Merchandise exports to low- and middle-income economies within region in Montenegro
Montenegro: Merchandise exports to low- and middle-income economies within region was 51.6% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies within region in Montenegro, 2006–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies within region in Montenegro stood at 51.6%.
That represents a change of 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 within region in Montenegro peaked at 56.9% in 2014 and was at its lowest, 28.2%, in 2007.
Montenegro ranks 24th of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Merchandise exports to low- and middle-income economies within region in Montenegro, year by year
| 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 15.5%, 3.3× 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
| Decade | Average | Lowest | Highest | 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
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 low- and middle-income economies within region in Montenegro?
- Merchandise exports to low- and middle-income economies within region 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 within region recorded in Montenegro?
- The highest recorded value was 56.9% in 2014.
- What is the lowest merchandise exports to low- and middle-income economies within region 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 within region?
- Montenegro ranks 24th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region 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 within region (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.