News

25.10.2016
External trade of Montenegro January-September 2016

 The total external trade of Montenegro for period January-September 2016 is EUR 1 781.5 million, indicating the growth of 11.2% in comparison with the same period of the previous year.

The value of exports of goods is EUR 231.5 million, what is 5.8% higher compared to the same period of previous year, and imports are EUR 1 550 million, what is 12% higher compared to the same period of previous year.
 
The coverage of import by export is 14.9%, 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 67.6 million (consisted of: Non-ferrous metals with the amount of EUR 48.8 million, and Iron and steel with EUR 12 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 401.8 million (consisted of: Road vehicles with EUR 97.8 million, and Electrical machinery, apparatus and appliances with EUR 97.3 million).
 
Main trading partners in exports with individual basis were: Serbia (EUR 53.6 million), Hungary (EUR 31 million) and Bosnia and Herzegovina (EUR 15.8 million).
 
Main trading partners in imports with individual basis were: Serbia (EUR 345.9 million), Germany (EUR 172.5 million), and China (EUR 142.7 million). The highest external trade trend was with CEFTA and EU countries.
 

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