News

25.08.2014
External trade of Montenegro January-July 2014

The total external trade of Montenegro for period January-July 2014 is EUR 1 191.3 million, indicating the drop of 4.6% in comparison with the same period of the previous year.

The value of exports of goods is EUR 178.3 million, what is 21.8% less compared to the same period of previous year, and imports are EUR 1 012.9 million, what is 0.8% less compared to the same period of previous year. The coverage of import by export is 17.6%, and it is lower compared to the coverage for the same period of previous year, when it was 22.3%.

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 44.7 million (consisted of: Non-ferrous metals with the amount of EUR 38.9 million, and Iron and steel with EUR 2 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 220.1 million (consisted of: Meat and meat preparations with EUR 63.7 million, and Cereal and cereal products with EUR 30.9 million).

Main trading partners in exports with individual basis were: Serbia (EUR 42.7 million), Republic of Croatia (EUR 31.7 million) and Belarus (EUR 17.9 million).

Main trading partners in imports with individual basis were: Serbia (EUR 278.5 million), Bosnia and Herzegovina (EUR 78 million), and Greece (EUR 77.2 million). The highest external trade trend was with CEFTA and EU countries.

Release


.