US trade (export - import) with Montenegro in 2016
Published or Updated: May 08, 2017
The report on US foreign trade in goods with Montenegro in 2016: exports, imports, balance, product types and groups, dynamics.
US Trade with Montenegro
In 2016, US trade with Montenegro totaled $18.7 million, up 41.36% ($5.5 million) from 2015.
US exports to Montenegro in 2016 totaled $16.7 million, up 50.09% ($5.6 million) from 2015.
US imports from Montenegro in 2016 were $2.0 million, down 4.29% ($0.1 million) from 2015.
US trade surplus with Montenegro in 2016 was $14.7 million, a 62.95% increase ($5.7 million) over 2015.
Montenegro was the US 187th largest trading partner in 2016 (up from 194th in 2015), accounting for 0.0005% of US total trade (up from 0.0003% in 2015).
Montenegro was the US 181st largest export market in 2016 (up from 186th in 2015), accounting for 0.0011% of US total exports (up from 0.0007% in 2015).
Montenegro was the US 197th largest supplier in 2016 (down from 196th in 2015), accounting for 0.0001% of US total imports (just as in 2015).
US Exports to Montenegro
The major share of US exports to Montenegro in 2016 (and in 2015) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 53.63% of US total exports to Montenegro (72.17% in 2015);
- Chemical products (HS codes 28-40) - 30.29% of US total exports to Montenegro (2.66% in 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 3.96% of US total exports to Montenegro (9.37% in 2015).
The largest gains in US exports to Montenegro in 2016 over 2015 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) - an increase of $4,133.2 thousand;
- Commodities not specified according to kind (HS code 99) - an increase of $769.7 thousand;
- Plastics and articles thereof (HS code 39) - an increase of $707.7 thousand;
- Ships, boats and floating structures (HS code 89) - an increase of $677.0 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 $560.7 thousand;
- Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $207.2 thousand;
- Meat and edible meat offal (HS code 02) - an increase of $146.4 thousand;
- Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $95.1 thousand.
The largest declines in US exports to Montenegro in 2016 over 2015 were recorded for the following product groups:
- Miscellaneous manufactured articles (HS code 96) - a decrease of $559.9 thousand;
- Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $433.9 thousand;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $386.1 thousand;
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $274.8 thousand;
- Clocks and watches and parts thereof (HS code 91) - a decrease of $86.3 thousand;
- Pharmaceutical products (HS code 30) - a decrease of $76.4 thousand.
| HS code |
Name of product group | Value of exports in 2016 (USD thousand) |
Share in total export (%) |
Value of exports in 2015 (USD thousand) |
Change in 2016 over 2015 (%) |
|---|---|---|---|---|---|
| 02 | Meat and edible meat offal | 170.6 | 1.02 | 24.2 | 604.93 |
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 65.8 | 0.39 | 340.6 | -80.69 |
| 05 | Products of animal origin, not elsewhere specified or included | 3.3 | 0.02 | 0.0 | ∞ |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 145.9 | 0.87 | 579.9 | -74.83 |
| 10 | Cereals | 35.3 | 0.21 | 28.9 | 21.94 |
| 13 | Lac; gums, resins and other vegetable saps and extracts | 20.8 | 0.12 | 0.0 | ∞ |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 0.0 | 0.00 | 32.5 | -100.00 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 207.2 | 1.24 | 0.0 | ∞ |
| 21 | Miscellaneous edible preparations | 12.5 | 0.07 | 33.2 | -62.33 |
| 22 | Beverages, spirits and vinegar | 0.0 | 0.00 | 3.6 | -100.00 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 12.3 | 0.07 | 0.0 | ∞ |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 4,133.2 | 24.73 | 0.0 | ∞ |
| 30 | Pharmaceutical products | 6.3 | 0.04 | 82.6 | -92.41 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 0.0 | 0.00 | 13.1 | -100.00 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 0.0 | 0.00 | 24.0 | -100.00 |
| 35 | Albuminoidal substances; modified starches; glues; enzymes | 0.0 | 0.00 | 5.5 | -100.00 |
| 38 | Miscellaneous chemical products | 43.8 | 0.26 | 0.0 | ∞ |
| 39 | Plastics and articles thereof | 878.2 | 5.25 | 170.4 | 415.31 |
| 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 | 2.7 | -0.07 |
| 47 | Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard | 3.7 | 0.02 | 0.0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 27.7 | 0.17 | 46.8 | -40.92 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 7.8 | 0.05 | 0.0 | ∞ |
| 57 | Carpets and other textile floor coverings | 43.1 | 0.26 | 0.0 | ∞ |
| 58 | Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery | 0.0 | 0.00 | 3.7 | -100.00 |
| 59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 10.4 | 0.06 | 0.0 | ∞ |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 3.2 | 0.02 | 7.0 | -54.04 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 22.8 | 0.14 | 25.0 | -8.75 |
| 64 | Footwear, gaiters and the like; parts of such articles | 17.7 | 0.11 | 0.0 | ∞ |
| 65 | Headgear and parts thereof | 2.6 | 0.02 | 0.0 | ∞ |
| 73 | Articles of iron or steel | 17.5 | 0.10 | 17.3 | 0.93 |
| 81 | Other base metals; cermets; articles thereof | 5.6 | 0.03 | 0.0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 23.0 | 0.14 | 6.1 | 275.58 |
| 83 | Miscellaneous articles of base metal | 0.0 | 0.00 | 5.0 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 878.2 | 5.26 | 909.1 | -3.40 |
| 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 | 1,753.3 | 10.49 | 1,192.6 | 47.01 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 1,808.4 | 10.82 | 1,798.3 | 0.56 |
