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International Trade Statistics Yearbook 2014, Volume I

Trade by Country

image of International Trade Statistics Yearbook 2014, Volume I

The 2014 International Trade Statistics Yearbook (2014 ITSY) is the sixty-third edition of this yearbook. Its objective is to inform about the detailed merchandise and services imports and exports of individual countries (areas) by commodity and service category and by partner country (volume I), the world trade in individual commodities (3-digit SITC groups) (volume II) and total world merchandise trade - up to the year 2014.

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Montenegro

In 2014, the value of merchandise exports of Montenegro decreased moderately by 9.7 percent to reach 446.5 mln US$, while its merchandise imports increased slightly by 0.5 percent to reach 2.4 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 1.9 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -898.7 mln US$ (see graph 4). Merchandise exports in Montenegro were diversified amongst partners; imports were also diversified. The top 9 partners accounted for 80 percent or more of exports and 12 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Montenegro increased moderately by 9.6 percent, reaching 1.4 bln US$, while its imports of services increased substantially by 10.2 percent and reached 545.6 mln US$ (see graph 2). There was a large trade in services surplus of 858.8 mln US$.

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