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25.03.2014External trade of Montenegro January-February 2014
The total external trade of Montenegro for period January-February 2014 is EUR 240.4 million, indicating the drop of 15.2% in comparison with the same period of the previous year.
The value of exports of goods is EUR 44.8 million, what is 24.4% less compared to the same period of previous year, and imports are EUR 195.6 million, what is 12.7% less compared to the same period of previous year. The coverage of import by export is 22.9%, and it is lower compared to the coverage for the same period of previous year, when it was 26.4%.
Structure of exports in accordance with the SITC (Standard International Trade Classification) the most present products are Manufactured goods classified chiefly by material – Section 6, in amount of EUR 13.1 million (consisted of: Non-ferrous metals with the amount of EUR 10.9 million, and Iron and steel with EUR 0.9 million).
The structure of imports in accordance with the classification SITC (Standard International Trade Classification) is presented mostly products of Section 0 – Food and live animals with EUR 18.1 million (consisted of: Meat and meat preparations with EUR 11.4 million, and Cereal and cereal products with EUR 5.7 million). Main trading partners in exports with individual basis were: Serbia (EUR 14.4 million), Republic of Croatia (EUR 9.6 million) and Slovenia (EUR 3.8 million). Main trading partners in imports with individual basis were: Serbia (EUR 53.2 million), Bosnia and Herzegovina (EUR 19.1 million), and China (EUR 15.7 million). The highest external trade trend was with CEFTA and EU countries.
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