News

25.04.2017
External trade in goods of Montenegro January-March 2017

The total external trade in goods of Montenegro for period January-March 2017 is EUR 533.5 million, indicating the growth of 22.2% in comparison with the previous year.
 
The value of exports of goods was 81.8 million EUR, and import was 451.6 million EUR. Compared with the same period of 2016, exports increased 39.3%, and imports increased 19.6%.
 
The coverage of import by export was 18.1% and it was higher compared to the coverage for the same period of previous year (15.6%).
 
In the structure of exports, in accordance with the Standard International Trade Classification (SITC), the most present products were Manufactured goods classified chiefly by material (Section 6), in amount of EUR 23.1 million (consisted of: Non-ferrous metals - EUR 16.9 million, and Iron and steel - EUR 3.4 million).
 
In the structure of imports, in accordance with the SITC, the most present products were Machinery and transport equipment (Section 7) with EUR 106.9 million (consisted of: Road vehicles - EUR 32.4 million, General industrial machinery and equipment - EUR 21.8 million).
 
Main trading partners in exports on an individual basis were: Serbia (EUR 14.8 million) Bosnia and Herzegovina (EUR 11.5 million) and Hungary (EUR 8 million).
 

Main trading partners in imports on an individual basis were: Serbia (EUR 95.2 million), China (EUR 42.9 million) and Germany (EUR 38.7 million). The highest external trade was with CEFTA parties and the EU member states. 

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