Merchandise exports to high-income economies in Montenegro
Montenegro: Merchandise exports to high-income economies was 47.3% in 2023. ▼ Falling
Merchandise exports to high-income economies in Montenegro, 2006–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Montenegro recorded 47.3% for merchandise exports to high-income economies in 2023.
Compared with earlier readings it is down 9.8% on the previous year and up 4.9% over ten years.
Over the whole period, merchandise exports to high-income economies in Montenegro peaked at 71.5% in 2007 and was at its lowest, 39.5%, in 2014.
That places Montenegro 147th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Merchandise exports to high-income economies in Montenegro, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2006 | 68.7% | — |
| 2007 | 71.5% | +4.1% |
| 2008 | 64.6% | -9.6% |
| 2009 | 55.4% | -14.4% |
| 2010 | 59.2% | +6.9% |
| 2011 | 64.9% | +9.7% |
| 2012 | 56.0% | -13.7% |
| 2013 | 45.1% | -19.5% |
| 2014 | 39.5% | -12.5% |
| 2015 | 42.1% | +6.5% |
| 2016 | 44.3% | +5.3% |
| 2017 | 47.6% | +7.6% |
| 2018 | 50.1% | +5.2% |
| 2019 | 43.5% | -13.2% |
| 2020 | 42.9% | -1.5% |
| 2021 | 47.8% | +11.4% |
| 2022 | 52.5% | +9.8% |
| 2023 | 47.3% | -9.8% |
Montenegro compared with similar countries
- Montenegro's 47.3% is below the median for upper middle income countries, which is 65.7%, 72% of the median. (59 countries reporting)
- Montenegro's 47.3% is below the median for Europe & Central Asia, which is 83.1%, 57% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 65.1% | 55.4% | 71.5% | 4 |
| 2010s | 49.2% | 39.5% | 64.9% | 10 |
| 2020s | 47.6% | 42.9% | 52.5% | 4 |
Countries ranked near Montenegro
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 to high-income economies in Montenegro?
- Merchandise exports to high-income economies in Montenegro was 47.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Montenegro?
- The highest recorded value was 71.5% in 2007.
- What is the lowest merchandise exports to high-income economies recorded in Montenegro?
- The lowest recorded value was 39.5% in 2014.
- How does Montenegro rank for merchandise exports to high-income economies?
- Montenegro ranks 147th out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Montenegro?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.