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The total external trade of Montenegro for period January-December 2014 is EUR 2 117.4 million, indicating the drop of 1.5% in comparison with the same period of the previous year. The value of exports of goods is EUR 333.2 million, what is 11.3% less compared to the same period of previous year, and imports are EUR 1 784.2 million, what is 0.6% more compared to the same period of previous year. The coverage of import by export is 18.7%, and it is lower compared to the coverage for the same period of previous year, when it was 21.2%.

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 82.8 million (consisted of: Non-ferrous metals with the amount of EUR 71.8 million, and Iron and steel with EUR 4.5 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 397.7 million (consisted of: Meat and meat preparations with EUR 122.5 million, and Cereal and cereal products with EUR 55.7 million).

Main trading partners in exports with individual basis were: Serbia (EUR 80 million), Italia (EUR 34.8 million) and Republic of Croatia (EUR 33.1 million). Main trading partners in imports with individual basis were: Serbia (EUR 480.7 million), Greece (EUR 144.5 million), and China (EUR 132.7 million). The highest external trade trend was with CEFTA and EU countries.

Source: Monstat

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