The total external trade of Montenegro for period January-February 2016 is EUR 253.6 million, indicating the drop of 1.2% in comparison with the same period of the previous year.  

 

The value of exports of goods is EUR 38.6 million, what is 21.6% lower compared to the same period of previous year, and imports are EUR 215 million, what is 3.6% higher compared to the same period of previous year. 

 

The coverage of import by export is 18%, and it is lower compared to the coverage for the same period of previous year, when it was 23.7%.  

 

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 13.4 million (consisted of: Non-ferrous metals with the amount of EUR 8.9 million, and Iron and steel with EUR 3.5 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 48.2 million (consisted of: Road vehicles with EUR 13.4 million, and Electrical machinery, apparatus and appliances with EUR 9.6 million). 

 

Main trading partners in exports with individual basis were: Serbia (EUR 10.7 million), Hungary (EUR 5.8 million) and Germany (EUR 2.8 million).