News

25.12.2014
External trade of Montenegro January-November 2014

The total external trade of Montenegro for period January-November 2014 is EUR 1 933.6 million, indicating the drop of 1.6% in comparison with the same period of the previous year.

The value of exports of goods is EUR 309.6 million, what is 9.2% less compared to the same period of previous year, and imports are EUR 1 624 million, what is equally compared to the same period of previous year. The coverage of import by export is 19.1%, and it is lower compared to the coverage for the same period of previous year, when it was 21%.

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 76.3 million (consisted of: Non-ferrous metals with the amount of EUR 66.2 million, and Iron and steel with EUR 4 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 362.6 million (consisted of: Meat and meat preparations with EUR 111.8 million, and Cereal and cereal products with EUR 50.6 million). Main trading partners in exports with individual basis were: Serbia (EUR 72.4 million), Belarus (EUR 33 million) and Republic of Croatia (EUR 32.9 million). Main trading partners in imports with individual basis were: Serbia (EUR 437.6 million), Greece (EUR 132.2 million), and China (EUR 118.9 million). The highest external trade trend was with CEFTA and EU countries.
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