The total external trade in goods of Montenegro for January-November 2025 according to preliminary
results is 4 511.1 million EUR, indicating a growth of 5.7% in comparison with the same period of the
previous year.
The value of exports of goods was 507.4 million EUR, and import was 4 003.7 million EUR. Compared
to the same period last year, exports decreased by 7.2%, while imports increased by 7.6%.
The coverage of import by export was 12.7% and it was lower compared to the coverage for the same
period of the previous year when it was 14.7%.
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 124.1 million EUR (consisted of Electric current – 84.7 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 989.4 million EUR (consisted of: Road vehicles –
373.5 million EUR and other).
Main trading partners in exports on an individual basis were: Serbia (134.2 million EUR), Bosnia and
Herzegovina (50.0 million EUR) and Slovenia (36.3 million EUR).
Main trading partners in imports on an individual basis were: Serbia (688.8 million EUR), China (501.5
million EUR) and Germany (404.2 million EUR). The highest external trade was with CEFTA parties and
the EU member states.
