US trade with Montenegro in the first half of 2017

Published or Updated: Oct 19, 2017

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

US Trade with Montenegro

In the first half of 2017, US trade with Montenegro was $6.0 million, down 58.45% ($8.5 million) from the first half of 2016.

US exports to Montenegro in the first half of 2017 were $5.1 million, down 60.87% ($7.9 million) from the first half of 2016.

US imports from Montenegro in the first half of 2017 were $0.9 million, down 37.19% ($0.5 million) from the first half of 2016.

US trade surplus with Montenegro in the first half of 2017 was $4.2 million, a 63.90% decrease ($7.4 million) over the first half of 2016.

Montenegro was the US 195th largest trading partner in the first half of 2017 (down from 181st in the first half of 2016), accounting for 0.0003% of US total trade (down from 0.0008% in the first half of 2016).

Montenegro was the US 187th largest export market in the first half of 2017 (down from 175th in the first half of 2016), accounting for 0.0007% of US total exports (down from 0.0018% in the first half of 2016).

Montenegro was the US 195th largest supplier in the first half of 2017 (down from 191st in the first half of 2016), accounting for 0.0001% of US total imports (just as in the first half of 2016).

US Exports to Montenegro

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 64.95% of US total exports to Montenegro (53.24% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 13.94% of US total exports to Montenegro (2.56% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.70% of US total exports to Montenegro (0.35% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 2.69% of US total exports to Montenegro (0.20% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 2.27% of US total exports to Montenegro (32.88% in the first half of 2016).

The largest gains in US exports to Montenegro in the first half of 2017 over the first half 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 $495.9 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $297.6 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 $67.2 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;
  • Pharmaceutical products (HS code 30) - an increase of $50.1 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $31.4 thousand.

The largest declines in US exports to Montenegro in the first half of 2017 over the first half 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;
  • Ships, boats and floating structures (HS code 89) - a decrease of $2,840.7 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $579.7 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 $345.9 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $207.2 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $99.6 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $91.1 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 $54.4 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $45.3 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;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $16.3 thousand.
US exports to Montenegro in the first half of 2017 by product groups
HS
code
Name of product group Value
of exports
in first-half 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 114.6 2.25 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 518.5 10.20 22.62,190.57
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 75.8 1.49 8.6779.80
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 14.3 0.28 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
29 Organic chemicals 10.0 0.20 0.0
30 Pharmaceutical products 50.1 0.99 0.0
39 Plastics and articles thereof 47.3 0.93 138.4-65.80
40 Rubber and articles thereof 7.8 0.15 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 22.9 0.45 27.7-17.10
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.2 0.08 4.2-1.47
54 Man-made filaments 11.2 0.22 0.0
57 Carpets and other textile floor coverings 0.0 0.00 43.1-100.00
60 Knitted or crocheted fabrics 14.3 0.28 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 6.9 0.14 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 102.2 2.01 0.0
65 Headgear and parts thereof 2.7 0.05 2.65.06
73 Articles of iron or steel 13.2 0.26 3.0340.40
76 Aluminum and articles thereof 31.4 0.62 0.0
81 Other base metals; cermets; articles thereof 63.0 1.24 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 19.2 0.38 23.0-16.39
83 Miscellaneous articles of base metal 10.1 0.20 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 180.4 3.55 760.1-76.26
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 401.4 7.90 747.3-46.28
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,306.4 25.70 1,406.1-7.09
88 Aircraft, spacecraft, and parts thereof 108.9 2.14 154.2-29.37
89 Ships, boats and floating structures 800.5 15.75 3,641.2-78.02
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 504.2 9.92 206.6144.04
93 Arms and ammunition; parts and accessories thereof 16.6 0.33 16.03.89
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 133.1 2.62 187.4-29.02
95 Toys, games and sports requisites; parts and accessories thereof 18.2 0.36 11.459.60
96 Miscellaneous manufactured articles 8.7 0.17 14.2-38.87
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 first half of 2017 (and in the first half of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 40.00% of US total imports from Montenegro (34.91% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 22.58% of US total imports from Montenegro (12.20% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 9.97% of US total imports from Montenegro (28.98% in the first half of 2016);
  • Mineral products (HS codes 25-27) - 0.00% of US total imports from Montenegro (5.11% in the first half of 2016).

The largest gains in US imports from Montenegro in the first half of 2017 over the first half 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 $90.3 thousand;
  • 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;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $51.4 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $37.4 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $28.5 thousand;
  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - an increase of $27.5 thousand;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $20.9 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $19.8 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.

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

  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $364.7 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 $315.8 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $87.3 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.
US imports from Montenegro in the first half of 2017 by product groups
HS
code
Name of product group Value
of imports
in first-half 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
07 Edible vegetables and certain roots and tubers 20.9 2.25 0.0
09 Coffee, tea, maté and spices 61.2 6.61 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
19 Preparations of cereals, flour, starch or milk; bakers’ wares 37.4 4.03 0.0
22 Beverages, spirits and vinegar 89.8 9.69 177.1-49.30
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 62.8 6.78 427.5-85.30
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 27.5 2.97 0.0
39 Plastics and articles thereof 0.5 0.05 0.0
40 Rubber and articles thereof 1.5 0.17 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 0.9 0.10 1.0-8.02
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 0.11 2.8-63.68
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 183.4 19.79 131.938.98
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 64.6 6.97 380.4-83.02
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 92.9 10.03 2.63,446.20
88 Aircraft, spacecraft, and parts thereof 19.8 2.14 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 9.9 1.07 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 5.64 0.0
97 Works of art, collectors’ pieces and antiques 103.6 11.17 75.037.99
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce