News
25.11.2011External trade of Montenegro January- October 2011
The total external trade. of Montenegro for period January-October 2011 is EUR 1 895 million, indicating the growth of 16.8% in comparison with the same period of the previous year.
The value of exports of goods is EUR 380million, what is 47.4% higher compared to the same period of previous year, and imports are EUR 1 514.5 million, what is 11% higher compared to the same period of previous year.
The coverage of import by export is 25.1%, and it is higher compared to the coverage for the same period of previous year, when it was 18.9%.
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 188 million (consisted of: Non-ferrous metals with the amount of EUR 156 million, and Iron and steel with EUR 23.7 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 290,9 million (consisted of: Meat and meat preparations with EUR 58.5 million, and Cereals and cereal preparations with EUR 48.1 million).
Main trading partners in exports with individual basis were: Hungary (EUR 73.3 million),Serbia (EUR 65 million and Greece (EUR 37.7 million).
Main trading partners in imports with individual basis were: Serbia (EUR 435.2 million), Greece (EUR 127.2 million), and Bosnia and Herzegovina (EUR 116.7 million). The highest external trade trend was with CEFTA and EU countries.







