News

25.11.2015
External trade of Montenegro January-October 2015

The total external trade of Montenegro for period January-October 2015 is EUR 1 778 million, indicating the growth of 0.9% in comparison with the same month of the previous year.
 
The value of exports of goods is EUR 245 million, what is 9.6% lower compared to the same period of previous year, and imports are EUR 1 533.1 million, what is 2.8% more compared to the same period of previous year. The coverage of import by export is 16%, and it is lower compared to the coverage for the same period of previous year, when it was 18.2%.
 
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 68.6 million (consisted of: Non-ferrous metals with the amount of EUR 44.8 million, and Iron and steel with EUR 18.9 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 334.7 million (consisted of: Road vehicles with EUR 95.6 million, and Electrical machinery, apparatus and appliances with EUR 71.4 million). 
 
Main trading partners in exports with individual basis were: Serbia (EUR 53.5 million), Italy (EUR 37 million) and Bosnia and Herzegovina (EUR 24.8 million). 
 

Main trading partners in imports with individual basis were: Serbia (EUR 432.4 million), China (EUR 158.9 million), and Bosnia and Herzegovina (EUR 102.2 million). The highest external trade trend was with CEFTA and EU countries. 

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