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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

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