US trade (export - import) with Montenegro in 2014

Published or Updated: Feb 09, 2017

The report on US foreign trade in goods with Montenegro in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with Montenegro

In 2014, US trade with Montenegro was $21.0 million, down 10.61% ($2.5 million) from 2013.

US exports to Montenegro in 2014 were $18.2 million, down 16.16% ($3.5 million) from 2013.

US imports from Montenegro in 2014 totaled $2.8 million, up 57.73% ($1.0 million) from 2013.

US trade surplus with Montenegro in 2014 was $15.4 million, a 22.69% decrease ($4.5 million) over 2013.

Montenegro was the US 190th largest trading partner in 2014 (down from 185th in 2013), accounting for 0.0005% of US total trade (down from 0.0006% in 2013).

Montenegro was the US 187th largest export market in 2014 (down from 182nd in 2013), accounting for 0.0011% of US total exports (down from 0.0014% in 2013).

Montenegro was the US 188th largest supplier in 2014 (up from 195th in 2013), accounting for 0.0001% of US total imports (just as in 2013).

US Exports to Montenegro

The major share of US exports to Montenegro in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 33.22% of US total exports to Montenegro (54.47% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 26.75% of US total exports to Montenegro (16.32% in 2013);
  • Chemical products (HS codes 28-40) - 25.89% of US total exports to Montenegro (15.94% in 2013).

The largest gains in US exports to Montenegro in 2014 over 2013 were recorded for the following product groups:

  • Sugars and sugar confectionery (HS code 17) - an increase of $1,714.0 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $1,396.4 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $748.8 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $205.6 thousand;
  • Clocks and watches and parts thereof (HS code 91) - an increase of $135.7 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $127.3 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $73.7 thousand.

The largest declines in US exports to Montenegro in 2014 over 2013 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - a decrease of $4,808.9 thousand;
  • Meat and edible meat offal (HS code 02) - a decrease of $1,013.3 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 $667.0 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 $582.5 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $215.2 thousand;
  • Rubber and articles thereof (HS code 40) - a decrease of $201.0 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $170.7 thousand;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $127.1 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $126.8 thousand;
  • Miscellaneous chemical products (HS code 38) - a decrease of $87.3 thousand.
US exports to Montenegro in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
02 Meat and edible meat offal 1,309.9 7.21 2,323.3-43.62
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,112.2 6.12 363.5206.01
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0.0 0.00 4.1-100.00
07 Edible vegetables and certain roots and tubers 29.2 0.16 156.3-81.33
08 Edible fruit and nuts; peel of citrus fruit or melons 638.4 3.51 511.124.90
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 53.3 0.29 53.30.00
17 Sugars and sugar confectionery 1,714.0 9.43 0.0
21 Miscellaneous edible preparations 0.0 0.00 126.8-100.00
22 Beverages, spirits and vinegar 6.4 0.04 0.0
29 Organic chemicals 0.0 0.00 21.7-100.00
30 Pharmaceutical products 4,300.0 23.65 2,903.648.09
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 13.0 0.07 21.0-38.21
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 14.4 0.08 33.2-56.55
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.0 0.00 14.9-100.00
38 Miscellaneous chemical products 10.1 0.06 97.4-89.61
39 Plastics and articles thereof 354.7 1.95 149.0137.98
40 Rubber and articles thereof 15.1 0.08 216.0-93.02
44 Wood and articles of wood; wood charcoal 59.3 0.33 16.7255.41
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 46.5 0.26 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 13.5 0.07 6.7100.76
54 Man-made filaments 7.4 0.04 9.5-21.91
55 Man-made staple fibers 5.1 0.03 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 3.1 0.02 0.0
57 Carpets and other textile floor coverings 7.0 0.04 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 11.4-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 10.8 0.06 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 5.5 0.03 11.5-51.61
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 25.0 0.14 34.6-27.78
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 2.6-100.00
73 Articles of iron or steel 23.8 0.13 23.70.02
74 Copper and articles thereof 0.0 0.00 5.4-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 36.6 0.20 3.9843.09
83 Miscellaneous articles of base metal 0.0 0.00 12.2-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,551.3 8.53 1,766.5-12.18
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 1,392.7 7.66 2,059.6-32.38
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,025.2 11.14 2,009.20.79
88 Aircraft, spacecraft, and parts thereof 192.8 1.06 119.161.88
89 Ships, boats and floating structures 309.0 1.70 5,117.9-93.96
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 568.8 3.13 739.5-23.08
91 Clocks and watches and parts thereof 213.1 1.17 77.4175.34
92 Musical instruments; parts and accessories of such articles 3.3 0.02 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 145.1 0.80 727.6-80.06
95 Toys, games and sports requisites; parts and accessories thereof 25.4 0.14 70.2-63.81
96 Miscellaneous manufactured articles 10.1 0.06 0.0
97 Works of art, collectors’ pieces and antiques 25.8 0.14 10.0158.00
99 Commodities not specified according to kind 1,902.4 10.46 1,853.32.65

US Imports from Montenegro

The major share of US imports from Montenegro in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 67.74% of US total imports from Montenegro (48.54% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.27% of US total imports from Montenegro (19.87% in 2013);
  • Metals and products from them (HS codes 72-83) - 0.50% of US total imports from Montenegro (1.63% in 2013);
  • Wood and wood products (HS codes 44-49) - 0.00% of US total imports from Montenegro (15.49% in 2013).

The largest gains in US imports from Montenegro in 2014 over 2013 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) - an increase of $563.3 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $538.4 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $338.7 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $132.7 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $69.0 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $11.6 thousand.

The largest declines in US imports from Montenegro in 2014 over the 2013 were recorded for the following product groups:

  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $229.5 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $97.5 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $76.8 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $74.5 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - a decrease of $45.5 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $43.3 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $25.8 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $16.8 thousand;
  • Copper and articles thereof (HS code 74) - a decrease of $8.8 thousand.
US imports from Montenegro in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0.0 0.00 45.5-100.00
22 Beverages, spirits and vinegar 229.8 8.27 304.3-24.50
39 Plastics and articles thereof 0.0 0.00 6.8-100.00
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 0.5-100.00
44 Wood and articles of wood; wood charcoal 0.0 0.00 43.3-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 229.5-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 3.9 0.14 1.4187.46
62 Articles of apparel and clothing accessories, not knitted or crocheted 2.6 0.09 1.932.46
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 0.3-100.00
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 0.3-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0.0 0.00 16.8-100.00
73 Articles of iron or steel 0.0 0.00 4.1-100.00
74 Copper and articles thereof 11.6 0.42 20.3-43.09
76 Aluminum and articles thereof 2.4 0.09 4.4-45.14
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 353.3 12.72 14.62,313.25
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 1,239.0 44.61 675.783.36
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 8.6 0.31 85.3-89.93
89 Ships, boats and floating structures 69.0 2.48 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 211.7 7.62 79.0168.00
93 Arms and ammunition; parts and accessories thereof 538.4 19.38 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 0.0 0.00 7.8-100.00
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 97.5-100.00
97 Works of art, collectors’ pieces and antiques 58.1 2.09 46.524.94
99 Commodities not specified according to kind 49.2 1.77 75.0-34.34
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce