News

25.09.2014
External trade of Montenegro

The total external trade of Montenegro for period January-August 2014 is EUR 1 384.6 million, indicating the drop of 4% in comparison with the same period of the previous year.
The value of exports of goods is EUR 206.1 million, what is 19.6% less compared to the same period of previous year, and imports are EUR 1 178.5 million, what is 0.6% less compared to the same period of previous year. The coverage of import by export is 17.5%, and it is lower compared to the coverage for the same period of previous year, when it was 21.6%.
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 49.1 million (consisted of: Non-ferrous metals with the amount of EUR 42.7 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 264.2 million (consisted of: Meat and meat preparations with EUR 79 million, and Cereal and cereal products with EUR 36.3 million). Main trading partners in exports with individual basis were: Serbia (EUR 48.5 million), Republic of Croatia (EUR 32.1 million) and Belarus (EUR 23.5 million). Main trading partners in imports with individual basis were: Serbia (EUR 324.4 million), Greece (EUR 95.4 million), and Bosnia and Herzegovina (EUR 86.6 million). The highest external trade trend was with CEFTA and EU countries.

Release


.