News

04.12.2014
External trade of Montenegro January-October 2014

The total external trade of Montenegro for period January-October 2014 is EUR 1 766.8 million, indicating the drop of 2% in comparison with the same period of the previous year.

The value of exports of goods is EUR 275.2 million, what is 11.2% less compared to the same period of previous year, and imports are EUR 1 491.6 million, what is 0.1% less compared to the same period of previous year. The coverage of import by export is 18.4%, and it is lower compared to the coverage for the same period of previous year, when it was 20.7%.

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 64.2 million (consisted of: Non-ferrous metals with the amount of EUR 56.1 million, and Iron and steel with EUR 2.7 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 336.1 million (consisted of: Meat and meat preparations with EUR 103.8 million, and Cereal and cereal products with EUR 46.6 million). Main trading partners in exports with individual basis were: Serbia (EUR 63.1 million), Belarus (EUR 33 million) and Republic of Croatia (EUR 32.8 million). Main trading partners in imports with individual basis were: Serbia (EUR 404.4 million), Greece (EUR 121.9 million), and China (EUR 109.2 million). The highest external trade trend was with CEFTA and EU countries.

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