US trade (export - import) with Montenegro in 2016

Published or Updated: May 08, 2017

The report on US foreign trade in goods with Montenegro in 2016: exports, imports, balance, product types and groups, dynamics.

US Trade with Montenegro

In 2016, US trade with Montenegro totaled $18.7 million, up 41.36% ($5.5 million) from 2015.

US exports to Montenegro in 2016 totaled $16.7 million, up 50.09% ($5.6 million) from 2015.

US imports from Montenegro in 2016 were $2.0 million, down 4.29% ($0.1 million) from 2015.

US trade surplus with Montenegro in 2016 was $14.7 million, a 62.95% increase ($5.7 million) over 2015.

Montenegro was the US 187th largest trading partner in 2016 (up from 194th in 2015), accounting for 0.0005% of US total trade (up from 0.0003% in 2015).

Montenegro was the US 181st largest export market in 2016 (up from 186th in 2015), accounting for 0.0011% of US total exports (up from 0.0007% in 2015).

Montenegro was the US 197th largest supplier in 2016 (down from 196th in 2015), accounting for 0.0001% of US total imports (just as in 2015).

US Exports to Montenegro

The major share of US exports to Montenegro in 2016 (and in 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 53.63% of US total exports to Montenegro (72.17% in 2015);
  • Chemical products (HS codes 28-40) - 30.29% of US total exports to Montenegro (2.66% in 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.96% of US total exports to Montenegro (9.37% in 2015).

The largest gains in US exports to Montenegro in 2016 over 2015 were recorded for the following product groups:

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $4,133.2 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $769.7 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $707.7 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $677.0 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $560.7 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $207.2 thousand;
  • Meat and edible meat offal (HS code 02) - an increase of $146.4 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $95.1 thousand.

The largest declines in US exports to Montenegro in 2016 over 2015 were recorded for the following product groups:

  • Miscellaneous manufactured articles (HS code 96) - a decrease of $559.9 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $433.9 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $386.1 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $274.8 thousand;
  • Clocks and watches and parts thereof (HS code 91) - a decrease of $86.3 thousand;
  • Pharmaceutical products (HS code 30) - a decrease of $76.4 thousand.
US exports to Montenegro in 2016 by product groups
HS
code
Name of product group Value
of exports
in 2016
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2015
(USD thousand)
Change
in 2016
over 2015
(%)
02 Meat and edible meat offal 170.6 1.02 24.2604.93
03 Fish and crustaceans, molluscs and other aquatic invertebrates 65.8 0.39 340.6-80.69
05 Products of animal origin, not elsewhere specified or included 3.3 0.02 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 145.9 0.87 579.9-74.83
10 Cereals 35.3 0.21 28.921.94
13 Lac; gums, resins and other vegetable saps and extracts 20.8 0.12 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0.0 0.00 32.5-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 207.2 1.24 0.0
21 Miscellaneous edible preparations 12.5 0.07 33.2-62.33
22 Beverages, spirits and vinegar 0.0 0.00 3.6-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 12.3 0.07 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 4,133.2 24.73 0.0
30 Pharmaceutical products 6.3 0.04 82.6-92.41
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 13.1-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 24.0-100.00
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 5.5-100.00
38 Miscellaneous chemical products 43.8 0.26 0.0
39 Plastics and articles thereof 878.2 5.25 170.4415.31
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2.7 0.02 2.7-0.07
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 3.7 0.02 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 27.7 0.17 46.8-40.92
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 7.8 0.05 0.0
57 Carpets and other textile floor coverings 43.1 0.26 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 3.7-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 10.4 0.06 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 3.2 0.02 7.0-54.04
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 22.8 0.14 25.0-8.75
64 Footwear, gaiters and the like; parts of such articles 17.7 0.11 0.0
65 Headgear and parts thereof 2.6 0.02 0.0
73 Articles of iron or steel 17.5 0.10 17.30.93
81 Other base metals; cermets; articles thereof 5.6 0.03 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 23.0 0.14 6.1275.58
83 Miscellaneous articles of base metal 0.0 0.00 5.0-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 878.2 5.26 909.1-3.40
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 1,753.3 10.49 1,192.647.01
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,808.4 10.82 1,798.30.56
88 Aircraft, spacecraft, and parts thereof 264.6 1.58 169.556.11
89 Ships, boats and floating structures 3,655.2 21.87 2,978.222.73
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 602.0 3.60 988.1-39.07
91 Clocks and watches and parts thereof 0.0 0.00 86.3-100.00
92 Musical instruments; parts and accessories of such articles 0.0 0.00 3.1-100.00
93 Arms and ammunition; parts and accessories thereof 16.0 0.10 0.0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 224.8 1.35 211.96.13
95 Toys, games and sports requisites; parts and accessories thereof 19.6 0.12 4.2367.43
96 Miscellaneous manufactured articles 14.2 0.09 574.2-97.52
97 Works of art, collectors’ pieces and antiques 16.3 0.10 0.0
99 Commodities not specified according to kind 1,536.0 9.19 766.4100.43

