The total external trade of Montenegro for period January-July 2016 is EUR 1 352.2 million, indicating the growth of 10.4% in comparison with the same period of the previous year.

 

The value of exports of goods is EUR 173.2 million, what is 4% higher compared to the same period of previous year, and imports are EUR 1 179 million, what is 11.5% higher compared to the same period of previous year.

 

The coverage of import by export is 14.7%, and it is lower compared to the coverage for the same period of previous year, when it was 15.8%.

 

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 54.9 million (consisted of: Non-ferrous metals with the amount of EUR 39.4 million, and Iron and steel with EUR 10.3 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 321.6 million (consisted of: Road vehicles with EUR 77.2 million, and Electrical machinery, apparatus and appliances with EUR 75 million).

 

Main trading partners in exports with individual basis were: Serbia (EUR 40.3 million), Hungary (EUR 25.7 million) and Bosnia and Herzegovina (EUR 11.5 million).