Sitemap

Monstat: Serbia Is The Largest Foreign Trade Partner Of Montenegro

CorD Recommends

Andrej Plenković Re-Elected as HDZ Leader with Overwhelming Majority

Andrej Plenković has secured another term as...

Serbia and Egypt Sign Landmark Free Trade Agreement

In a significant move to bolster economic...

United States Adds $18 Million In New Funds To Development Partnership With Serbia

Today, the United States Government, through the...

Montenegro Nominated for Europe’s Most Desirable Destination Award

Montenegro has been nominated for the prestigious...

Serbian Women’s Volleyball Team Awarded Diplomatic Passports

Members of the Serbian women's volleyball team were awarded diplomatic passports as goodwill ambassadors, announced the Serbian government.  Addressing the...

Pure Sulfur Crystals Discovered on Mars

In an astonishing discovery, scientists have identified pure sulfur crystals on Mars, a find that has never been seen...

EU Council Lifts Visa Restrictions for Serbian Passport Holders from Kosovo*

The Council of the European Union has adopted a regulation ensuring that the entire Western Balkans region is subject...

Fiat Grande Panda Production Kicks Off in Kragujevac

In a landmark event for Serbia's automotive industry, Stellantis has commenced trial production of the electric Fiat Grande Panda...

EU and Serbia Sign Memorandum on Strategic Partnership for Sustainable Raw Materials

In a significant step towards enhancing cooperation in sustainable raw materials, battery production, and electric vehicles, the European Union...

According to the final data of the Monstat Administration of Statistics, the total foreign trade in goods of Montenegro last year amounted to 4.23 billion euros, which is 43.9 percent more than in 2021, and the largest foreign trade partners in exports were Serbia, Switzerland and Bosnia and Herzegovina, while imports were led by Serbia, China and Greece.

It was announced from Monstat that exported goods were worth 700.3 million euros, which is 60.2 percent more compared to the comparative period. Imports were 41.1 percent higher and amounted to 3.53 billion euros.

“The coverage of imports by exports amounted to 19.8 percent and is higher compared to the same period of the previous year when it amounted to 17.4 percent,” the announcement states.

Mineral fuels and lubricants are the most represented in the export structure, while machines and transport devices are the most represented in the import structure.

Read more...

Radoje Žugić, Governor Of The Central Bank Of Montenegro, CBCG

The Treatments For Crisis Are Always The Same

The only correct answer when it comes to the containment of the budget deficit is strong fiscal consolidation, with accompanying structural reforms. It is...

Commernt

New Challenges Seek Courageous Responses Comment

Although Montenegro’s potential to attract foreign investments is beyond dispute, there is a strong need to create a clear strategy for attracting investors that...

The largest foreign trade partners in exports were Serbia with 149.4 million euros, Switzerland (108) and Bosnia and Herzegovina (90.6). The largest foreign trade partners in imports were Serbia with 614.8 million euros, China (330.6) and Greece (289.1).

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

Related Articles

Serbian Women’s Volleyball Team Awarded Diplomatic Passports

Members of the Serbian women's volleyball team were awarded diplomatic passports as goodwill ambassadors, announced the Serbian government.  Addressing the team, which will compete in...

EU Council Lifts Visa Restrictions for Serbian Passport Holders from Kosovo*

The Council of the European Union has adopted a regulation ensuring that the entire Western Balkans region is subject to the same visa regime,...

EU and Serbia Sign Memorandum on Strategic Partnership for Sustainable Raw Materials

In a significant step towards enhancing cooperation in sustainable raw materials, battery production, and electric vehicles, the European Union and Serbia have signed a...

Bosnia and Herzegovina Leads Regional Service Quality Rankings

Bosnia and Herzegovina has emerged as the top performer in regional service quality, achieving a remarkable score of 89.53%, up by 5.55 percentage points...

Serbia and Japan Begin Talks on Investment Agreement

Serbian Foreign Minister Marko Đurić and Japanese Foreign Minister Yoko Kamikawa have agreed to commence negotiations on an Investment Agreement between their countries, aiming...

United States Adds $18 Million In New Funds To Development Partnership With Serbia

Today, the United States Government, through the United States Agency for International Development (USAID), announced an additional $18 million in assistance to Serbia, as...

Inside the Worlds of Coachella and EXIT

Coachella and EXIT stand out as two of the most electrifying music festivals, each boasting its unique flair while sharing some striking similarities Two names...

Trade Exchange

New Chapter in Economic Cooperation

Nothing will redefine French-Serbian economic relations like high technologies, which will give them a completely new dimension. It is now already certain that links...