News

27.02.2017
External trade in goods of Montenegro January 2017

The total external trade in goods of Montenegro for January 2017 is EUR 116.9 million, indicating the growth of 16.3% in comparison with the previous year.
 
The value of exports of goods was 23.3 million EUR, and import was 93.6 million EUR. Compared with January 2016, imports increased 10.8%, and exports increased 45.1%.
 
The coverage of import by export was 24.9% and it was higher compared to the coverage for the same period of previous year (19%).
 
In the structure of exports, in accordance with the Standard International Trade Classification (SITC), the most present products were Manufactured goods classified chiefly by material (Section 6), in amount of EUR 7 million (consisted of: Non-ferrous metals - EUR 5.3 million, and Iron and steel - EUR 1.2 million).
 
In the structure of imports, in accordance with the SITC, the most present products were Machinery and transport equipment (Section 7) with EUR 21 million (consisted of: Road vehicles - EUR 6.1 million, and Telecommunications and sound-recording and reproducing apparatus and equipment - EUR 4.2 million).
 
Main trading partners in exports on an individual basis were: Serbia (EUR 4 million), Hungary (EUR 3.1 million) and Bosnia and Herzegovina (EUR 2.9 million).
 
Main trading partners in imports on an individual basis were: Serbia (EUR 19.1 million), China (EUR 9.6 million), and Germany (EUR 8 million). The highest external trade was with CEFTA parties and the EU member states.
 

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