US trade (export - import) with Montenegro in 2015

Published or Updated: Apr 13, 2017

The report on US foreign trade in goods with Montenegro in 2015: exports, imports, balance, product types and groups, dynamics.

US Trade with Montenegro

In 2015, US trade with Montenegro was $13.3 million, down 36.71% ($7.7 million) from 2014.

US exports to Montenegro in 2015 were $11.1 million, down 38.76% ($7.0 million) from 2014.

US imports from Montenegro in 2015 were $2.1 million, down 23.36% ($0.6 million) from 2014.

US trade surplus with Montenegro in 2015 was $9.0 million, a 41.53% decrease ($6.4 million) over 2014.

Montenegro was the US 194th largest trading partner in 2015 (down from 190th in 2014), accounting for 0.0003% of US total trade (down from 0.0005% in 2014).

Montenegro was the US 186th largest export market in 2015 (up from 187th in 2014), accounting for 0.0007% of US total exports (down from 0.0011% in 2014).

Montenegro was the US 196th largest supplier in 2015 (down from 188th in 2014), accounting for 0.0001% of US total imports (just as in 2014).

US Exports to Montenegro

The major share of US exports to Montenegro in 2015 (and in 2014) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 72.17% of US total exports to Montenegro (33.22% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.37% of US total exports to Montenegro (26.75% in 2014);
  • Chemical products (HS codes 28-40) - 2.66% of US total exports to Montenegro (25.89% in 2014).

The largest gains in US exports to Montenegro in 2015 over 2014 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - an increase of $2,669.2 thousand;
  • Miscellaneous manufactured articles (HS code 96) - an increase of $564.0 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $419.2 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 $66.8 thousand.

The largest declines in US exports to Montenegro in 2015 over 2014 were recorded for the following product groups:

  • Pharmaceutical products (HS code 30) - a decrease of $4,217.3 thousand;
  • Sugars and sugar confectionery (HS code 17) - a decrease of $1,714.0 thousand;
  • Meat and edible meat offal (HS code 02) - a decrease of $1,285.7 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $1,136.1 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $771.7 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $642.2 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $226.9 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 $200.1 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $184.3 thousand;
  • Clocks and watches and parts thereof (HS code 91) - a decrease of $126.8 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $59.3 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $58.5 thousand;
  • Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - a decrease of $53.3 thousand.
US exports to Montenegro in 2015 by product groups
HS
code
Name of product group Value
of exports
in 2015
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2014
(USD thousand)
Change
in 2015
over 2014
(%)
02 Meat and edible meat offal 24.2 0.22 1,309.9-98.15
03 Fish and crustaceans, molluscs and other aquatic invertebrates 340.6 3.06 1,112.2-69.38
07 Edible vegetables and certain roots and tubers 0.0 0.00 29.2-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 579.9 5.21 638.4-9.16
10 Cereals 28.9 0.26 0.0
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0.0 0.00 53.3-100.00
17 Sugars and sugar confectionery 0.0 0.00 1,714.0-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 32.5 0.29 0.0
21 Miscellaneous edible preparations 33.2 0.30 0.0
22 Beverages, spirits and vinegar 3.6 0.03 6.4-43.36
30 Pharmaceutical products 82.6 0.74 4,300.0-98.08
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 13.1 0.12 13.01.01
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 24.0 0.22 14.465.90
35 Albuminoidal substances; modified starches; glues; enzymes 5.5 0.05 0.0
38 Miscellaneous chemical products 0.0 0.00 10.1-100.00
39 Plastics and articles thereof 170.4 1.53 354.7-51.95
40 Rubber and articles thereof 0.0 0.00 15.1-100.00
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 0.0
44 Wood and articles of wood; wood charcoal 0.0 0.00 59.3-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 46.8 0.42 46.50.69
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 13.5-100.00
54 Man-made filaments 0.0 0.00 7.4-100.00
55 Man-made staple fibers 0.0 0.00 5.1-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 3.1-100.00
57 Carpets and other textile floor coverings 0.0 0.00 7.0-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 3.7 0.03 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 10.8-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 7.0 0.06 5.526.27
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 25.0 0.22 25.00.00
73 Articles of iron or steel 17.3 0.16 23.8-27.17
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 6.1 0.05 36.6-83.29
83 Miscellaneous articles of base metal 5.0 0.04 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 909.1 8.17 1,551.3-41.40
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 1,192.6 10.71 1,392.7-14.37
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,798.3 16.15 2,025.2-11.20
88 Aircraft, spacecraft, and parts thereof 169.5 1.52 192.8-12.06
89 Ships, boats and floating structures 2,978.2 26.75 309.0863.89
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 988.1 8.87 568.873.70
91 Clocks and watches and parts thereof 86.3 0.78 213.1-59.51
92 Musical instruments; parts and accessories of such articles 3.1 0.03 3.3-6.14
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 211.9 1.90 145.146.03
95 Toys, games and sports requisites; parts and accessories thereof 4.2 0.04 25.4-83.47
96 Miscellaneous manufactured articles 574.2 5.16 10.15,562.39
97 Works of art, collectors’ pieces and antiques 0.0 0.00 25.8-100.00
99 Commodities not specified according to kind 766.4 6.88 1,902.4-59.72

