ProceduresGovernment

Montenegro

Country

2024-Q4: US$10.2k, Remittances received from Montenegro

About Montenegro

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The main sale from Mexico to Montenegro in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$18k). The main origins of sales to Montenegro were Yucatán (US$18k), Zacatecas (US$6.02k), and Nuevo León (US$253).

The main product bought by Mexico from Montenegro in 2023 was Electrical Apparatus for Switching or Protecting Electrical Circuits (US$272k). The main destinations of purchases made to Montenegro were Chihuahua (US$270k), Jalisco (US$132k), and Nuevo León (US$14.7k).

Regarding remittances, in the fourth quarter of 2024, Mexico received US$10.2k in remittances from Montenegro, while Montenegro received US$2.25k in remittances from Mexico.

Commercial Exchange

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The icons show the percentage share of Montenegro in Mexico's imports and exports, as well as the net trade balance between the two countries.

Data provided by Bank of Mexico.

Net International Exchange

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In November 2024, the international sales from Mexico to Montenegro were US$0, while international purchases reached US$4.09k. The above results in a trade balance of -US$4.09k.

Annual International Trade

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The main sale from Mexico to Montenegro in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$18k). The main origins of sales to Montenegro were Yucatán (US$18k), Zacatecas (US$6.02k), and Nuevo León (US$253).

The main product bought by Mexico from Montenegro in 2023 was Electrical Apparatus for Switching or Protecting Electrical Circuits (US$272k). The main destinations of purchases made to Montenegro were Chihuahua (US$270k), Jalisco (US$132k), and Nuevo León (US$14.7k).

Monthly International Trade

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The main product bought by Mexico from Montenegro in November 2024 was Electrical Apparatus for Switching or Protecting Electrical Circuits (US$1.32k). The main destinations of purchases made to Montenegro were Ciudad de México (US$1.83k), Jalisco (US$1.45k), and Nuevo León (US$615).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Yucatán (US$19.5k), Zacatecas (US$6.02k), and Querétaro (-US$192).

Evolution of the Amount of Remittances

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The chart compares the evolution of remittances sent from Mexico to Montenegro and the remittances that Mexico receives from Montenegro.

In the fourth quarter of 2024, Mexico received US$10.2k in remittances from Montenegro, while Montenegro received US$2.25k in remittances from Mexico.