News
26.09.2011External trade of Montenegro January- August 2011
The total external trade. of Montenegro for period January-August 2011 is EUR 1 479.6 million, indicating the growth of 15% in comparison with the same period of the previous year.
The value of exports of goods is EUR 289.5 million, what is 44% higher compared to the same period of previous year, and imports are EUR 1 190.1 million, what is 10% higher compared to the same period of previous year.
The coverage of import by export is 24.3%, and it is higher compared to the coverage for the same period of previous year, when it was 18.6%.
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 145.1 million (consisted of: Non-ferrous metals with the amount of EUR 127.1 million, and Iron and steel with EUR 11.6 million).
The structure of imports in accordance with the classification SITC (Standard International Trade Classification) is presented mostly products of Section 0 – Food and live animals with EUR 234.3 million (consisted of: Meat and meat preparations with EUR 47.1 million, and Cereals and cereal preparations with EUR 39.5 million).
Main trading partners in exports with individual basis were: Hungary (EUR 57 million),Serbia (EUR 55.1 million and Greece (EUR 36 million).
Main trading partners in imports with individual basis were: Serbia (EUR 345.1 million), Greece (EUR 97.1 million), and Bosnia and Herzegovina (EUR 87 million). The highest external trade trend was with CEFTA and EU countries.
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