Hungary

Bilateral relations between Montenegro and Hungary are friendly, without open issues, on a constant rise when it comes to economic cooperation, characterized by common interests and cooperation through NATO membership. Numerous mutual visits at the highest and highest level have additionally encouraged the overall cooperation between Montenegro and Hungary. Hungary strongly, bilaterally and multilaterally, advocates and promotes the necessity of Montenegro's membership in the European Union even before 2025, which is given as a perspective in the European Commission Strategy for the Western Balkans.

Diplomatic relations

Hungary officially recognized Montenegro on June 12, 2006. Diplomatic relations between the two countries were established on June 14, 2006.

Ambassador Extraordinary and Plenipotentiary of Montenegro to Hungary is Aleksandar Moštrokol (assumed this duty on March 27, 2017).

Ambassador Extraordinary and Plenipotentiary of Hungary to Montenegro is Jozsef Negyesi (assumed this duty on September 6, 2018).

The Honorary Consul of Hungary in Montenegro, based in Herceg Novi, is Csaba Magyar (assumed this duty on November 26, 2003).

High-level bilateral meetings

Hungarian Parliament Speaker Laszlo Kover paid an official visit to Montenegro, 10-11. September 2018.

The Prime Minister of Hungary, Viktor Orbán, paid an official visit to Montenegro on July 23, 2018.

The Minister of Foreign Affairs and Trade of Hungary, Péter Szijjártó, paid an official visit to Montenegro on 12 May 2020, 2 July 2018 and 19 December 2017.

The President of Hungary, Janos Ader, paid an official visit to Montenegro, 4-5 October 2017.

Minister of Foreign Affairs of Montenegro Djordje Radulović paid an official visit to Hungary, 25-27. February 2021.

The President of the Parliament of Montenegro, Ivan Brajović, paid an official visit to Hungary, 12-14. May 2019.

Prime Minister of Montenegro Duško Marković paid an official visit to Hungary on February 24, 2017.

Minister of Foreign Affairs of Montenegro prof. Dr. Srdjan Darmanović paid an official visit to Hungary on January 27, 2017.

Economic indicators

Trade in 2020 between Montenegro and Hungary amounted to EUR 44,39 million (exports: 22,51 million euros; imports: 21,88 million euros). In 2019 trade amounted to 69,07 million euros (exports: 44,96 million euros; imports: 24,11 million euros), while in 2018 amounted to 65,4 million euros (exports: 46,14 million euros; imports: 19.26 million euros).

Foreign direct investments from Hungary in 2020, according to the Central Bank of Montenegro, amounted to 7,62 million euros. In 2019 FDI amounted to 54,42 million euros, while in 2018 amounted to 65,4 million euros.

In 2020, 1,251 tourists from Hungary visited Montenegro, with 3.854 overnight stays. In 2019, there were 32.860 tourists with 164,509 overnight stays. In 2018, there were 34.032 Hungarian tourists with 168.910 overnight stays.