US Imports from Montenegro

The major share of US imports from Montenegro in 2016 (and in 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 31.56% of US total imports from Montenegro (14.78% in 2015);
  • Chemical products (HS codes 28-40) - 26.52% of US total imports from Montenegro (18.48% in 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 18.33% of US total imports from Montenegro (16.34% in 2015);
  • Mineral products (HS codes 25-27) - 3.70% of US total imports from Montenegro (0.00% in 2015);
  • Metals and products from them (HS codes 72-83) - 1.00% of US total imports from Montenegro (1.60% in 2015).

The largest gains in US imports from Montenegro in 2016 over 2015 were recorded for the following product groups:

  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $344.8 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $305.5 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $105.2 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $75.3 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $67.2 thousand;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - an increase of $17.4 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $17.3 thousand.

The largest declines in US imports from Montenegro in 2016 over the 2015 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $452.7 thousand;
  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - a decrease of $178.9 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $164.2 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $78.4 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $42.8 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $36.2 thousand;
  • Aluminum and articles thereof (HS code 76) - a decrease of $29.0 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $16.2 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $13.5 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $6.3 thousand.
US imports from Montenegro in 2016 by product groups
HS
code
Name of product group Value
of imports
in 2016
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2015
USD thousand)
Change
in 2016
over 2015
(%)
07 Edible vegetables and certain roots and tubers 0.0 0.00 4.0-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 2.9 0.14 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 78.4-100.00
22 Beverages, spirits and vinegar 370.6 18.19 265.439.62
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 75.3 3.70 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 535.0 26.26 190.2181.30
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.0 0.00 178.9-100.00
39 Plastics and articles thereof 2.4 0.12 18.6-87.14
40 Rubber and articles thereof 2.9 0.14 5.7-48.34
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 19.1 0.94 1.71,043.33
44 Wood and articles of wood; wood charcoal 0.0 0.00 2.8-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 13.5-100.00
54 Man-made filaments 0.3 0.02 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 1.0 0.05 4.8-79.92
62 Articles of apparel and clothing accessories, not knitted or crocheted 1.6 0.08 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2.8 0.14 0.0
65 Headgear and parts thereof 0.0 0.00 0.3-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0.0 0.00 42.8-100.00
73 Articles of iron or steel 17.3 0.85 0.0
76 Aluminum and articles thereof 0.0 0.00 29.0-100.00
83 Miscellaneous articles of base metal 3.1 0.15 5.1-38.99
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 181.4 8.90 114.258.79
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 450.5 22.11 145.0210.61
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2.6 0.13 8.9-70.49
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 36.2-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 8.4 0.41 10.3-18.72
92 Musical instruments; parts and accessories of such articles 0.0 0.00 3.0-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 1.8 0.09 0.3484.72
95 Toys, games and sports requisites; parts and accessories thereof 5.8 0.28 0.0
97 Works of art, collectors’ pieces and antiques 87.7 4.30 251.9-65.19
99 Commodities not specified according to kind 264.9 13.00 717.6-63.09
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce