MONSTAT: Foreign trade 660,2 million

Monstat announced that exported goods were worth 96,9 million euros, which is 10,3 percent less than in the same period last year. Imports were 5,3 percent higher, amounting to 563,3 million euros.

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Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Montenegro's total foreign trade in goods in the first two months, according to preliminary data from Monstat, amounted to 660,2 million euros, which is 2,7 percent more than in the same period last year.

Monstat announced that exported goods were worth 96,9 million euros, which is 10,3 percent less than in the same period last year. Imports were 5,3 percent higher, amounting to 563,3 million euros.

"The coverage of imports by exports amounted to 17,2 percent and is lower compared to the same period of the previous year when it amounted to 20,2 percent," the announcement states.

In the export structure, mineral fuels and lubricants are the most represented, amounting to 33,2 million euros, followed by electricity at 29,2 million euros and other.

In the structure of imports, the most represented are machinery and transport equipment in the amount of 144,4 million euros, consisting of road vehicles 61,8 million euros and other.

The largest foreign trade partners in exports were Serbia with 22,2 million euros, Slovenia with 14,5 million euros and Switzerland with 11,3 million.

The largest foreign trade partners in imports were Serbia with 91,4 million euros, China with 76,5 million euros and Germany with 57,3 million euros.

Foreign trade in goods was highest with the signatories of the Central European Free Trade Agreement (CEFTA) and the European Union (EU).

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