Merchandise exports by the reporting economy in Montenegro
Montenegro: Merchandise exports by the reporting economy was 689.83 million current US$ in 2023. ▬ Flat
Merchandise exports by the reporting economy in Montenegro, 2006–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise exports by the reporting economy in Montenegro stood at 689.83 million current US$.
The figure is down 5.5% on the previous year and up 39.5% over ten years.
Over the whole period, merchandise exports by the reporting economy in Montenegro peaked at 730.34 million current US$ in 2022 and was at its lowest, 335.71 million current US$, in 2015.
Montenegro ranks 162nd of 206 countries on this measure, in the bottom quarter.
Merchandise exports by the reporting economy in Montenegro, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 553.87 million current US$ | — |
| 2007 | 621.21 million current US$ | +12.2% |
| 2008 | 609.37 million current US$ | -1.9% |
| 2009 | 385.50 million current US$ | -36.7% |
| 2010 | 435.94 million current US$ | +13.1% |
| 2011 | 629.09 million current US$ | +44.3% |
| 2012 | 469.95 million current US$ | -25.3% |
| 2013 | 494.41 million current US$ | +5.2% |
| 2014 | 438.04 million current US$ | -11.4% |
| 2015 | 335.71 million current US$ | -23.4% |
| 2016 | 345.20 million current US$ | +2.8% |
| 2017 | 405.10 million current US$ | +17.4% |
| 2018 | 448.12 million current US$ | +10.6% |
| 2019 | 443.88 million current US$ | -0.9% |
| 2020 | 411.20 million current US$ | -7.4% |
| 2021 | 500.66 million current US$ | +21.8% |
| 2022 | 730.34 million current US$ | +45.9% |
| 2023 | 689.83 million current US$ | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 542.49 million current US$ | 385.50 million current US$ | 621.21 million current US$ | 4 |
| 2010s | 444.54 million current US$ | 335.71 million current US$ | 629.09 million current US$ | 10 |
| 2020s | 583.01 million current US$ | 411.20 million current US$ | 730.34 million current US$ | 4 |
Countries ranked near Montenegro
- 159 Cuba 853.94 million current US$ compare
- 160 Fiji 732.24 million current US$ compare
- 161 Bhutan 703.02 million current US$ compare
- 163 South Sudan 652.23 million current US$ compare
- 164 Seychelles 548.98 million current US$ compare
- 165 Sierra Leone 513.99 million current US$ compare
More private sector data for Montenegro
- Merchandise trade 61.8% (2025)
- Food imports 23.6% (2024)
- Manufactures imports 63.7% (2024)
- Merchandise imports 5.06 billion current US$ (2025)
- Food exports 16.8% (2024)
- Manufactures exports 35.1% (2024)
- Merchandise exports 646.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,037 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.07 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -2.71 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Montenegro?
- Merchandise exports by the reporting economy in Montenegro was 689.83 million current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Montenegro?
- The highest recorded value was 730.34 million current US$ in 2022.
- What is the lowest merchandise exports by the reporting economy recorded in Montenegro?
- The lowest recorded value was 335.71 million current US$ in 2015.
- How does Montenegro rank for merchandise exports by the reporting economy?
- Montenegro ranks 162nd out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Montenegro?
- Over the last ten years it is up 39.5%. The long-run trend across the full record is flat.
- Where does this Montenegro data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.