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25.10.2011

External trade of Montenegro-January-September 2011


The total external trade. of Montenegro for period January-September 2011 is EUR 1 695.1 million, indicating the growth of 16.5% in comparison with the same period of the previous year.
The value of exports of goods is EUR 331.5 million, what is 44.7% higher compared to the same period of previous year, and imports are EUR 1 363.6 million, what is 11.2% higher compared to the same period of previous year.
The coverage of import by export is 24.3%, and it is higher compared to the coverage for the same period of previous year, when it was 18.7%.
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 167.2 million (consisted of: Non-ferrous metals with the amount of EUR 141.9 million, and Iron and steel with EUR 17.9 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 265.4 million (consisted of: Meat and meat preparations with EUR 53.3 million, and Cereals and cereal preparations with EUR 43.9 million).
Main trading partners in exports with individual basis were: Hungary (EUR 64.1 million),Serbia (EUR 60.1 million  and Greece (EUR 36.1 million).
Main trading partners in imports with individual basis were: Serbia (EUR 393.5 million), Greece (EUR 114.7 million), and Bosnia and Herzegovina (EUR 102.4 million). The highest external trade trend was with CEFTA and EU countries.

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