News

25.05.2016
External trade of Montenegro January-April 2016

The total external trade of Montenegro for period January-April 2016 is EUR 649 million, indicating the growth of 7.5% in comparison with the same period of the previous year.
 
The value of exports of goods is EUR 87.6 million, what is 4.8% lower compared to the same period of previous year, and imports are EUR 561.4 million, what is 9.7% higher compared to the same period of previous year.
 
The coverage of import by export is 15.6%, and it is lower compared to the coverage for the same period of previous year, when it was 18%.
 
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 30.1 million (consisted of: Non-ferrous metals with the amount of EUR 21 million, and Iron and steel with EUR 6.5 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 128.3 million (consisted of: Road vehicles with EUR 36.3 million, and Electrical machinery, apparatus and appliances with EUR 27.7 million).
 
Main trading partners in exports with individual basis were: Serbia (EUR 22.6 million), Hungary (EUR 13.6 million) and Italy (EUR 6.1 million).
 

Main trading partners in imports with individual basis were: Serbia (EUR 124.1 million), China (EUR 65.8 million), and Germany (EUR 45.4 million). The highest external trade trend was with CEFTA and EU countries. 

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