Exports In 2023, Montenegro exported $54.4M in Pharmaceutical products, making it the 84th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 4th most exported product in Montenegro. The main destination of Pharmaceutical products exports from Montenegro are: Serbia ($36.9M), Germany ($13.3M), Bosnia and Herzegovina ($1.35M), Kazakhstan ($937k), and France ($317k).
The fastest growing export markets for Pharmaceutical products of Montenegro between 2022 and 2023 were Serbia ($10.1M), Germany ($5.63M), and France ($317k).
Imports In 2023, Montenegro imported $227M in Pharmaceutical products, becoming the 122nd largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 5th most imported product in Montenegro. Montenegro imports Pharmaceutical products primarily from: Switzerland ($41.5M), Serbia ($34.5M), Germany ($27.6M), Netherlands ($16.3M), and Hungary ($16M).
The fastest growing import markets in Pharmaceutical products for Montenegro between 2022 and 2023 were Switzerland ($13.3M), Hungary ($6.47M), and Serbia ($5.86M).