News

26.05.2014

External trade of Montenegro January-April 2014


The total external trade of Montenegro for period January-April 2014 is EUR 591.9 million, indicating the drop of 9.1% in comparison with the same period of the previous year.

The value of exports of goods is EUR 92.5 million, what is 26.7% less compared to the same period of previous year, and imports are EUR 499.4 million, what is 4.9% less compared to the same period of previous year. The coverage of import by export is 18.5%, and it is lower compared to the coverage for the same period of previous year, when it was 24%.

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 26.3 million (consisted of: Non-ferrous metals with the amount of EUR 22.6 million, and Iron and steel with EUR 1.6 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 101.6 million (consisted of: Road vehicles with EUR 28.8 million, and General industrial machinery and equipment with EUR 19.8 million). Main trading partners in exports with individual basis were: Serbia (EUR 24.8 million), Republic of Croatia (EUR 19.7 million) and Slovenia (EUR 6.4 million). Main trading partners in imports with individual basis were: Serbia (EUR 135.1 million), Bosnia and Herzegovina (EUR 44.1 million), and China (EUR 40.9 million). The highest external trade trend was with CEFTA and EU countries.


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