| 88 | Aircraft, spacecraft, and parts thereof | 264.6 | 1.58 | 169.5 | 56.11 |
| 89 | Ships, boats and floating structures | 3,655.2 | 21.87 | 2,978.2 | 22.73 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 602.0 | 3.60 | 988.1 | -39.07 |
| 91 | Clocks and watches and parts thereof | 0.0 | 0.00 | 86.3 | -100.00 |
| 92 | Musical instruments; parts and accessories of such articles | 0.0 | 0.00 | 3.1 | -100.00 |
| 93 | Arms and ammunition; parts and accessories thereof | 16.0 | 0.10 | 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 | 224.8 | 1.35 | 211.9 | 6.13 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 19.6 | 0.12 | 4.2 | 367.43 |
| 96 | Miscellaneous manufactured articles | 14.2 | 0.09 | 574.2 | -97.52 |
| 97 | Works of art, collectors’ pieces and antiques | 16.3 | 0.10 | 0.0 | ∞ |
| 99 | Commodities not specified according to kind | 1,536.0 | 9.19 | 766.4 | 100.43 |
US Imports from Montenegro
The major share of US imports from Montenegro in 2016 (and in 2015) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 31.56% of US total imports from Montenegro (14.78% in 2015);
- Chemical products (HS codes 28-40) - 26.52% of US total imports from Montenegro (18.48% in 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 18.33% of US total imports from Montenegro (16.34% in 2015);
- Mineral products (HS codes 25-27) - 3.70% of US total imports from Montenegro (0.00% in 2015);
- Metals and products from them (HS codes 72-83) - 1.00% of US total imports from Montenegro (1.60% in 2015).
The largest gains in US imports from Montenegro in 2016 over 2015 were recorded for the following product groups:
- Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $344.8 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 $305.5 thousand;
- Beverages, spirits and vinegar (HS code 22) - an increase of $105.2 thousand;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $75.3 thousand;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $67.2 thousand;
- Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - an increase of $17.4 thousand;
- Articles of iron or steel (HS code 73) - an increase of $17.3 thousand.
The largest declines in US imports from Montenegro in 2016 over the 2015 were recorded for the following product groups:
- Commodities not specified according to kind (HS code 99) - a decrease of $452.7 thousand;
- Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - a decrease of $178.9 thousand;
- Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $164.2 thousand;
- Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $78.4 thousand;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $42.8 thousand;
- Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $36.2 thousand;
- Aluminum and articles thereof (HS code 76) - a decrease of $29.0 thousand;
- Plastics and articles thereof (HS code 39) - a decrease of $16.2 thousand;
- Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $13.5 thousand;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $6.3 thousand.
| HS code |
Name of product group | Value of imports in 2016 (USD thousand) |
Share in total import (%) |
Value of imports in 2015 USD thousand) |
Change in 2016 over 2015 (%) |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 0.0 | 0.00 | 4.0 | -100.00 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 2.9 | 0.14 | 0.0 | ∞ |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 0.0 | 0.00 | 78.4 | -100.00 |
| 22 | Beverages, spirits and vinegar | 370.6 | 18.19 | 265.4 | 39.62 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 75.3 | 3.70 | 0.0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 535.0 | 26.26 | 190.2 | 181.30 |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 0.0 | 0.00 | 178.9 | -100.00 |
| 39 | Plastics and articles thereof | 2.4 | 0.12 | 18.6 | -87.14 |
| 40 | Rubber and articles thereof | 2.9 | 0.14 | 5.7 | -48.34 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 19.1 | 0.94 | 1.7 | 1,043.33 |
| 44 | Wood and articles of wood; wood charcoal | 0.0 | 0.00 | 2.8 | -100.00 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 0.0 | 0.00 | 13.5 | -100.00 |
| 54 | Man-made filaments | 0.3 | 0.02 | 0.0 | ∞ |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 1.0 | 0.05 | 4.8 | -79.92 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 1.6 | 0.08 | 0.0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 2.8 | 0.14 | 0.0 | ∞ |
| 65 | Headgear and parts thereof | 0.0 | 0.00 | 0.3 | -100.00 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 0.0 | 0.00 | 42.8 | -100.00 |
| 73 | Articles of iron or steel | 17.3 | 0.85 | 0.0 | ∞ |
| 76 | Aluminum and articles thereof | 0.0 | 0.00 | 29.0 | -100.00 |
| 83 | Miscellaneous articles of base metal | 3.1 | 0.15 | 5.1 | -38.99 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 181.4 | 8.90 | 114.2 | 58.79 |
| 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 | 450.5 | 22.11 | 145.0 | 210.61 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 2.6 | 0.13 | 8.9 | -70.49 |
| 88 | Aircraft, spacecraft, and parts thereof | 0.0 | 0.00 | 36.2 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 8.4 | 0.41 | 10.3 | -18.72 |
| 92 | Musical instruments; parts and accessories of such articles | 0.0 | 0.00 | 3.0 | -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 | 1.8 | 0.09 | 0.3 | 484.72 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 5.8 | 0.28 | 0.0 | ∞ |
| 97 | Works of art, collectors’ pieces and antiques | 87.7 | 4.30 | 251.9 | -65.19 |
| 99 | Commodities not specified according to kind | 264.9 | 13.00 | 717.6 | -63.09 |