Montenegro

Europe
Montenegro world map

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 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

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Last Reviewed: June, 2023

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