Export to Montenegro from India

According to resources, the total export to Montenegro from India reached an estimated revenue of more than $31 Million by the year 2022.

Trade agreements have also been signed between both the countries in order to support exports.

US $20202021
India Export to Montenegro23M31M
India Import from Montenegro 219k381k
Total Trade23.219M31.381M

Vehicles and Plastic are the major exported products from India to Montenegro at the present moment.

The E-commerce market in Montenegro has reached $166 Million in 2022 with a growth rate of 16.13% and is expected to reach approx $259 Million by 2025.

The main reason behind the eCommerce growth is the Internet penetration rate in Montenegro which has reached 76%.

So, it’s a good scope for Indian exporters and sellers to grab the Montenegro market whether through offline channels or online selling platforms & marketplaces in Montenegro.

Useful resources

How to export from India?

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