The total external trade in goods of Montenegro for January 2023 according to the preliminary results is 299.9 million EUR, indicating the growth of 42.9% in comparison with the same month of the previous year.

The value of exports of goods was 87.0 million EUR, and import was 212.9 million EUR. Compared to the same month last year, exports increased by 35.2%, while imports increased by 46.3%.

The coverage of import by export was 40.9% and it was lower compared to the coverage for the same month of the previous year when it was 44.2%.

In the structure of exports, in accordance with the Standard International Trade Classification (SITC), the most present products were Mineral fuels, lubricants and related materials (Section 3), in amount of 65.8 million EUR (consisted of Electric current – 63.7 million EUR and other).

In the structure of imports, in accordance with the SITC, the most present products were Machinery and transport equipment (Section 7) in amount of 48.4 million EUR (consisted of: Road vehicles - 15.1 million EUR and other).

Main trading partners in exports on an individual basis were: Slovenia (23.3 million EUR), Serbia (21.2 million EUR), and Bosnia and Herzegovina (15.0 million EUR).

Main trading partners in imports on an individual basis were: Serbia (32.1 million EUR), China (24.7 million EUR) and Germany (20.6 million EUR). The highest external trade was with CEFTA parties, and the EU member states.

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