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25.04.2012

External trade of Montenegro January-March 2012


The total external trade of Montenegro for period January-March 2012 is EUR 460.9 million, indicating the drop of 0.7% in comparison with the same month of the previous year.

The value of exports of goods is EUR 84.7 million, what is 23.9% less compared to the same period of previous year, and imports are EUR 376.3 million, what is 6.6% higher compared to the same period of previous year.
The coverage of import by export is 22.5%, and it is lower compared to the coverage for the same period of previous year, when it was 31.5%.
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 46.7 million (consisted of: Non-ferrous metals with the amount of EUR 38.8 million, and Iron and steel with EUR 6.2 million).
The structure of imports in accordance with the classification SITC (Standard International Trade Classification) is presented mostly products of Section 3 – Mineral fuels, lubricants and related materials with EUR 86.6 million (consisted of: Petroleum, petroleum products and related materials with EUR 44.8 million, and Electric current with EUR 39 million).
Main trading partners in exports with individual basis were: Croatia (EUR 25.3 million), Serbia (EUR 19 million) and Bosnia and Herzegovina (EUR 6.1 million).
Main trading partners in imports with individual basis were: Serbia (EUR 106.4 million), Greece (EUR 32.7 million), and Bosnia and Herzegovina (EUR 24.7 million). The highest external trade trend was with CEFTA and EU countries.

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