US trade with Montenegro in the 3rd quarter of 2017

Published or Updated: Mar 27, 2018

The report on US foreign trade in goods with Montenegro in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Montenegro

In the 3rd quarter of 2017, US trade with Montenegro was $2.2 million, down 14.99% ($0.4 million) from the 3rd quarter of 2016.

US exports to Montenegro in the 3rd quarter of 2017 were $1.7 million, down 27.13% ($0.6 million) from the 3rd quarter of 2016.

US imports from Montenegro in the 3rd quarter of 2017 totaled $0.5 million, up 73.74% ($0.2 million) from the 3rd quarter of 2016.

US trade surplus with Montenegro in the 3rd quarter of 2017 was $1.1 million, a 43.11% decrease ($0.9 million) over the 3rd quarter of 2016.

Montenegro was the US 198th largest trading partner in the 3rd quarter of 2017 (down from 193rd in the 3rd quarter of 2016), accounting for 0.0002% of US total trade (down from 0.0003% in the 3rd quarter of 2016).

Montenegro was the US 193rd largest export market in the 3rd quarter of 2017 (down from 186th in the 3rd quarter of 2016), accounting for 0.0004% of US total exports (down from 0.0007% in the 3rd quarter of 2016).

Montenegro was the US 193rd largest supplier in the 3rd quarter of 2017 (up from 195th in the 3rd quarter of 2016), accounting for 0.0001% of US total imports (just as in the 3rd quarter of 2016).

US Exports to Montenegro

The major share of US exports to Montenegro in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 54.20% of US total exports to Montenegro (44.45% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 17.77% of US total exports to Montenegro (12.71% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 8.15% of US total exports to Montenegro (1.46% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.41% of US total exports to Montenegro (31.54% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.79% of US total exports to Montenegro (0.63% in the 3rd quarter of 2016).

The largest gains in US exports to Montenegro in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $287.1 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $273.9 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $107.3 thousand;
  • Carpets and other textile floor coverings (HS code 57) - an increase of $63.8 thousand;
  • Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use (HS code 59) - an increase of $54.4 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) - an increase of $38.3 thousand;
  • Other base metals; cermets; articles thereof (HS code 81) - an increase of $24.4 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $14.0 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $9.1 thousand.

The largest declines in US exports to Montenegro in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Plastics and articles thereof (HS code 39) - a decrease of $680.3 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 $222.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $184.9 thousand;
  • Meat and edible meat offal (HS code 02) - a decrease of $145.4 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $123.3 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $91.1 thousand;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - a decrease of $20.8 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $17.0 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $6.0 thousand.
US exports to Montenegro in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
02 Meat and edible meat offal 0.0 0.00 145.4-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 287.1 17.07 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 2.8 0.16 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 0.0 0.00 123.3-100.00
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 20.8-100.00
21 Miscellaneous edible preparations 0.0 0.00 3.9-100.00
22 Beverages, spirits and vinegar 9.1 0.54 0.0
29 Organic chemicals 4.7 0.28 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5.0 0.30 0.0
39 Plastics and articles thereof 47.7 2.83 727.9-93.45
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 3.7-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 3.6-100.00
57 Carpets and other textile floor coverings 63.8 3.79 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 64.8 3.85 10.4523.56
62 Articles of apparel and clothing accessories, not knitted or crocheted 5.4 0.32 3.267.75
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3.0 0.18 20.0-85.00
73 Articles of iron or steel 3.0 0.18 9.0-66.52
81 Other base metals; cermets; articles thereof 30.0 1.78 5.6440.05
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 14.0 0.83 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 170.8 10.15 63.5169.02
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 76.8 4.57 299.4-74.34
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 511.3 30.40 237.4115.34
88 Aircraft, spacecraft, and parts thereof 10.9 0.65 102.0-89.28
89 Ships, boats and floating structures 7.0 0.42 4.075.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 134.7 8.01 319.6-57.85
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 63.7 3.78 25.4150.59
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 2.6-100.00

US Imports from Montenegro

The major share of US imports from Montenegro in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 32.84% of US total imports from Montenegro (34.83% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 25.72% of US total imports from Montenegro (34.11% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 24.45% of US total imports from Montenegro (10.61% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 0.61% of US total imports from Montenegro (6.47% in the 3rd quarter of 2016).

The largest gains in US imports from Montenegro in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - an increase of $180.1 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $42.4 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $40.9 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $33.4 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) - an increase of $31.2 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $18.6 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 $17.3 thousand.

The largest declines in US imports from Montenegro in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $107.5 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $17.3 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $5.8 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $2.4 thousand.
US imports from Montenegro in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
22 Beverages, spirits and vinegar 141.1 25.72 107.731.01
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 107.5-100.00
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 180.1 32.84 0.0
39 Plastics and articles thereof 0.0 0.00 2.4-100.00
73 Articles of iron or steel 0.0 0.00 17.3-100.00
83 Miscellaneous articles of base metal 3.3 0.61 3.16.02
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 48.7 8.87 6.3677.41
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 44.5 8.12 27.263.58
88 Aircraft, spacecraft, and parts thereof 40.9 7.45 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 31.2 5.70 0.0
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 5.8-100.00
97 Works of art, collectors’ pieces and antiques 31.2 5.69 12.7146.79
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce