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Trade & investment · Europe & Central Asia · Upper-middle income
Montenegro: trade and investment
Exports is 40.1% (2025), 83rd of 184 in the world and 36th of 52 in Europe & Central Asia. Imports is 65.7% (2025), 44th of 184 in the world and 16th of 52 in Europe & Central Asia. Trade openness is 105.8% (2025), 54th of 184 in the world and 21st of 52 in Europe & Central Asia.
13 indicators
Trade & investment: Montenegro in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ExportsExports of goods and services, % of GDP | 40.1%2025 | 83/184 | 36/52 | 36.8% | 36.7% | 26.3% | −2.7 ppsince 2015 | 43.7% | 25.9% | 29.5% | |
| ImportsImports of goods and services, % of GDP | 65.7%2025 | 44/184 | 16/52 | 51.1% | 62.2% | 61.6% | +4.3 ppsince 2015 | 41.0% | 23.8% | 28.5% | |
| Trade opennessTrade, % of GDP | 105.8%2025 | 54/184 | 21/52 | 87.9% | 98.9% | 87.9% | +1.6 ppsince 2015 | 81.8% | 48.9% | 68.5% | |
| Current accountCurrent account balance, % of GDP | -20.4%2025 | 178/185 | 49/50 | · | -20.6% | -26.1% | −9.3 ppsince 2015 | — | — | — | |
| Merchandise exportsMerchandise exports, current US$ | $646m2025 | 163/206 | 50/51 | · | $437m | $419m | +84%since 2015 | $10.0tn | $7.7tn | $26.4tn | |
| High-tech exportsHigh-technology exports, % of manufactured exports | 14.5%2024 | 49/170 | 24/47 | · | 10.3% | 7.6% | −0.2 ppsince 2014 | 21.4% | 23.2% | 24.7% | |
| Fuel exportsFuel exports, % of merchandise exports | 23.8%2025 | 35/172 | 7/48 | · | 10.8% | 16.6% | +9.0 ppsince 2015 | 6.3% | 5.2% | 9.5% | |
| Food exportsFood exports, % of merchandise exports | 18.6%2025 | 80/172 | 10/48 | · | 12.3% | 13.7% | +1.6 ppsince 2015 | 10.6% | 9.0% | 9.0% | |
| Average tariffApplied tariff rate, weighted mean, all products | 2.9%2022 | 111/184 | 8/46 | · | 6.9% | 2.6% | −2.9 ppsince 2012 | — | — | — | |
| FDI inflowsForeign direct investment, net inflows, % of GDP | 7.3%2025 | 27/197 | 4/51 | · | 18.3% | 11.2% | −10.1 ppsince 2015 | 1.0% | 1.1% | 1.4% | |
| RemittancesPersonal remittances received, % of GDP | 9.7%2025 | 31/178 | 7/50 | · | 10.1% | 12.7% | −2.0 ppsince 2015 | 0.8% | 1.0% | 0.8% | |
| Tourist arrivalsInternational tourist arrivals | 351,0002020 | 139/196 | 46/51 | 136,0002002 | 1.1m | 351,000 | −68%since 2010 | 1.2bn | 573m | 2.4bn | |
| Tourism receiptsInternational tourism receipts, current US$ | $180m2020 | 132/177 | 41/42 | · | $765m | $180m | −76%since 2010 | $590bn | — | $1.9tn |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours
Montenegro and its neighbours
Countries sharing a land border with Montenegro. Latest values since 2005; the highest in each row is marked.
| Indicator | Montenegro | Serbia | Croatia | Bosnia and Herzegovina | Albania | Kosovo |
|---|---|---|---|---|---|---|
| Exports | 40.1%2025 | 54.3%2025 | 48.0%2025 | 41.0%2025 | 37.0%2025 | 44.0%2025 |
| Imports | 65.7%2025 | 58.6%2025 | 53.0%2025 | 54.1%2025 | 42.5%2025 | 74.2%2025 |
| Trade openness | 105.8%2025 | 112.9%2025 | 101.0%2025 | 95.1%2025 | 79.5%2025 | 118.2%2025 |
| Current account | -20.4%2025 | -4.9%2025 | -3.2%2025 | -4.0%2025 | -0.5%2025 | -8.1%2025 |
| Merchandise exports | $646m2025 | $37.3bn2025 | $28.4bn2025 | $9.8bn2025 | $4.3bn2025 | — |
| High-tech exports | 14.5%2024 | 4.5%2007 | 11.7%2024 | 6.2%2024 | 1.5%2024 | — |
| Fuel exports | 23.8%2025 | 2.6%2007 | 12.1%2025 | 6.5%2025 | 3.3%2024 | — |
| Food exports | 18.6%2025 | 18.6%2007 | 15.3%2025 | 7.4%2025 | 13.4%2024 | — |
| Average tariff | 2.9%2022 | 1.7%2021 | 1.3%2022 | 4.0%2022 | 0.3%2022 | — |