Montenegro's major exports encompass a diverse range of commodities, reflecting the country's natural resources, agricultural production, and developing industries. From metals and electricity to wood products, fruits, and fish, Montenegro leverages its resources and expertise to engage in international trade. By maintaining strong trading partnerships with countries such as Italy, Serbia, and Russia, Montenegro continues to develop its export sector, contributing to its economic growth and stability.
Metals and Ores
Montenegro possesses significant mineral resources, particularly in the form of metals and ores. Key exports in this category include aluminum, steel, and lead. The export volume of metals and ores from Montenegro is estimated at approximately 1.5 million metric tons, with a value of $500 million. Key trading partners for Montenegro's metal exports include Italy, Serbia, and Turkey.
Electricity
Montenegro's abundant water resources and hydropower plants allow for the export of electricity. The country exports electricity to neighboring countries in the region. The export volume of electricity from Montenegro reaches around 2.5 million MWh, amounting to $200 million. Key trading partners in this sector include Serbia, Albania, and Italy.
Wood and Wood Products
Montenegro's rich forests contribute to the export of wood and wood products, including sawn timber and wood-based panels. The export volume for wood and wood products is estimated at approximately 500,000 cubic meters, valued at $100 million. Key trading partners in this sector include Italy, Serbia, and Bosnia and Herzegovina.
Fruits and Vegetables
Montenegro's favorable climate allows for the cultivation of various fruits and vegetables. The country exports products such as citrus fruits, berries, and tomatoes. The export volume for fruits and vegetables reaches around 300,000 metric tons, amounting to $80 million. Key trading partners in this sector include Russia, Serbia, and Germany.
Fish and Seafood
Montenegro's coastal location makes fish and seafood a significant export. Popular exports in this category include Adriatic fish, such as sardines, anchovies, and mackerel. The export volume of fish and seafood from Montenegro is estimated at approximately 20,000 metric tons, with a value of $70 million. Key trading partners in this sector include Italy, Croatia, and Albania.
Olive Oil
Montenegro's olive groves contribute to the export of high-quality olive oil. The country's olive oil is recognized for its distinctive flavor and quality. The export volume of olive oil stands at around 5,000 metric tons, amounting to $50 million. Key trading partners in this sector include Italy, Serbia, and Croatia.
Wine
Montenegro's vineyards produce a variety of wines, including red, white, and rosé. The country's wine industry has been gaining recognition in recent years, leading to increased exports. The export volume for wine reaches approximately 3,000 metric tons, valued at $40 million. Key trading partners in this sector include Serbia, Russia, and Italy.
Dairy Products
Montenegro's dairy industry produces a range of dairy products, including cheese, yogurt, and milk. These products find demand both domestically and internationally. The export volume for dairy products is estimated at around 2,000 metric tons, with a value of $30 million. Key trading partners in this sector include Serbia, Croatia, and Bosnia and Herzegovina.
Furniture
Montenegro's furniture industry produces a variety of furniture, including both indoor and outdoor pieces. The country exports furniture to regional markets. The export volume for furniture stands at approximately 1,000 metric tons, amounting to $20 million. Key trading partners in this sector include Serbia, Italy, and Bosnia and Herzegovina.
Apparel and Textiles
Montenegro's textile industry manufactures clothing and textile products for export. The export volume for apparel and textiles reaches around 500 metric tons, valued at $10 million. Key trading partners in this sector include Serbia, Italy, and Germany.
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