News

26.09.2016
External trade of Montenegro January-August 2016

The total external trade of Montenegro for period January-August 2016 is EUR 1 581.3 million, indicating the growth of 11.7% in comparison with the same period of the previous year.

The value of exports of goods is EUR 202.6 million, what is 5.8% higher compared to the same period of previous year, and imports are EUR 1 378.7 million, what is 12.6% higher compared to the same period of previous year.

The coverage of import by export is 14.7%, and it is lower compared to the coverage for the same period of previous year, when it was 15.6%.

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 61.3 million (consisted of: Non-ferrous metals with the amount of EUR 44.1 million, and Iron and steel with EUR 11 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 367.1 million (consisted of: Electrical machinery, apparatus and appliances with EUR 89.4 million, and Road vehicles with EUR 88 million).

Main trading partners in exports with individual basis were: Serbia (EUR 45.8 million), Hungary (EUR 29.1 million) and Bosnia and Herzegovina (EUR 14.3 million).

Main trading partners in imports with individual basis were: Serbia (EUR 303.4 million), Germany (EUR 157.6 million), and China (EUR 127.8 million). The highest external trade trend was with CEFTA and EU countries.
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