News

25.09.2015
External trade of Montenegro January-August 2015

The total external trade of Montenegro for period January-August 2015 is EUR 1 414.8 million, indicating the growth of 2.2% in comparison with the same month of the previous year.
 
The value of exports of goods is EUR 191.3 million, what is 6.7% lower compared to the same period of previous year, and imports are EUR 1 223.5 million, what is 3.8% more compared to the same period of previous year. The coverage of import by export is 15.6%, and it is lower compared to the coverage for the same period of previous year, when it was 17.4%.
 
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 million (consisted of: Non-ferrous metals with the amount of EUR 39.8 million, and Iron and steel with EUR 15.3 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 269 million (consisted of: Road vehicles with EUR 77.1 million, and Electrical machinery, apparatus and appliances with EUR 54.7 million). 
 

Main trading partners in exports with individual basis were: Serbia (EUR 41.4 million), Italy (EUR 32 million) and Bosnia and Herzegovina (EUR 21.5 million). Main trading partners in imports with individual basis were: Serbia (EUR 339.5 million), China (EUR 127.1 million), and Bosnia and Herzegovina (EUR 82.7 million). The highest external trade trend was with CEFTA and EU countries. 

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