US Imports from Montenegro

The major share of US imports from Montenegro in 2015 (and in 2014) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 18.48% of US total imports from Montenegro (0.00% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 16.34% of US total imports from Montenegro (8.27% in 2014);
  • Machinery, equipment and vehicles (HS codes 84-90) - 14.78% of US total imports from Montenegro (67.74% in 2014);
  • Metals and products from them (HS codes 72-83) - 1.60% of US total imports from Montenegro (0.50% in 2014).

The largest gains in US imports from Montenegro in 2015 over 2014 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $668.4 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $193.8 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $190.2 thousand;
  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - an increase of $178.9 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $78.4 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $42.8 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $36.2 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $35.7 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $26.6 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $18.6 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $13.5 thousand.

The largest declines in US imports from Montenegro in 2015 over the 2014 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 $1,093.9 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $538.4 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $239.1 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $201.4 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $69.0 thousand;
  • Copper and articles thereof (HS code 74) - a decrease of $11.6 thousand.
US imports from Montenegro in 2015 by product groups
HS
code
Name of product group Value
of imports
in 2015
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2014
USD thousand)
Change
in 2015
over 2014
(%)
07 Edible vegetables and certain roots and tubers 4.0 0.19 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 78.4 3.68 0.0
22 Beverages, spirits and vinegar 265.4 12.47 229.815.52
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 190.2 8.94 0.0
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 178.9 8.40 0.0
39 Plastics and articles thereof 18.6 0.87 0.0
40 Rubber and articles thereof 5.7 0.27 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1.7 0.08 0.0
44 Wood and articles of wood; wood charcoal 2.8 0.13 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 13.5 0.63 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 4.8 0.22 3.921.93
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 2.6-100.00
65 Headgear and parts thereof 0.3 0.01 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 42.8 2.01 0.0
74 Copper and articles thereof 0.0 0.00 11.6-100.00
76 Aluminum and articles thereof 29.0 1.36 2.41,103.07
83 Miscellaneous articles of base metal 5.1 0.24 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 114.2 5.37 353.3-67.67
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 145.0 6.81 1,239.0-88.29
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 8.9 0.42 8.63.41
88 Aircraft, spacecraft, and parts thereof 36.2 1.70 0.0
89 Ships, boats and floating structures 0.0 0.00 69.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 10.3 0.48 211.7-95.14
92 Musical instruments; parts and accessories of such articles 3.0 0.14 0.0
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 538.4-100.00
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 0.3 0.01 0.0
97 Works of art, collectors’ pieces and antiques 251.9 11.83 58.1333.42
99 Commodities not specified according to kind 717.6 33.71 49.21,357.57
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce