US trade with Montenegro in the 1st quarter of 2017

Published or Updated: Aug 04, 2017

The report on US foreign trade in goods with Montenegro in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Montenegro

In the 1st quarter of 2017, US trade with Montenegro was $1.3 million, down 80.06% ($5.3 million) from the 1st quarter of 2016.

US exports to Montenegro in the 1st quarter of 2017 were $1.0 million, down 83.11% ($5.1 million) from the 1st quarter of 2016.

US imports from Montenegro in the 1st quarter of 2017 were $0.3 million, down 41.62% ($0.2 million) from the 1st quarter of 2016.

US trade surplus with Montenegro in the 1st quarter of 2017 was $0.8 million, a 86.70% decrease ($4.9 million) over the 1st quarter of 2016.

Montenegro was the US 204th largest trading partner in the 1st quarter of 2017 (down from 181st in the 1st quarter of 2016), accounting for 0.0001% of US total trade (down from 0.0008% in the 1st quarter of 2016).

Montenegro was the US 198th largest export market in the 1st quarter of 2017 (down from 171st in the 1st quarter of 2016), accounting for 0.0003% of US total exports (down from 0.0018% in the 1st quarter of 2016).

Montenegro was the US 198th largest supplier in the 1st quarter of 2017 (down from 195th in the 1st quarter of 2016), accounting for 0.0001% of US total imports (just as in the 1st quarter of 2016).

US Exports to Montenegro

The major share of US exports to Montenegro in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 43.00% of US total exports to Montenegro (15.99% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 22.86% of US total exports to Montenegro (4.00% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 8.32% of US total exports to Montenegro (67.53% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 5.17% of US total exports to Montenegro (0.37% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.61% of US total exports to Montenegro (0.30% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.45% of US total exports to Montenegro (0.74% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.37% of US total exports to Montenegro (0.00% in the 1st quarter of 2016).

The largest gains in US exports to Montenegro in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $237.6 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $82.3 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $50.1 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $31.4 thousand;
  • Knitted or crocheted fabrics (HS code 60) - an increase of $14.3 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $14.3 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $13.0 thousand;
  • Man-made filaments (HS code 54) - an increase of $11.2 thousand;
  • 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 (HS code 94) - an increase of $7.0 thousand;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $6.5 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $4.4 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $4.2 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $3.1 thousand.

The largest declines in US exports to Montenegro in the 1st quarter of 2017 over the 1st quarter of 2016 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) - a decrease of $4,133.2 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $265.2 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) - a decrease of $250.4 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $207.2 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $78.0 thousand;
  • Carpets and other textile floor coverings (HS code 57) - a decrease of $43.1 thousand;
  • Cereals (HS code 10) - a decrease of $35.3 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $19.0 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $16.0 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $9.9 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $7.0 thousand;
  • Miscellaneous manufactured articles (HS code 96) - a decrease of $6.1 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $3.5 thousand.
US exports to Montenegro in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
08 Edible fruit and nuts; peel of citrus fruit or melons 237.6 22.86 0.0
10 Cereals 0.0 0.00 35.3-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 207.2-100.00
21 Miscellaneous edible preparations 0.0 0.00 3.5-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 14.3 1.37 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 4,133.2-100.00
30 Pharmaceutical products 50.1 4.82 0.0
39 Plastics and articles thereof 36.3 3.50 23.355.69
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 22.9 2.21 18.523.93
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.2 0.40 0.0
54 Man-made filaments 11.2 1.07 0.0
57 Carpets and other textile floor coverings 0.0 0.00 43.1-100.00
60 Knitted or crocheted fabrics 14.3 1.38 0.0
65 Headgear and parts thereof 0.0 0.00 2.6-100.00
73 Articles of iron or steel 6.1 0.59 3.0104.57
76 Aluminum and articles thereof 31.4 3.02 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 9.7 0.93 19.6-50.41
83 Miscellaneous articles of base metal 6.5 0.63 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 64.8 6.23 142.7-54.62
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 29.6 2.84 280.0-89.44
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 115.0 11.06 380.2-69.76
88 Aircraft, spacecraft, and parts thereof 92.3 8.88 10.0823.34
89 Ships, boats and floating structures 0.0 0.00 7.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 145.3 13.98 164.3-11.58
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 16.0-100.00
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 19.0 1.83 12.058.36
96 Miscellaneous manufactured articles 0.0 0.00 6.1-100.00

US Imports from Montenegro

The major share of US imports from Montenegro in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 64.59% of US total imports from Montenegro (4.13% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 7.30% of US total imports from Montenegro (16.90% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 0.54% of US total imports from Montenegro (27.48% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.00% of US total imports from Montenegro (15.38% in the 1st quarter of 2016).

The largest gains in US imports from Montenegro in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $92.9 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $48.2 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 $23.3 thousand;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $20.9 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $10.5 thousand;
  • Rubber and articles thereof (HS code 40) - an increase of $1.5 thousand.

The largest declines in US imports from Montenegro in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $134.6 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $79.9 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $75.3 thousand;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - a decrease of $19.1 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $2.9 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $1.6 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $1.0 thousand.
US imports from Montenegro in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
07 Edible vegetables and certain roots and tubers 20.9 7.30 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 2.9-100.00
22 Beverages, spirits and vinegar 0.0 0.00 79.9-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 75.3-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 134.6-100.00
40 Rubber and articles thereof 1.5 0.54 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.0 0.00 19.1-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 1.0-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 1.6-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1.0 0.36 0.4164.25
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 55.7 19.50 7.5638.83
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 36.0 12.58 12.7183.22
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 92.9 32.51 0.0
97 Works of art, collectors’ pieces and antiques 20.5 7.18 10.0104.68
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce