News

27.10.2014
External trade of Montenegro January-September 2014

The total external trade of Montenegro for period January-September 2014 is EUR 1 574.5 million, indicating the drop of 2,7% in comparison with the same period of the previous year.
The value of exports of goods is EUR 241.3 million, what is 15.4% less compared to the same period of previous year, and imports are EUR 1 333.2 million, what is 0.1% more compared to the same period of previous year. The coverage of import by export is 18.1%, and it is lower compared to the coverage for the same period of previous year, when it was 21.4%.
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 59.3 million (consisted of: Non-ferrous metals with the amount of EUR 52.3 million, and Iron and steel with EUR 2.2 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 301.3 million (consisted of: Meat and meat preparations with EUR 91.6 million, and Cereal and cereal products with EUR 41.3 million). Main trading partners in exports with individual basis were: Serbia (EUR 55.5 million), Republic of Croatia (EUR 32.6 million) and Belarus (EUR 27.6 million). Main trading partners in imports with individual basis were: Serbia (EUR 365.2 million), Greece (EUR 108.3 million), and Bosnia and Herzegovina (EUR 97 million). The highest external trade trend was with CEFTA and EU countries.
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