in the world. In 2016, Montenegro exported $429M and imported $2.62B, resulting in a negative trade balance of $2.19B. In 2016 the GDP of Montenegro was $4.37B and its GDP per capita was $17.6k.

The top exports of Montenegro are Raw Aluminium ($81.5M), Dried Legumes ($36M), Electricity ($35.4M), Cars ($22.8M) and Aluminium Ore ($19M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($140M), Cars ($126M), Pig Meat ($60.1M), Packaged Medicaments ($54.6M) and Insulated Wire ($49.3M).

The top export destinations of Montenegro are Serbia ($84.9M), Hungary ($40.6M), Pakistan ($38.1M), Bosnia and Herzegovina ($29.1M) and Italy ($27.5M). The top import origins are Serbia ($628M), China ($224M), Germany ($215M), Italy ($169M) and Croatia ($137M).

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

Economic Complexity of Montenegro

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