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Export Market

Montenegro

ISO: ME / MNE

Country Profile

Capital Podgorica
Population 623K
GDP $8.3B (2024)
GDP per Capita $13,263
Income Level Upper-Middle Income
Currency euro (EUR €)
Language Montenegrin
Timezone UTC+01:00
Region Europe · Southeast Europe

Trade Partners

Montenegro Exports To

  • Italy 38.0%
  • Serbia 13.0%
  • Spain 6.0%
  • Slovenia 5.0%
  • Herzegovina 4.0%

Key exports: electricity, aluminum, copper ore, aluminum ore, packaged medicine (2023)

Montenegro Imports From

  • Serbia 21.0%
  • China 10.0%
  • Germany 8.0%
  • Croatia 6.0%
  • Italy 6.0%

Key imports: refined petroleum, cars, electricity, packaged medicine, aluminum (2023)

Economic Overview

upper-middle-income, small Balkan economy; uses euro as de facto currency; reduced growth due to slowdown in tourism and industrial production; new impetus for EU accession under Europe Now government; energy price cap and declining food and services prices easing inflation rate

Government: parliamentary republic

UK Trade Status

FTA in Force

The UK has a free trade agreement with Montenegro, providing preferential market access for UK exporters.

Geographic Region

Europe

Export Guidance

Relevant guidance for exporting to Montenegro.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇱 Albania FTA 🇦🇩 Andorra 🇦🇹 Austria FTA 🇧🇪 Belgium FTA 🇧🇦 Bosnia and Herzegovina FTA 🇧🇬 Bulgaria FTA 🇭🇷 Croatia FTA 🇨🇾 Cyprus FTA

Official Resources

Government export support for Montenegro.

great.gov.uk Market Guide → GOV.UK Country Information →
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