Montenegro - Manufactures exports (% of merchandise exports)

The value for Manufactures exports (% of merchandise exports) in Montenegro was 26.82 as of 2021. As the graph below shows, over the past 15 years this indicator reached a maximum value of 31.94 in 2020 and a minimum value of 14.68 in 2007.

Definition: Manufactures comprise commodities in SITC sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals).

Source: World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.

See also:

Year Value
2006 16.30
2007 14.68
2008 14.93
2009 21.57
2010 20.40
2011 16.75
2012 19.56
2013 17.68
2014 17.26
2015 26.29
2016 26.14
2017 28.78
2018 28.89
2019 30.39
2020 31.94
2021 26.82

Limitations and Exceptions: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.

Statistical Concept and Methodology: The classification of commodity groups is based on the Standard International Trade Classification (SITC) revision 3.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Merchandise export shares may not sum to 100 percent because of unclassified trade.

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports