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Montenegro is the 172nd largest export economy in the world. In 2016, Montenegro exported $1B and imported $6.35B, resulting in a negative trade balance of $5.35B.

The top exports of Montenegro are Raw Aluminium ($89.7M), Electricity ($41.5M), Dried Legumes ($35.4M), Cars ($29.1M) and Aluminium Ore ($29M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($185M), Refined Petroleum ($151M), Insulated Wire ($108M), Pig Meat ($66.6M) and Packaged Medicaments ($60.6M).

The top export destinations of Montenegro are Serbia ($90.6M), Hungary ($38.4M), Bosnia and Herzegovina ($29.4M), China ($20.9M) and Italy ($19.2M). The top import origins are Serbia ($723M), Croatia ($155M), Germany ($151M), Italy ($147M) and Bosnia and Herzegovina ($136M).

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

Economic Complexity of Montenegro

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