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Exports (As % of GDP) fell 10.2% to 0.449% in Montenegro in 2024

Exports (As % of GDP) (%), 2024
Economy | Montenegro | September 1, 2025
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Exports as a share of GDP fell 10.2% to 0.449% in Montenegro in 2024, according to the National Statistical Office.

Historically, exports as a share of GDP in Montenegro reached an all time high of 0.515% in 2022 and an all time low of 0.260% in 2020. When compared to Montenegro's main peers, exports as a share of GDP in Albania amounted to 0.361%, 0.428% in Bosnia and Herzegovina, 0.498% in Croatia and 0.527% in Serbia in 2024.

Montenegro has been ranked 46th within the group of 130 countries we follow in terms of exports as a share of GDP, 24 places above the position seen 10 years ago.

Exports (As % of GDP) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Albania % 0.311% 0.309% 0.225% 0.311% 0.372%
Bosnia and Herzegovina % 0.420% 0.400% 0.342% 0.426% 0.483%
Croatia % 0.491% 0.505% 0.413% 0.498% 0.595%
Greece % 0.386% 0.396% 0.315% 0.403% 0.490%
Hungary % 0.834% 0.811% 0.781% 0.794% 0.895%
Italy % 0.308% 0.309% 0.287% 0.312% 0.351%
Kosovo % 0.291% 0.293% 0.217% 0.334% 0.386%
Macedonia % 0.604% 0.624% 0.578% 0.654% 0.728%
Montenegro % 0.429% 0.438% 0.260% 0.428% 0.515%
Romania % 0.415% 0.401% 0.368% 0.405% 0.434%
Serbia % 0.487% 0.490% 0.461% 0.523% 0.607%
Slovenia % 0.856% 0.844% 0.783% 0.840% 0.940%