News
25.04.2014External trade of Montenegro January-March 2014
The total external trade of Montenegro for period January-March 2014 is EUR 410 million, indicating the drop of 9.3% in comparison with the same period of the previous year.
The value of exports of goods is EUR 69.4 million, what is 22.1% less compared to the same period of previous year, and imports are EUR 340.6 million, what is 6.2% less compared to the same period of previous year. The coverage of import by export is 20.4%, and it is lower compared to the coverage for the same period of previous year, when it was 24.6%.
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 19.9 million (consisted of: Non-ferrous metals with the amount of EUR 17 million, and Iron and steel with EUR 1.3 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 68 million (consisted of: Road vehicles with EUR 19.5 million, and Electrical machinery, apparatus and appliances with EUR 13.4 million). Main trading partners in exports with individual basis were: Serbia (EUR 20 million), Republic of Croatia (EUR 14.9 million) and Slovenia (EUR 5 million). Main trading partners in imports with individual basis were: Serbia (EUR 92.4 million), Bosnia and Herzegovina (EUR 30.9 million), and China (EUR 28.6 million). The highest external trade trend was with CEFTA and EU countries.







