US trade with Montenegro in the 2nd quarter of 2017

Published or Updated: Aug 29, 2017

The report on US foreign trade in goods with Montenegro in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Montenegro

In the 2nd quarter of 2017, US trade with Montenegro was $4.7 million, down 40.09% ($3.1 million) from the 2nd quarter of 2016.

US exports to Montenegro in the 2nd quarter of 2017 were $4.0 million, down 40.83% ($2.8 million) from the 2nd quarter of 2016.

US imports from Montenegro in the 2nd quarter of 2017 were $0.6 million, down 34.98% ($0.3 million) from the 2nd quarter of 2016.

US trade surplus with Montenegro in the 2nd quarter of 2017 was $3.4 million, a 41.81% decrease ($2.4 million) over the 2nd quarter of 2016.

Montenegro was the US 188th largest trading partner in the 2nd quarter of 2017 (down from 182nd in the 2nd quarter of 2016), accounting for 0.0005% of US total trade (down from 0.0008% in the 2nd quarter of 2016).

Montenegro was the US 179th largest export market in the 2nd quarter of 2017 (down from 173rd in the 2nd quarter of 2016), accounting for 0.0011% of US total exports (down from 0.0019% in the 2nd quarter of 2016).

Montenegro was the US 191st largest supplier in the 2nd quarter of 2017 (down from 181st in the 2nd quarter of 2016), accounting for 0.0001% of US total imports (down from 0.0002% in the 2nd quarter of 2016).

US Exports to Montenegro

The major share of US exports to Montenegro in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 70.59% of US total exports to Montenegro (86.78% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.65% of US total exports to Montenegro (1.26% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.77% of US total exports to Montenegro (0.00% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.06% of US total exports to Montenegro (0.05% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 0.71% of US total exports to Montenegro (1.68% in the 2nd quarter of 2016).

The largest gains in US exports to Montenegro in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $316.6 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $258.3 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $165.6 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $102.2 thousand;
  • Miscellaneous edible preparations (HS code 21) - an increase of $70.7 thousand;
  • Other base metals; cermets; articles thereof (HS code 81) - an increase of $63.0 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $59.4 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $16.6 thousand.

The largest declines in US exports to Montenegro in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - a decrease of $2,833.7 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $501.7 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $127.6 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $104.1 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 $95.4 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) - a decrease of $61.4 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $16.3 thousand.
US exports to Montenegro in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 114.6 2.83 55.2107.58
05 Products of animal origin, not elsewhere specified or included 0.0 0.00 3.3-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 280.9 6.95 22.61,141.01
21 Miscellaneous edible preparations 75.8 1.87 5.11,387.11
29 Organic chemicals 10.0 0.25 0.0
39 Plastics and articles thereof 11.0 0.27 115.1-90.43
40 Rubber and articles thereof 7.8 0.19 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 9.2-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 4.2-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 6.9 0.17 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 102.2 2.53 0.0
65 Headgear and parts thereof 2.7 0.07 0.0
73 Articles of iron or steel 7.1 0.17 0.0
81 Other base metals; cermets; articles thereof 63.0 1.56 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 9.5 0.24 3.4179.02
83 Miscellaneous articles of base metal 3.6 0.09 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 115.6 2.86 617.4-81.27
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 371.9 9.20 467.3-20.42
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,191.4 29.46 1,025.816.14
88 Aircraft, spacecraft, and parts thereof 16.6 0.41 144.2-88.48
89 Ships, boats and floating structures 800.5 19.79 3,634.2-77.97
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 359.0 8.88 42.3747.99
93 Arms and ammunition; parts and accessories thereof 16.6 0.41 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 114.1 2.82 175.4-34.99
95 Toys, games and sports requisites; parts and accessories thereof 18.2 0.45 11.459.60
96 Miscellaneous manufactured articles 8.7 0.22 8.17.07
97 Works of art, collectors’ pieces and antiques 0.0 0.00 16.3-100.00

US Imports from Montenegro

The major share of US imports from Montenegro in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 29.40% of US total imports from Montenegro (9.86% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 29.03% of US total imports from Montenegro (50.20% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 14.18% of US total imports from Montenegro (29.72% in the 2nd quarter of 2016).

The largest gains in US imports from Montenegro in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Coffee, tea, maté and spices (HS code 09) - an increase of $61.2 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 $52.3 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $37.4 thousand;
  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - an increase of $27.5 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $19.8 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $18.0 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $9.9 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $3.2 thousand.

The largest declines in US imports from Montenegro in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • 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 $339.1 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $230.1 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $7.4 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $2.6 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $2.4 thousand.
US imports from Montenegro in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
09 Coffee, tea, maté and spices 61.2 9.56 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 37.4 5.83 0.0
22 Beverages, spirits and vinegar 89.8 14.01 97.2-7.63
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 62.8 9.81 292.9-78.55
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 27.5 4.29 0.0
39 Plastics and articles thereof 0.5 0.08 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 0.9 0.14 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 2.4-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 127.6 19.92 124.42.60
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 28.7 4.47 367.7-92.21
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 2.6-100.00
88 Aircraft, spacecraft, and parts thereof 19.8 3.10 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 9.9 1.55 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 52.3 8.15 0.0
97 Works of art, collectors’ pieces and antiques 83.0 12.96 65.027.70
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce