News

25.08.2015
External trade of Montenegro January-July 2015

The total external trade of Montenegro for period January-July 2015 is EUR 1 220.8 million, indicating the growth of 2.4% in comparison with the same month of the previous year.
 
The value of exports of goods is EUR 165.7 million, what is 6.9% lower compared to the same period of previous year, and imports are EUR 1 055.1 million, what is 4% more compared to the same period of previous year. The coverage of import by export is 15.7%, and it is lower compared to the coverage for the same period of previous year, when it was 17.5%.
 
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 55.6 million (consisted of: Non-ferrous metals with the amount of EUR 38.3 million, and Iron and steel with EUR 13.9 million).
 
The structure of imports in accordance with the classification SITC (Standard International Trade Classification) is presented mostly products of Section 7 – Machinery and transport equipment with EUR 239.7 million (consisted of: Road vehicles with EUR 70.2 million, and Electrical machinery, apparatus and appliances with EUR 47.2 million). 
 
Main trading partners in exports with individual basis were: Serbia (EUR 35.3 million), Italy (EUR 30.7 million) and Bosnia and Herzegovina (EUR 19.5 million). 
 

Main trading partners in imports with individual basis were: Serbia (EUR 288.1 million), China (EUR 112.3 million), and Bosnia and Herzegovina (EUR 72.1 million). The highest external trade trend was with CEFTA and EU countries. 

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