Montenegro
Europe
Trade in Montenegro
Montenegro was the world’s 143rd largest exporter of goods and 91st largest exporter of commercial services in 2021. Export values were $515 and $1,792 million USD respectively. Montenegro’s top export category was fuels and mining products, followed by manufactures, and agricultural products. In 2020, Montenegro’s main export destination markets for goods and services trade were to Serbia, Slovenia and Hungary, with trade representing 87.01 per cent of GDP. In terms of imports, Montenegro’s import values were $2,956 and $742 million USD respectively in 2021. Montenegro’s top import category was manufactures, followed by agricultural products and fuels and mining products. Leading import partners were Serbia, China and Germany. Montenegro is part of 5 different Regional Trade Agreements, such as Central European Free Trade Agreement (CEFTA) 2006, EFTA – Montenegro and EU – Montenegro. |
Regional Trade Agreements Database
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
|
---|---|
Official Name |
Montenegro |
Abbreviation |
ME |
Capital |
Podgorica |
WTO Membership Date |
29 April 2012 |
Legal System |
civil law |
Language |
Serbian/Montenegrin |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
|
Currency |
Euro |
Exchange Rate |
Google Finance Currencies |
Contact InformationThis section includes contact information for business support organizations and national resources. |
|
Business Support Organizations |
|
Government MSME Agency |
|
Copyright Offices |
|
Industrial Property Offices |
|
SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
|
TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
|
Additional Information |
ePing alert |
Last Reviewed: June, 2023
Businesses & Entrepreneurs
Find a concise overview of key aspects of international trade for micro, small, and medium-sized enterprises with our Businesses & Entrepreneurs Guides.
Policymakers & Researchers
Find a concise overview of key aspects of trade and MSME-related policymaking with our dedicated library of Policymakers & Researchers Guides.