Merchandise exports to low- and middle-income economies in Europe & in Montenegro

Montenegro: Merchandise exports to low- and middle-income economies in Europe & was 51.6% in 2023. ▲ Rising

Latest (2023)
51.6%
Change on year
up 14.8%
World rank
3rd
of 204 countries
All-time high
56.9%
in 2014
All-time low
28.2%
in 2007
Years of data
18
2006–2023

Merchandise exports to low- and middle-income economies in Europe & in Montenegro, 2006–2023

02040602006201420232006: 30.3 % of total merchandise exports2007: 28.2 % of total merchandise exports2008: 34.7 % of total merchandise exports2009: 44.2 % of total merchandise exports2010: 40 % of total merchandise exports2011: 32.7 % of total merchandise exports2012: 42.3 % of total merchandise exports2013: 51.9 % of total merchandise exports2014: 56.9 % of total merchandise exports2015: 51.4 % of total merchandise exports2016: 47.4 % of total merchandise exports2017: 49.3 % of total merchandise exports2018: 45.4 % of total merchandise exports2019: 51.3 % of total merchandise exports2020: 48.8 % of total merchandise exports2021: 48.9 % of total merchandise exports2022: 45 % of total merchandise exports2023: 51.6 % of total merchandise exports

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

In 2023, merchandise exports to low- and middle-income economies in europe & in Montenegro stood at 51.6%.

Compared with earlier readings it is up 14.8% on the previous year and down 0.6% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in europe & in Montenegro peaked at 56.9% in 2014 and was at its lowest, 28.2%, in 2007.

That places Montenegro 3rd out of 204 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 18 years of available data.

Merchandise exports to low- and middle-income economies in Europe & in Montenegro, year by year

Annual values for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in Montenegro, 2006 to 2023.
Year % of total merchandise exports Change
2006 30.3%
2007 28.2% -7.0%
2008 34.7% +23.1%
2009 44.2% +27.3%
2010 40.0% -9.5%
2011 32.7% -18.2%
2012 42.3% +29.3%
2013 51.9% +22.8%
2014 56.9% +9.5%
2015 51.4% -9.7%
2016 47.4% -7.8%
2017 49.3% +4.1%
2018 45.4% -7.8%
2019 51.3% +13.0%
2020 48.8% -5.0%
2021 48.9% +0.3%
2022 45.0% -8.0%
2023 51.6% +14.8%

Montenegro compared with similar countries

  • Montenegro's 51.6% is above the median for upper middle income countries, which is 0.9%, 56.8× the median. (59 countries reporting)
  • Montenegro's 51.6% is above the median for Europe & Central Asia, which is 6.9%, 7.5× the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 34.3% 28.2% 44.2% 4
2010s 46.9% 32.7% 56.9% 10
2020s 48.6% 45.0% 51.6% 4

Countries ranked near Montenegro

  1. 1 Gambia 96.9% compare
  2. 2 Georgia 62.0% compare
  3. 4 Tajikistan 45.1% compare
  4. 5 Kosovo 42.9% compare
  5. 5 Kosovo (UNSCR 1244) 42.9% compare

See the full ranking of 251 places →

More private sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in europe & in Montenegro?
Merchandise exports to low- and middle-income economies in europe & in Montenegro was 51.6% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies in europe & recorded in Montenegro?
The highest recorded value was 56.9% in 2014.
What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in Montenegro?
The lowest recorded value was 28.2% in 2007.
How does Montenegro rank for merchandise exports to low- and middle-income economies in europe &?
Montenegro ranks 3rd out of 204 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in europe & rising or falling in Montenegro?
Over the last ten years it is down 0.6%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies in Europe & in Montenegro. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-europe-and-central-asia-percent/montenegro/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 10,312 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are 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.