Discover Montenegro " Hidden Gem of the Mediterranean" Montenegro Statistics

Foreign Trade Pictures of Montenegro

Data source for foreign trade statistics is the harmonized custom's certificate
for import and/or export of goods submitted to customs by shipping companies
on behalf of taxpayer enterprises.

Export and Important in 000 USD

Year	2002	2003	Index 2003\2002
Export	194195	171286	88.2
Import	681587	601716	88.3

Total export from Montenegro in 2003 amounted 171286 thousand USD, and import value was 601716 thousand USD. Deficit in exchange of goods with foreign countries was 430430 thousand USD. Foreign trade balance has been of 28,5%.

Export and Important by Economic destation

		2002	2003
Export	TOTAL:	194195	171286
	- Intermediate goods	183109	156726
	- Capital goods	841	4838
	- Consumer goods	10246	9722
Import	TOTAL:	681587	601716
	- Intermediate goods	338656	279960
	- Capital goods	121057	99586
	- Consumer goods	221873	222170

By-destination analysis shows that ratio of intermediate goods in total export in 2003 was 91.5%, while intermediate goods ratio in total import was 46.5%.

Export and Import by Country
( participation in % )

		2002	2003
Export	TOTAL:	100,0	100,0
	- Switzerland	78,1	83.9
	- Bosnia and Herzegovina	4,2	1.3
	- Italy	9,6	6.1
	- Other countries	8,1	8.7
Import	TOTAL:	100,0	100,0
	- Greece	5,8	10.2
	- Italy	12,5	12.2
	- Germany	9,3	9.6
	- Bosnia and Herzegovina	14,4	9.2
	- Other countries	58,0	58.8