Ores and metals exports (% of merchandise exports) — all countries

Ores and metals exports (% of merchandise exports) — Montenegro

Ores and metals exports (% of merchandise exports) in Montenegro in 2024 — 16.42%. Ranked 16 in the world out of 130. Since 2006, the indicator has fallen by 51.15 pp.

2024 16.42% −0.04 pp vs 2023
World rank 16of 130
Period maximum 68.3%2007
Period minimum 16.42%2024

Trend over time

2006–2024 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — Montenegro, 2006–202402040608020062008201020122014201620182020202220242006: 67.57%2007: 68.3%2008: 62.11%2009: 52.21%2010: 49.99%2011: 52.92%2012: 44.13%2013: 30.9%2014: 31.97%2015: 31.37%2016: 31.94%2017: 37.76%2018: 31.21%2019: 27.92%2020: 29.1%2021: 32.65%2022: 30.75%2023: 16.46%2024: 16.42%
Change over the period: −51.15 pp Annual average: -2.84 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Montenegro

Montenegro 16.42%
World 4.02%
Southern Europe computed 3.11%
Ores and metals exports (% of merchandise exports) — Montenegro, by year Montenegro All countries CSV XLSX
Year % Change, pp
2024 16.42 −0.04 pp
2023 16.46 −14.29 pp
2022 30.75 −1.9 pp
2021 32.65 +3.54 pp
2020 29.1 +1.19 pp
2019 27.92 −3.3 pp
2018 31.21 −6.55 pp
2017 37.76 +5.82 pp
2016 31.94 +0.57 pp
2015 31.37 −0.59 pp
2014 31.97 +1.07 pp
2013 30.9 −13.23 pp
2012 44.13 −8.79 pp
2011 52.92 +2.93 pp
2010 49.99 −2.22 pp
2009 52.21 −9.9 pp
2008 62.11 −6.19 pp
2007 68.3 +0.74 pp
2006 67.57

About the indicator

The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.

Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.