1945

# Montenegro

In 2013, the value of merchandise exports of Montenegro increased moderately by 5.5 percent to reach 494.4 mln US$, while its merchandise imports increased slightly by 0.5 percent to reach 2.3 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively large deficit of 1.9 bln US$(see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -810.7 mln US$ (see graph 4). Merchandise exports in Montenegro were moderately concentrated amongst partners; imports were diversified. The top 8 partners accounted for 80 percent or more of exports and 11 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Montenegro increased slightly by 1.7 percent, reaching 1.3 bln US$, while its imports of services increased substantially by 11.9 percent and reached 494.5 mln US$ (see graph 2). There was a large trade in services surplus of 787.1 mln US\$.

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Sustainable Development Goals:
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