Europe ยท Country profile
Montenegro
India-Montenegro trade corridor: $10.2B bilateral trade, $8.8B FDI into India.
$10.2B
Trade with India
+16.7% YoY
$1.01T
GDP
Nominal
$8.8B
FDI into India
Cumulative
+$1.2B
Trade balance
India surplus
Top exports to Montenegro
- Gems and jewellery
- Rice and cereals
- Machinery
Top imports from Montenegro
- Crude oil and LNG
- Coal and coke
- Copper and ores
Trade corridor with India
2025: $10.2B ยท 5-yr CAGR 12.7%
Goods trade in USD billion, illustrative demo figures.
Latest Montenegro stories
Trade6h ago5 min read
India-Montenegro bilateral trade hits a new quarterly high
FDI9h ago6 min read
Montenegro investors commit fresh capital to Indian manufacturing
Policy12h ago7 min read
Revised tariff schedule for India-Montenegro goods notified
Technology15h ago3 min read
India and Montenegro deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 5% to 2% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 3 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Montenegro Business Forum
Feb 2027 ยท New Delhi
Delegation
Trade delegation to Montenegro
Apr 2027 ยท Montenegro
Buyer meet
Montenegro buyers-sellers meet
Nov 2026 ยท Mumbai
Policy
Joint working group on market access
Jan 2027 ยท Virtual