Montenegro

Europe
Montenegro world map

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.
Regional Trade Agreements Database

General Information

This 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 Information

This 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 Information

This section includes contact information for business support organizations and national resources.

Business Support Organizations

  • Directorate for Development of Small and Medium sized Enterprises

    Trade promotion organization (TPO)

    [email protected]

  • Invest in Montenegro

    Investment promotion agency

    [email protected]

Government MSME Agency

  • Innovative Programme for Continuous Stimulation of Employment and Entrepreneurship

    -

Copyright Offices

  • Directorate for Internal Market and Competition

  • Ministry of Economic Development and Tourism

Industrial Property Offices

  • Directorate for Internal Market and Competition

  • Ministry of Economic Development and Tourism

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.

  • Ms Zorka Prljevic
    Director of Phytosanitary Administration
    Ministry of Agriculture and Rural Development
    Phytosanitary Administration
    Phone: +(382) 20 621 111

    Ul Bratstva i jedinstva

    [email protected]@fu.gov.me

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.

  • Enquiry Point for technical regulations and conformity assessment procedures
    Contact official: Ana Martinoviæ
    Senior adviser
    Ministry of Economy of Montenegro
    Department for Internal Market and Competition
    Phone: +(382) 20 247 119

    Rimski trg 46
    Podgorica

    [email protected]

Additional Information

 ePing alert

Last Reviewed: June, 2024

Businesses & Entrepreneurs

Find a concise overview of key aspects of international trade for micro, small, and medium-sized enterprises with our Businesses & Entrepreneurs Guides.

Get started with guides for Businesses

Policymakers & Researchers

Find a concise overview of key aspects of trade and MSME-related policymaking with our dedicated library of Policymakers & Researchers Guides.

Get started with guides for Policymakers

Resources related to Montenegro

  • View Resource

    Annual report on European SMEs

    The annual report, prepared on a yearly basis, provides a synopsis of the size, structure and importance of SMEs to the European economy and an overview of the past and forecasted performance of SMEs from 2008 to 2024.

    Source: European Commission, 2024

    Policymakers: Europe,
  • View Resource

    UK services trade by business characteristics: 2016 to 2018

    Breakdown of UK trade in services by business characteristics (size and ownership), industry and region, on a balance of payments basis using a new experimental dataset.

    Source: Government of UK, 2018

    Policymakers: Services, Export Potential, Europe,
  • View Resource

    UK trade in goods by business characteristics

    UK trade in goods by business characteristics data details international trade in goods by industry, age and size of business.

    Source: Government of UK

    Policymakers: Goods, Export Potential, Europe,
View all guides and resources
Global Trade Helpdesk Organization Logo

Simplify your market research with an integrated source of trade intelligence, for firms of all sizes, even the smallest. The Global Trade Helpdesk, an initiative by the International Trade Centre, the United Nations Conference on Trade and Development, and the World Trade Organization, provides market intelligence for companies looking to trade in an easy-to-use online tool.

Visit the Global Trade Helpdesk site