The total external trade of Montenegro for period January-May 2016 is EUR 890.7 million, indicating the growth of 15.1% in comparison with the same period of the previous year.

 

The value of exports of goods is EUR 115.2 million, what is 6% higher compared to the same period of previous year, and imports are EUR 775.4 million, what is 16.6% higher compared to the same period of previous year.

 

The coverage of import by export is 14.9%, and it is lower compared to the coverage for the same period of previous year, when it was 16.9%.

 

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 41 million (consisted of: Non-ferrous metals with the amount of EUR 29.9 million, and Iron and steel with EUR 7.8 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 213.8 million (consisted of: Road vehicles with EUR 52.7 million, and Electrical machinery, apparatus and appliances with EUR 40.7 million).

 

Main trading partners in exports with individual basis were: Serbia (EUR 28.9 million), Hungary (EUR 19.8 million) and Italy (EUR 9 million).