News

14.04.2022
External trade in goods of Montenegro January-December 2021

The total external trade in goods of Montenegro for January - December 2021 according to final results is 2 942.2 million EUR, indicating the growth of 19.1% in comparison with the same period of the previous year.

The value of exports of goods was 437.1 million EUR, and import was 2 505.1 million EUR. Compared to the same period last year, exports increased by 19.4%, while imports increased by 19.0%.

The coverage of import by export was 17.4% and it was the same compared to the coverage for the same period of the previous year.

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 101.6 million EUR (consisted of Non-ferrous metals–81.8 million EUR, Iron and steel- 6.7 million EUR and other).

In the structure of imports, in accordance with the SITC, the most present products were Machinery and transport equipment (Section 7) with 513.4 million EUR (consisted of: Road vehicles – 147.8 million EUR, Electrical machinery, apparatus and appliances– 107.6 million EUR and other).

Main trading partners in exports on an individual basis were: Serbia (107.3 million EUR), Switzerland (50.7 million EUR) and Bosnia and Herzegovina (33.4 million EUR).

Main trading partners in imports on an individual basis were: Serbia (500.9 million EUR), China (245.2 million EUR) and Germany (231.2 million EUR). The highest external trade was with CEFTA parties and the EU member states.

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