Montenegro
Europe
Trade in Montenegro
Montenegro was the world’s 163rd largest exporter of goods and 102nd largest exporter of commercial services in 2022. Export values were $742 million and $2.37 billion USD respectively. Montenegro’s top export category was Fuels and mining products, followed by Manufactures, and Agricultural products. In 2022, Montenegro’s main export destination markets for goods and services trade were to Serbia, Slovenia and Hungary, with trade representing 125.90 per cent of GDP. In terms of imports, Montenegro is the world’s 152nd largest importer of goods and 135th largest importer of commercial services. Import values were $3.70 billion and $1.02 billion USD respectively in 2022. 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, including Central European Free Trade Agreement (CEFTA) 2006 and EFTA – Montenegro. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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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. |
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Currency |
Euro |
Exchange Rate |
Google Finance Currencies |
Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Government MSME Agency |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Last Reviewed: June, 2024
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