Montenegro's Jan-April customs revenue up 9% y/y

January-April customs revenue was 8.6% higher than expected, the agency said in a statement.

Revenue from value added tax (VAT) rose 5.3% on the year to 256.5 million euro in January-April, with excise revenue jumping 20% to 103 million euro, the statement read.

Customs duties increased by an annual 13% to 17.5 million euro in the first four months of 2024, with revenue from tax on coffee totalling 804,800 euro in the period.

($= 0.932 euro)