The Commodity Exchange Between Slovenia and Montenegro Has Grown by Almost 30% Over the Past 4 Years

Over the past 4 years, the commodity exchange between Slovenia and Montenegro has grown by almost 30% – from 82.55 million euros in 2014 to 107.66 million euros in 2017. Only for the first 9 months of 2018, the total commodity exchange between the countries amounted to 85.82 million euros.

The main categories of export to Montenegro at the end of 2017 are land vehicles (except for railway or tram rolling stocks), parts and accessories thereof (17% of total export, 15.98 million euros), nuclear reactors, boilers, equipment and mechanical devices; parts thereof (12%, 11.64 million euros), electrical machinery and equipment, parts thereof; sound recording and reproducing equipment, equipment for recording and reproducing TV image and sound, parts and accessories thereof (7%, 6.97 million euros); as well as pharmaceutical products (7%, 6.84 million euros).

In addition, last year, Slovenia also exported vessels, boats and floating structures (5%, 4.8 million euros), as well as various food products (4%, 3.74 million euros) to Montenegro.

The main categories of import from Montenegro at the end of 2017 are aluminium and aluminium products (53% of total import, 6.098 million euros), copper and copper products (11%, 1.28 million euros), electrical machinery and equipment, and parts thereof; sound recording and reproducing equipment, equipment for recording and reproducing TV image and sound, parts and accessories thereof (10%, 1.2 million euros).

Besides, last year, Slovenia imported from Montenegro wood and woodwork; charcoal (7%, 822 thousand euros), essential oils and resinoids, perfumery, cosmetic or toilet products (3%, 375 thousand euros), vessels, boats and floating structures (2%, 211 thousand euros).

Source: www.izvoznookno.si