News

04.04.2016
External trade of Montenegro January-December 2015

The total external trade of Montenegro for period January-December 2015 is EUR 2 158.7 million, indicating the growth of 2% in comparison with the same period of the previous year.
 
The value of exports of goods is EUR 317.2 million, what is 4.8% lower compared to the same period of previous year, and imports are EUR 1 841.5 million, what is 3.2% more compared to the same period of previous year. The coverage of import by export is 17.2%, and it is lower compared to the coverage for the same period of previous year, when it was 18.7%.
 
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 96.5 million (consisted of: Non-ferrous metals with the amount of EUR 69.4 million, and Iron and steel with EUR 21 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 408.2 million (consisted of: Road vehicles with EUR 115.6 million, and Electrical machinery, apparatus and appliances with EUR 86.9 million). Main trading partners in exports with individual basis were: Serbia (EUR 70.2 million), Italy (EUR 40 million) and Bosnia and Herzegovina (EUR 29.4 million).
 

Main trading partners in imports with individual basis were: Serbia (EUR 518.1 million), China (EUR 189.6 million), and Bosnia and Herzegovina (EUR 120 million). The highest external trade trend was with CEFTA and EU countries. 

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